Weekly Report on Concrete: Weak Demand and Weakened Cost, National Concrete Market Continues to Bottom (7.13-7.17)

On July 17, the National Concrete Price Index (CEMPI) closed at 88.24 points, down 0.15% annually and 7.80% year-on-year.

This week, the national concrete market as a whole continued its weak operation, and the performance of the north and the south was divided. North China is weak and stable, and the demand is weak; the price of cement in Northeast China is low, the cost is weak, and the shipment is low; the volume and price in Northwest China are both weak, and there is a downward trend in some areas; East China is bottoming out in the off-season, the construction is blocked by typhoon and high temperature, and the phenomenon of open and stable decline is the majority; the central and southern regions are divided, and it is difficult for Guangdong and Guangxi to keep up with the rise, the two lakes are restricted by rainfall and high temperature, and Henan is stable at a; Southwest China is under pressure, Sichuan-Chongqing commercial mix is downward, and Yunnan-Guizhou rainy season is weak. Overall, the market support is limited and difficult to improve in the short term.