Cement Net Monthly Report: The National Concrete Market Continues to Be Weak in the Off-season, with Weak Supply and Demand and Stable and Weak Prices (1.1-1.31)

In January, the national concrete market entered a deep off-season, generally showing a pattern of weak supply and demand, weak and stable prices. Due to low temperature and environmental warning, many places in the north entered the winter break, the construction stagnated and the demand contracted; in the south, the demand in East China, Central South and other places declined seasonally, the quotation was stable and weak, the demand in the southwest was divided, and Yunnan and Guizhou were dragged down by the weather. As a whole, it is facing challenges such as insufficient demand, high pressure of repayment and weakening cost support, and will continue to be weak and stable in the short term. By the

end of January, the National Concrete Price Index (CONCPI) had closed at 90.21 points, down 0.19% from the end of December 25, compared with the same period last year. Price Decline of 13.9%

Figure 1: Operation of

National Concrete Price Index in January