News summary
Changsha building materials prices rose significantly this weekplaytoearnwaxgames, month-on-month increase of 60 yuan/ton last weekplaytoearnwaxgames, the basic price of earthquake-resistant threads is 3770 yuan/ton. Social inventories continue to decrease, with current inventories 26playtoearnwaxgames.790 million tons, down 1.1 percent from last Fridayplaytoearnwaxgames.220 thousand tons.
Newsletter text
[Changsha building materials prices rose significantly] Building materials prices in Changsha market rose significantly this week, up 60 yuan/ton month-on-month from the same period last week. As of now, the basic price of Pinggang's earthquake-resistant threads has reached 3770 yuan/ton, and the price of Φ 8 earthquake-resistant coil screws is 3900 yuan/ton.
[Inventories continue to be de-mined, and market demand grows] In terms of inventory, Changsha Building Materials 'social inventories maintain a trend of de-warehousing. As of May 17, Changsha's total social inventory of building materials was 267,900 tons, a decrease of 12,200 tons from last Friday. Among them, rebar inventory was 205,200 tons, and wire inventory was 62,700 tons, accounting for 23.4% of wire inventory. On the demand side, the transaction volume of 10 sample building materials companies in Changsha showed a significant increase this week.
