/biz/ - Business & Finance

http://cementamericas.com/2020/11/12/covid-19-and-the-global-cement-industry-2/
>Global demand will almost certainly be down on original forecasts for the year – although by how much will depend on the county. In China, for example, demand may actually be ahead of expectations, thanks firstly to the timing of the country’s lockdown and secondly to the Chinese government’s bullishly stimulatory response

https://outline.com/UWBjDF
>"While North, Central and Eastern India saw a substantial growth in demand which led to impressive performance by companies located in that region, Western India was impacted by Covid and Gujarat and Maharashtra bore the brunt of the attack. Now after a good monsoon and with people having learnt to cope with Covid and with decreased Covid activity, we see revival in Western India also which can lead to improved demand in the two quarters to come,"
(India second largest consumer of concrete / cement)

https://fred.stlouisfed.org/series/WPU1333
(Fed chart of concrete prices)

https://concretefinancialinsights.com/f/concrete-prices-were-up-318-per-yard-in-q3-of-2020
> The $125.28 weighted average selling price per cubic yard for ready mixed concrete in the third quarter of 2020, reported by the concrete producers tracked in the Concrete Financial Insights Index, was $3.18 cents per cubic yard above the price in Q3 of 2019.
Prices of concrete are higher now than they were before covid!!

https://guardian.ng/property/price-of-materials-skyrocket-amid-inflation/
>The increasing cost of cement, an important component for building construction has sent apprehension that prospective property developers may compromise quality in their projects.
(Nigeria - worldwide phenomenon of rising material costs - every central bank is printing)