In June, the building materials segment experienced divergent price movements. Steel prices slipped in most regions of Peninsular Malaysia by 1.0%–3.1% MoM, with Pahang recording the steepest fall, while urban centres like Kuala Lumpur, Selangor, and Melaka bucked the trend with a minor 0.3%–0.4% increase. On a broader scale, unit prices of steel and metal sections dropped 0.2%–0.7% MoM, continuing a downward YOY trajectory marked by –5.1% to –15.5% declines .
By mid-June, early trading quotes in China showed a modest uptick of 10–30 yuan/mt, indicating slight upward sentiment, although market activity remained relatively subdued. Specifically, on June 18, most building materials saw small daily declines of 10–20 yuan/mt, pointing to mixed momentum across commodity grades .
Conversely, cement prices edged higher: unit indexes rose 0.1%–0.2% MoM across Malaysia, with YoY gains of 0.3%–3.7%, led by Johor (+3.7%) and Tawau (+3.6%). Reflecting India’s robust construction environment, cement volume grew 9% in May, with average bag prices up 8% to ₹360, underlining steady demand
