OTCPK:PILBF - Post by User
Post by
aggmanon Nov 05, 2015 6:38am
93 Views
Post# 24260789
US Concrete Q3 - aggregate pricing +12.5%
US Concrete Q3 - aggregate pricing +12.5%Aggregate Products average sale price improved 12.5% to $10.56 per ton.
A further interpretation from how The Wall Street read Martin Marietta - was a little softening in Texas and energy markets.
If we believe this, as USCR have a major exposure to Texas - then probably more of the price increase is comming from California, i.e. North California.
Ready Mix Concrete Average selling price up at $125.10 per cubic yard - up 12.6%
maybe hard to interpret the volume step ups as this business is an active acquirer - and i dont think this is necessarily a like for like comparison.
Indicates to me Californian pricing improvement has been solid and "As we look forward , we are encouraged by our prospects for further improvement as we continue to advance our long-term growth strategy".