Selected | Xinjiang, Jiangsu cement prices fell; Cement big data prediction center officially launched; China Tianrui Cement completed enterprise restructuring

< Market Overview & gt;

. With fierce competition and declining demand, cement prices in many places in Xinjiang have fallen ( click the title to view the full text). Recently

, cement prices in Kezhou, Kashgar, Tacheng and other places in Xinjiang have fallen. According to feedback from local industry insiders, in the fourth quarter, some enterprises failed to complete sales tasks in previous quarters, in order to increase sales and reduce prices. At the same time, the implementation of peak staggering in some enterprises is not good, which disrupts the market and leads to a price war among enterprises.

2. The market competition is fierce, and the situation of excess supply of cement in Jiangsu is difficult to reverse

. Recently, the demand in Jiangsu is general, and the sales volume is still maintained at the original level. In terms of cement price, the price of cement in Xuzhou was raised by 10 yuan/ton last week, while the quotation in other areas was temporarily stable. In addition, there is news that the Yangtze River Delta region will usher in a new round of cement and clinker prices around the middle of the year. Generally speaking, there is limited room for the increase of cement market demand in Jiangsu in the future, and due to the relatively open market area, the external inflow of cement has a greater impact on the local market, and the overall oversupply situation in the market is still difficult to reverse in the short term.

<; Today's Focus >;

1. New Plate | Cement Big Data Prediction Center was officially launched

in December 2023. China Cement Network Cement Big Data Research Institute officially launched the "Cement Big Data-Prediction Center (https://data.ccement.com/finance/Forecast/board)", which is based on a complex algorithm system combining neural networks with ARIMA and other methods. Automatically predict the price, output and demand of building materials products in the cement industry chain. The first edition of this issue includes the forecast of cement prices in the next 1 to 4 weeks in six regions of China, Hebei, Jiangsu, Anhui, Shandong and Guangdong.

2. The controlling shareholder of China Tianrui Cement has completed the enterprise reorganization

. China Tianrui Cement recently announced that the enterprise reorganization was completed on December 8, 2023. Corporate restructuring aims to simplify the shareholding structure of controlling shareholders. Pursuant to the Corporate Restructuring, Li Liufa and his wife Li Fengxuan remain the ultimate beneficial owners of Yu Kuo, the controlling shareholder of the Company. In September and November

this year, the State Administration of Market Supervision and Administration announced two cases of concrete monopoly in Jinsha County, Guizhou Province and Hangzhou City, Zhejiang Province, with 25 enterprises involved being fined up to 180 million yuan. Once again, the building materials industry, including concrete, has sounded the alarm of anti-monopoly compliance.

4. Three cement enterprises are to be included in the list

of green factories in Guizhou Province. On December 11, the Guizhou Provincial Office of Industry and Information Technology issued the "Announcement of Green Manufacturing List in Guizhou Province in 2023". Guizhou Tianchen Sanjiang Building Materials Co., Ltd., Zheng'an Southwest Cement Co., Ltd. and Guizhou Dushan Shangfeng Cement Co., Ltd. were selected.

All can be viewed after purchase