On April 27, the Department of Economy and Information Technology of Zhejiang Province issued the Notice on the Detailed Rules for the Implementation of Capacity Replacement in Some Industries with Serious Overcapacity in Zhejiang Province. The replacement ratio of withdrawal capacity and construction capacity of general cement clinker is not less than 2:1, which will be implemented from June 1, 2023.
On April 27, the Department of Economy and Information Technology of Zhejiang Province issued the Notice on the Detailed Rules for the Implementation of Capacity Replacement in Some Industries with Serious Overcapacity in Zhejiang Province. The replacement ratio of withdrawal capacity and construction capacity of general cement clinker is not less than 2:1, which will be implemented from June 1, 2023.
The notice is as follows:
[Interpretation of One Picture] | Detailed Rules for
On April 27, the Department of Economy and Information Technology of Zhejiang Province issued the Notice on the Detailed Rules for the Implementation of Capacity Replacement in Some Industries with Serious Overcapacity in Zhejiang Province. The replacement ratio of withdrawal capacity and construction capacity of general cement clinker is not less than 2:1, which will be implemented from June 1, 2023.
2023-04-28 10:02:57
CEMPI
91.96
+0.02 +0.02%
CONCPI
86.60
-0.31 -0.36%
CLKPI
96.35
-0.10 -0.10%
SPPI
41.07
0.00 0.00%
MORPI
71.85
-0.41 -0.57%
The cement industry is waiting for the possibility of supply-side liquidation and "re-pricing" in the general loss, while the commercial mixed industry is speeding up shuffling in the shrinking income and the deterioration of repayment. Who can survive this round depends no longer on production capacity, but on capital and account books.
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