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1. The price of cement in Hunan will continue to be raised (click on the title to view the full text).
Since the 26th, various regions in Hunan have been notified to raise the price of cement by 20 yuan/ton again, and the implementation of this increase remains to be observed.
2. The price of cement in Henan will continue to rise
. Since the 25th, we have tried to raise the price of cement by 30 yuan/ton again, and the specific implementation remains to be observed. From the overall market feedback, on the eve of the current round of push up, the actual transaction prices of some enterprises in the province showed signs of loosening and declining by 10-20 yuan/ton, and even fell back to the pre-rise level for some markets.
3. Weak demand for cement enterprises in some areas of Jiangsu Province to stop falling
, "even if the price rises, there is still no market, it is difficult to put in place." A local industry insider in Jiangsu told China Cement Network, "Although the price of cement in Suzhou has risen by 20 yuan per ton, the price of cement in Suzhou has basically not moved." Another cement company said that even if the 20 yuan increase can not be fully landed, at least it can play a role in stopping the fall.
In addition, it is reported that Shanghai has pushed up the price of cement by 20 yuan/ton since October 24th. A cement company in Jiangsu said that if this round of price increases in Shanghai can be landed, the possibility of pushing up the price of cement in Jiangsu will also increase.
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to implement regional policies. He believes that in the past, the integration of mergers and acquisitions was mostly carried out with cement enterprises as the main body, forming many large cross-regional group enterprises, but the production capacity in the region is still relatively dispersed. Later, central enterprises, state-owned enterprises and private enterprises can be United to promote the integration and merger of cement enterprises of different nature in the same region and improve market concentration.
. Tapai Group said on October 25 that the fourth quarter is the traditional peak season, and the current peak season situation is not obvious. The current weather conditions are good, and the shipment volume has increased compared with September, but it has not yet reached the level of the peak period in previous years. The sales price of cement is still relatively stable at present, and it is expected that the price of cement will stabilize and rebound under the background of rising coal prices.
. On October 25, 2023, Ningxia Building Materials disclosed its report for the third quarter of 2023. In the first three quarters, the company achieved revenue of 7.488 billion yuan, representing a year-on-year increase of 15.73%; Net profit was 292 million yuan, down 51.24% year on year.
; revenue of Tianshan Shares for the first three quarters of 2023 was RMB80.387 billion, representing a year-on-year decrease of 18.5%; net profit was approximately RMB50.85 million, representing a year-on-year decrease of 98.75%. The company sells cement, clinker, commercial mix and aggregate in different situations, and the cost decreases, but the sales price decreases, which affects the operating efficiency. The company insists on making steady progress, promoting all kinds of work and maintaining strategic strength.
from the same period last year. Shangfeng Cement announced its third quarter results on the evening of October 25 that its revenue for the first three quarters of 2023 was about 4.877 billion yuan, down 5.54% from the same period last year; Net profit attributable to shareholders of listed companies was about 701 million yuan, a decrease of 17.21% over the same period last year. Shangfeng Cement said that during the reporting period, the scale of building materials business increased steadily, and price reduction affected profitability.
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