Cement Net Weekly Report: The terminal market demand in East China is bleak, and the concrete price is weak and stable (7.1-7.5)

2024-07-05 16:46:41

The terminal market demand is bleak, and the concrete price is weak and stable.

China Cement Net Market Data Center News: The terminal market demand is bleak, and the concrete price is weak and stable.. (More East China Commercial Concrete Prices)

& nbsp; Jiangsu, Zhejiang, Anhui and Shandong: The overall market in Jiangsu, Zhejiang and Shanghai is mainly weak and stable. Recently, the market demand in Jiangsu has not improved significantly, the shipment volume of enterprises is not good, the sales pressure of some enterprises is still high, and the price is weak. Influenced by factors such as high temperature weather after rain, the market demand in Zhejiang has remained basically stable, and the shipment volume of enterprises has remained around 6-7%. Some clinker lines have carried out peak staggering and kiln shutdown, and the pressure of raw material inventory has eased slightly. However, it is understood that raw materials will be increased by about 50 yuan/ton in the near future from the 5th. In terms of concrete prices, there was no significant change in local prices during the week.

Anhui and Shandong: After the rain weather in Anhui decreased, some projects under construction resumed, and the concrete shipment volume rebounded slightly. However, the impact of the current market capital problem is still there, and the demand for new projects in many places is insufficient, so it is expected that the concrete market will be stable and weak in the later period. Market demand is running in the off-season, coupled with the shortage of funds and other factors, in addition to some key projects in Shandong, the new start-up projects are relatively depressed, and the shipments of enterprises are poor.

Fujian: Recently, the weather in Fujian has improved slightly, but due to the traditional off-season in July-August, the terminal market demand has not rebounded significantly, and the prices of raw materials such as cement have generally fallen. The quotation of concrete enterprises in all parts of the province is mainly stable. In order to seize the off-season market share, some enterprises may show signs of loosening and declining prices.

Jiangxi: The market price of concrete in Jiangxi is generally stable in the near future, but the weak market demand has not been significantly improved. Early raw material cement push up the current situation has also been falling, concrete price support is not good, is expected to be more weak and stable in the short term.

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On November 21, the Western Construction (002302) issued a prospectus for issuing stocks to specific targets in 2021. The company plans to introduce Conch Cement as a strategic investor through this issue, and Conch Cement will subscribe for 183 million shares, accounting for 12.48% of the total equity after the issue, becoming the second largest shareholder. The purpose of this issue is to optimize the capital structure, supplement liquidity and repay bank loans, which is expected to bring the company an annual increase of 8.85 billion yuan in operating income and a total profit of 708 million yuan, up 38.71% and 78.23% respectively from 2023.