Recently, Shangfeng Cement has been investigated by institutions. The details of the market are as follows:
Q: Fourth quarter performance forecast and price outlook?
Answer: The fourth quarter is the traditional peak season of the cement industry. Recently, the prices of cement products in various regions have risen in turn. The prices in East China began to rise again in September, and the prices in Southwest China have also risen again recently. Northwest China, especially Xinjiang, has maintained a good level of profitability in recent years. The company has production bases in Bole and Wusu in Xinjiang. At the beginning of this year, it also acquired Xinjiang Bohai Cement in conjunction with Tianshan Stock Company. It has a clinker cement production line with a daily output of 5500 tons and a supporting cement grinding production line with an annual output of 2 million tons.
From the recent market situation, the overall cement industry in the fourth quarter has a better expectation, the company has certain advantages in cost control and other aspects, will better benefit from the current round of price recovery and the impact of the rising boom stage.
Ask: Please tell me the reason for the price increase in the fourth quarter in East China?
Answer: At present, northern cement is about to enter the winter break, while East China has entered the traditional peak season, and the contradiction between supply and demand has been alleviated. Under the overall background of the pressure of industry operation, cement enterprises generally have the demand to avoid vicious "involution" and improve profits. In addition, with the continuous support of policies such as national special debt and debt conversion, the price of cement in East China regional market is expected to recover and rise gradually. Please pay attention to the recent price changes.
Ask: Does the company have a forecast for the cement price next year?
Answer: The price of cement next year depends on the overall supply and demand pattern and market changes. In recent years, the cement industry has experienced a sharp downward price trend, which has led to the general loss of enterprises in the industry. At the same time, combined with the implementation of the national policy on the replacement of the cement industry and the policy support for the development of the western region, the contradiction between supply and demand in some regions is expected to ease next year, the market is expected to recover from the bottom, and the price of products will be relatively stable in the upward stage of prosperity.
Ask: What is the duration of the future rise of cement prices in the main areas of the company?
Answer: With the arrival of the peak season, the price of cement in the region where the Company's main base is located is gradually recovering, and the price of the Company's products is also following the market. In addition to the northwest and other regions that will gradually enter the winter break, the demand and prosperity in the fourth quarter in East China and other regions are relatively good, and the price is steadily rising in the near future, and will be more stable than previous period in the medium term.
