Weekly Report of Cement Net: Market Demand Weakens, Prices of Commercial Mixtures in Northwest China Stabilize (11.4-11.8)

2024-11-08 17:02:18

China Cement Net Market Data Center News: The market demand has weakened, and the price of commercial mixing in the northwest region has stabilized.

China Cement Net Market Data Center News: The market demand is weakening, and the price of commercial mixing in Northwest China is mainly stable.. (More prices of commercial mixing in Northwest China)

In winter, the market demand in Northwest China is relatively low, but the quotations of major manufacturers are mainly stable. At present, some projects in Shaanxi and Gansu are rushing to work, the market has entered the final demand period, and the price of concrete has stabilized. Affected by low temperature weather in Ningxia, Qinghai and Xinjiang, construction sites have been shut down one after another, demand has declined, some cement enterprises have begun to implement winter peak staggering production, and the quotations of leading enterprises around the country have not fluctuated significantly.


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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.