Cement Net News: Shaanxi Guanzhong Area Cement Price Notice Raised

2024-11-12 15:39:16

Shaanxi Guanzhong area cement price notice up 30 yuan/ton..

China Cement Net Market Data Center News: According to the market feedback, due to the remarkable effect of normal peak-staggering production and price implementation in the early stage, and the peak-staggering production plan for this winter was advanced to November 15 to March 15 of the next year. At the last peak of demand in the year, in order to improve the overall profit level, the cement enterprises in Guanzhong area of Shaanxi Province notified a price increase of 30 yuan/ton, and the specific implementation remains to be observed. (More Shaanxi cement prices )

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Correlation

CEMPI

133.77

+0.03 +0.02%

CONCPI

112.35

-0.15 -0.13%

CLKPI

141.57

+0.39 +0.28%

SPPI

50.58

-0.05 -0.10%

MORPI

80.53

+0.10 +0.12%

Subscribe 183 million shares! Conch Cement will become the second largest shareholder of Western Construction!

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.