Cement Net News: Notice of Cement Price Increase in Several Areas of Shaanxi

2024-11-14 14:30:46

Shaanxi Shangluo 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 and Hanzhong areas of Shaanxi Province notified the price increase, and today Shangluo also notified the price increase of 30 yuan/ton, which is expected to spread throughout the province. Specific implementation to be observed.. (more Shaanxi cement prices )

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Correlation

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.