On the 15th, leading enterprises in northeastern Chongqing notified an increase in cement prices by 30 yuan/ton.
China Cement Network Market Data Center News: According to market feedback, the recent implementation of off-peak production in northeastern Chongqing, the supply side has been reduced. In addition, driven by the rising prices in the surrounding areas, the leading enterprises in Northeast Chongqing notified an increase of 30 yuan/ton in cement prices on the 15th, and the implementation of this increase remains to be observed. (More Chongqing cement prices )
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%
Adani is also a big man in the Indian cement industry and is the second largest cement producer in India. He entered the industry in 2022 with the acquisition of Holcim's cement business in India, which acquired about 70 million tons of cement per year for $10.5 billion. Adani plans to expand its annual cement production capacity to 140 million tons by 2028. Adani has previously invested $1.6 billion to acquire Sanchi Cement and Penna Cement, and is expected to acquire an additional 21 million tons of production capacity.
