Weekly Report of Cement Net: In the rainy weather in East China, the demand is weakened, and the overall price of concrete is mainly weak (3.25-3.29)

2024-03-29 14:46:19

Rainy weather, demand weakened, the overall price of concrete is mainly weak..

China Cement Net Market Data Center News: Overcast and rainy weather, demand weakened, concrete prices are mainly weak as a whole.. (more East China commercial mixed prices )

Jiangsu, Zhejiang and Shanghai market demand has improved, and the basic recovery of mixing station shipments is better. The overall market is stable and small. Affected by the overcast and rainy weather, the construction progress of construction sites in Anhui has slowed down, the market demand has declined, and the market is running steadily and weakly.

Recently , the concrete market in Fujian is still warming up, so the shipment volume of concrete enterprises has rebounded, but there are fewer new projects to start, the problem of oversupply among industries is still fierce, and the concrete market is still weak. Jiangxi market prices are generally stable and demand is weak as a whole. Prices in Shandong have not changed significantly this week, and demand is gradually warming up.

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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.