Cement prices in northeast Chongqing go down

2024-07-23 17:20:10

In the middle ten days, some enterprises in the northeast of Chongqing lowered the price of cement by 20-30 yuan/ton, and in recent days, other enterprises in the region have followed up with a reduction of 20-30 yuan/ton.

China Cement Network Market Data Center News: According to market feedback, the market off-season, demand and sales downturn, coupled with the impact of price cuts in the surrounding market, the sales pressure of enterprises in the northeast of Chongqing is greater. In order to maintain the market share, in the middle of the year, some enterprises in the northeast of Chongqing lowered the cement price by 20-30 yuan/ton, and in recent days, other enterprises in the region have followed up with a reduction of about 20-30 yuan/ton. In addition, cement prices in the main urban areas continue to show signs of loosening. At present, the market is chaotic, and the specific situation needs to be tracked. (More Chongqing cement prices )

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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.