Weekly Report of Cement Net: Notice of Cement Price Increase of 30-50 yuan/Ton (7.22-7.26) in Major Areas of North China, Central and South Hebei

2024-07-26 15:29:35

The main areas of central and southern Hebei have been notified to raise the price of cement by 30-50 yuan/ton. At present, the demand is general, and the implementation remains to be observed.

According to the market data of China Cement Net, the price of cement in the main areas of central and southern Hebei has been raised by 30-50 yuan/ton. At present, the demand is general, and the implementation remains to be observed. The market in Shanxi continues to fall. Inner Mongolia is relatively stable at present.

All can be viewed after purchase
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.