According to the cement network market data center news, the poor recovery of market demand in Shaanxi, coupled with the impact of price reduction in surrounding areas, the recent loosening of cement prices in Yan'an , Shaanxi, fell by 10 yuan/ton.
Cement Network Weekly Report: Poor Recovery of Cement Demand in Northwest Shaanxi Market
2024-04-07 16:58:30
According to the cement market data center,
Correlation
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.