Weekly Report of Cement Net: Insufficient Market Demand in Northeast China, Lack of Price Increase Conditions for Concrete (4.08-4.12)

2024-04-12 15:46:04

The market demand is insufficient, and concrete lacks the conditions for price increase.

China Cement Net Market Data Center News: The market demand is insufficient, the concrete lacks the condition to rise in price. The overall demand

in Jilin Province did not recover well, the price of raw materials failed to rise in the early stage, and the market price of concrete did not improve. The recovery of market demand in other regions is general, and the overall price of concrete in the Northeast market is stable and small.

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Correlation

Weekly Report of Cement Net: Insufficient Market Demand in Northeast China, Lack of Price Increase Conditions for Concrete (4.08-4.12)

The market demand is insufficient, and concrete lacks the conditions for price increase.

2024-04-12 15:46:04

CEMPI

102.3

+0.13 +0.13%

CONCPI

92.33

-0.57 -0.61%

CLKPI

105.09

+1.12 +1.08%

SPPI

44.88

0.00 0.00%

MORPI

75.16

-0.30 -0.40%

Cement net comments: Shangfeng cement building materials main business profitability is strong, equity investment business development and growth!

In the first half of 2025, Shangfeng Cement achieved an operating income of 2.272 billion yuan, a year-on-year decrease of 5.02%; net profit attributable to parent company of 247 million yuan, a year-on-year increase of 44.53%.