Weekly Report of Cement Net: Driven by the Rising Price of Raw Materials, the Price of Concrete in the Central South Market Is Steady and Small (8.12-8.16)

2024-08-16 17:03:31

Driven by the rising price of raw materials, the price of concrete in the central and southern markets is stable and small..

China Cement Net Market Data Center News: Driven by the rising price of raw materials, the price of concrete in the central and southern markets is stable and small.. (More mixed prices in the central and southern markets)

Guangdong and Guangxi: This week, many places in Guangdong and Guangxi are affected by heavy rain. The construction progress of some projects was limited again, and the shipment volume of enterprises was low, which once again undermined the confidence of local commercial mixed enterprises in raising prices. At the same time, cement prices in some areas of Guangxi have recently shown signs of decline, and the market may have downward pressure. In terms of price, the mainstream price of C30 non-pumping in Nanning, Liuzhou and other places is about 240-260 yuan per square meter. The price of concrete in Guangdong continued to decline slightly in the early stage, and the quotation in the week was mainly stable.

Two lakes area: The price of raw material cement in Hunan area has been notified to rise by 50 yuan/ton recently, and the overall market has stopped kilns for 16 days. Affected by the rising price of raw materials, the production cost of concrete has increased, and the price of concrete in some areas has increased by about 20 yuan per square meter. At present, the price of C30 non-pumping tax in Hunan is basically maintained at about 310-360 yuan/cubic meter. The overall demand in Hubei is weak, the price is at the bottom, and the overall market is weak. The concrete market

in Henan has not changed much this week, and the overall market demand has not shown obvious signs of improvement.

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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.