Cement in Guangdong and Guangxi is already a "major threat" in Hainan?

2024-04-26 11:59:40

Some manufacturers hold a pessimistic attitude, believing that the low-cost cement in Guangdong and Guangxi is already a "major threat" to the Hainan market.

Recently, according to the information from China Cement Market Data Center, leading enterprises in Hainan Island have successively notified to raise .

However, the company's overall production and sales performance in the first quarter of this year was still unsatisfactory, down 12 compared with the same period last year.

The company 's cement sales in the first quarter decreased by 150000 tons compared with the same period last year.

Looking at the whole Hainan market, the demand has been declining for more than two years, and the demand in the first year of 2024 has not shown obvious signs of recovery. According to the big data of China Cement Network, the cement output in Hainan in the first quarter of 2024 is relatively low nationwide. Cement output from January to March was 2.9552 million tons, down 6.

in Hainan said, "If Guangdong and Guangxi continue to fight in chaos, how can Hainan be alone?"? A person in the cement industry

in Changjiang further pointed out: "The low-priced cement from Guangdong and Guangxi has a great impact on the Hainan market." As a result, the market share of local cement enterprises has been shrinking and the price of cement is difficult to maintain. Some manufacturers are pessimistic about the implementation of

this round of cement price increase, believing that the low-cost cement in Guangdong and Guangxi is already a "major threat" to the Hainan market.

Especially in Guangxi, As Hainan Cement

city of Danzhou also expressed concern about its future performance, predicting that this year's profits would be much lower than last year's.

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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.