Cement Net News: Cement Prices in Northeast China Are Notified to Rise Sharply Again

2024-08-22 17:27:18

On the 22nd, major cement enterprises in Heilongjiang and Jilin provinces again notified an increase in cement prices by 50-100 yuan/ton.

China Cement Network Market Data Center News: According to market feedback, the end of the month in the northeast region will continue to implement staggered peak kiln to ease the market supply and demand. In addition, the ex-factory price of cement from some manufacturers has been loosened in the early stage. In order to stabilize the price, the major cement enterprises in Heilongjiang and Jilin provinces have again notified to raise the price of cement by 50-100 yuan/ton since the 22nd. It is reported that the Liaozhong region is dominated by low-price enterprises. Affected by the rainy weather, the current market demand is limited, and the actual implementation needs to be followed up and observed. (More Northeast Cement Prices)

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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.