Cement Net Weekly Report: Northeast Concrete Market Performance Is Relatively Stable, Demand Constraints Raw Materials Push Up, Implementation Is Insufficient (8.26-8.30)

2024-08-30 17:12:18

The performance of the concrete market in Northeast China is relatively stable, and the demand restricts the implementation of raw materials.

China Cement Net Market Data Center News: Northeast concrete market performance is relatively stable, demand constraints raw materials push up the implementation of insufficient (more Northeast commercial mixed prices)

Last week, the cement market in Northeast China experienced a round of attempts to push up prices. However, the overall market demand performance is obviously insufficient. Due to the weakness of the demand side, most regions are facing the dilemma that the price increase can not be fully implemented. In such a market environment, the price of concrete is also limited by demand and maintained at a relatively stable level.

All can be viewed after purchase
Correlation

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.