According to the data center of China Cement Network, the market demand in the two lakes and Henan is not good, and the price of cement in some markets has fallen by 10-20 yuan/ton in the week. Due to the dry season of Xijiang River in Guangdong, the entry of foreign cement has decreased, and enterprises in Zhanjiang and Maoming have tentatively raised the price of cement by 10 yuan/ton.
According to the data center of China Cement Network, the market demand in the two lakes and Henan is not good, and the price of cement in some markets has fallen by 10-20 yuan/ton in the week. Due to the dry season of Xijiang River in Guangdong, the entry of foreign cement has decreased, and enterprises in Zhanjiang and Maoming have tentatively raised the price of cement by 10 yuan/ton.
CEMPI
133.77
+0.03 +0.02%
CONCPI
112.35
-0.15 -0.13%
CLKPI
141.57
+0.39 +0.28%
SPPI
50.58
-0.05 -0.10%
MORPI
80.53
+0.10 +0.12%
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.
