Cement network exclusive: sales of a brother! Conch Cement sold more than 20 million tons of Tianshan shares in the first half of the year.

2024-09-06 13:11:58

According to the data, in the first half of 2024, Tianshan sold 94.44 million tons of cement, down 11.68% year on year; sold 11.59 million tons of clinker, down 21.30% year on year; and sold 106 million tons of cement and clinker. Looking at Conch Cement, in the first half of 2024, the total net sales volume of cement and clinker was 128 million tons, representing a year-on-year decrease of 4.94%; the sales volume of cement clinker products was 126 million tons, representing a year-on-year decrease of 3.35%.

The semi-annual report shows that in the first half of 2024, Tianshan sold 94.44 million tons of cement, down 11.68% year on year; sold 11.59 million tons of clinker , down 21.30% year on year; and sold 106 million tons of cement and clinker.

Looking at Conch Cement , in the first half of 2024, the total net sales volume of cement and clinker was 128 million tons, representing a year-on-year decrease of 4.94%; the sales volume of cement clinker products was 126 million tons, representing a year-on-year decrease of 3.35%. The sales volume

of Conch Cement's cement clinker products exceeded the total sales volume of Tianshan Cement and clinker by 20 million tons. Based

on the whole country (excluding the overseas part), in the first half of 2024, the share of Conch Cement was 12.51%, which was 0.55 percentage points higher than last year.

(Note: The market share of Conch Cement is based on the whole country, and the sales volume of cement in the table has excluded the overseas part)

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Correlation

Near the end of the year, the domestic concrete market demand continued to weaken, the cost support declined compared with the previous period, and the price of concrete in many places declined steadily. From December 19 to December 25, the national concrete price index closed at 111.39 points, down 0.80% annually and 10.97% year-on-year.