The New National Standard Will Be Implemented Soon, and the National Cement Market May Meet the "Rising Price Tide"

2024-05-23 15:19:32

The implementation of the new national standard may become an important opportunity for cement prices to rise.

The mandatory national standard GB 175-2023 General Portland Cement (hereinafter referred to as the "New National Standard for Cement") formulated by the

Ministry of Industry and Information Technology will be implemented on June 1 this year. In order to ensure the quality and quality of cement, the new national standard of

cement puts forward specific requirements on improving the strength of cement, refining the requirements of fineness, specifying the components and standardizing the types of admixture used, and all the clauses are enforced. Industry insiders

have analyzed that after the implementation of the new national standard, the production cost of cement in most enterprises will increase by 10-30 yuan. With the increase of

cement production cost and the pressure of enterprise operation, cement manufacturers will certainly raise the price of cement.

According to China Cement Network Market Data Center, since May 20, Jiangsu, Zhejiang, Guizhou, Liaoning, Hubei and other places have notified the increase of cement prices, ranging from 20 to 50 yuan, and the specific implementation remains to be observed. The implementation of

the new national standard may become an important opportunity for cement prices to rise.

It is understood that since this year, the contradiction between supply and demand of cement has intensified, the price has been declining all the way, and the profits of some manufacturers have fallen sharply or even lost money. With the implementation of the new national standard, the cost of cement production has increased, the space for price reduction has been reduced, or the price of cement has played a supporting role.

Actively promoting the upgrading of large-scale production equipment and actively promoting the energy-saving technological innovation and environmental protection upgrading and transformation of the cement industry have immeasurable strategic significance and practical effectiveness for enhancing the core competitiveness of cement enterprises and realizing the grand blueprint of sustainable development of the cement industry.

To this end, China Cement Network will hold the 11th China Cement Energy Conservation and Environmental Protection Technology Exchange Conference-Equipment Renewal Forum in Nanjing, Jiangsu Province on June 13-14 . This forum will gather government leaders, industry technical specialist, scientific research institutions, universities, cement enterprises and equipment suppliers to discuss and analyze the practical path of equipment renewal and green upgrading in the cement industry, so as to promote the industry to move towards a more energy-efficient, greener and environmentally friendly future.

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Correlation

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.