Selected | How did Ningxia become a "price depression" in Northwest China? Conch Cement won the mining right of limestone mine in Guangxi with 730 million yuan; Bahrain's cement consumption is about 1

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. How did Ningxia become a "price depression" in Northwest China? Where will it go? (Click on the title to view the full text)

The main reasons for the low price of cement in Ningxia are as follows: overcapacity, blocked export and fierce market competition. For the future market trend, Ningxia cement enterprises feel confused, price war, seize market share seems to be the only way out, but some enterprises said they would not easily participate.

2. Concrete: The projects were suspended one after another before the festival, and the terminal demand was gradually completed

. In January, there were more rainy and snowy weather in China, coupled with the approaching of the Spring Festival, the downstream construction activities were completed one after another, and the demand for concrete was further reduced. By the end of January, the National Concrete Price Index (CONCPI) closed at 124.14 points, down 0.52% from the end of December and 11.39% from the same period last year.

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173 million! Take the conch cement!

On January 25, Fusui Xinning Conch Cement won the mining right of a limestone mine in Chongzuo, Guangxi with 729.9 million yuan. The mining area covers an area of 2.1666 square kilometers, and the amount of limestone resources is 29.8058 million tons. It is planned to be sold for 30 years, with an annual output of 9.8 million tons. With the increasingly fierce competition in the cement industry, having stable mine resources can enhance the competitiveness of enterprises and make them have more strategic advantages for long-term development.

2. Bahrain's cement consumption in 2023 is 1 million tons

. According to the Bahrain National Daily on January 27, Bahrain's cement consumption remained stable in 2023, with cement consumption of about 1 million tons. Bahrain relies on imports from Saudi Arabia for about 35% of its cement, with 55% produced by local companies, Mr Faisel said. Although the rise in Saudi diesel prices has led to a 1% to 2% increase in Saudi company costs, it has not yet had an impact on Bahraini cement prices .

The 3. exceeds 300 million yuan! Nanning Hongshi Cement won the mining right

of a cement limestone mine in Guangxi. Recently, the result of the transfer of the mining right of the cement limestone mine in the southwest section of the Gongjishan mining area in Wuming District of Nanning City was announced. Nanning Hongshi Cement won the mining right of the mine with a 30050 of 10,000 yuan. Resource reserves of the mine: the total estimated probable resources and inferred resources of limestone ore for cement within the proposed mining area is 18266 7900 tons.

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Guizhou Development and Reform Commission issued a list of 2000 key private investment projects in 2024, including comprehensive utilization of cement, gypsum and fly ash resources.

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