Selected | Jiangsu Cement Price Declines, Guangxi Increases; Conch Cement Participates in the Establishment of 15 Billion Fund to Invest in New Material Industry; China Building Materials 40 Million Tons of Aggregate Project Starts Production This Year

2024-02-20 14:52:09

The price of cement in Jiangsu declined and the price of bagged cement in Guangxi increased; Conch Cement participated in the establishment of a 15 billion fund to invest in the new material industry; CNBM's 40 million tons of aggregate project was put into operation this year; Shandong Linyi and Kangding Paomashan cement assets were auctioned.

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. After the Spring Festival holidays, cement prices in Jiangsu have declined ( click on the title to see the full text). The actual transaction prices of major manufacturers in Nantong

have fallen by about 20-40 yuan/ton. In addition, it is reported that the main manufacturers in Xuzhou plan to reduce the price of P.O52.5 cement by about 30 yuan/ton.

2. The price of bagged cement in Guangxi has been raised

by 20 yuan/ton since 17 days, and the price of clinker in some enterprises has been raised by 20-30 yuan/ton. In addition, leading enterprises plan to follow up after the Lantern Festival to raise the price of bulk cement by 20 yuan/ton.

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115 million funds in place! China Building Materials Co., Ltd., Conch Cement Co., Ltd., Shangfeng Co., Ltd. and other partners have

recently issued the Announcement on the Completion of the Initial Fund Raising of the Industrial Investment Fund Participated in the Establishment of Conch Cement Co., Ltd. The industrial investment fund with an initial scale of 15 billion yuan has been raised, of which 1.6 billion yuan has been subscribed by Conch. The fund will focus on investing in the new material industry, properly invest in the related fields of industrial transformation and upgrading, focus on supporting the development of enterprises in the growth and maturity stages, and focus on docking with strategic emerging industries in Anhui Province.

2. Investment exceeds 10 billion! Annual output of 40 million tons! On January 22, 2024, the largest single building material project in China was put into operation

this year, and the annual output of 40 million tons of aggregate project of Chizhou China Building Material New Material Company entered the stage of equipment entry. The successful entry of the equipment indicates that the project will enter the equipment installation stage from the civil engineering stage, which lays a good foundation for the project to be put into operation in the first half of this year as planned.

3. Shandong Linyi Yizhou Cement Assets Auction

Recently, Shandong Linyi Yizhou Cement issued an announcement to auction its assets: clinker production line, cement grinding production line and all ancillary equipment, steel structure material shed, steel plate silo demolition and sale (a batch of spare parts are packaged for sale). The initial bidding price is 31.25 million yuan; the initial bidding price is 17.75 million yuan for all the equipment, steel structure material shed, steel plate silo in the east and west plant areas of the vertical kiln production line, Fudi building ceramic production line and part of the auxiliary equipment facilities to be dismantled and sold out.

4. The starting price is 256 million! Kangding Paomashan Cement 2500t/d clinker line and supporting facilities will be auctioned

recently, Kangding Paomashan Cement Co., Ltd. will auction the whole set of cement production line and supporting buildings and structures, including supporting machinery and equipment, buildings and structures, cement production line related facilities and equipment, etc. The starting price is 256,271,369 yuan. The production line was completed and put into operation in May 2020, and has been shut down due to lack of self-owned mines and raw materials.

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Correlation

Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.