Weekly Report of Cement Network: Affected by Rainfall in Central and South China, Demand for Cement in Two Lakes Declines (6.17-6.21)

2024-06-21 16:03:50

According to the cement network market data center news, this week, cement prices in Guangxi have stabilized after rising, and the actual implementation range in Guangdong and Hainan has narrowed.

According to the cement network market data center news, this week, cement prices in Guangxi have stabilized after rising , and the actual implementation range in Guangdong and Hainan has narrowed. This week, the Guangxi region began the second round of the month to push up the price of cement around 30-40 yuan/ton, and the price of cement in Guangdong was mixed. Affected by the rainy weather, the demand in the two lakes region has generally declined, and this week is dominated by stable prices.

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Correlation

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%

Subscribe 183 million shares! Conch Cement will become the second largest shareholder of Western Construction!

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.