Cement Network Weekly Report: Cement Price in Central South and Guangdong Local Markets Raised by 15 yuan/Ton (2.26-3.1)

2024-03-01 17:28:38

According to China Cement Market Data Center, the price of raw materials has risen recently, the cost of cement production has risen, and the price of cement in the local market of Guangdong and Guangxi has increased by 15 yuan/ton, which remains to be observed. Prices in the two lakes, Henan and other markets fluctuated little during the week.

According to China Cement Market Data Center, the price of raw materials has risen recently, the cost of cement production has risen, and the price of cement in the local market of Guangdong and Guangxi has increased by 15 yuan/ton, which remains to be observed. Prices in the two lakes, Henan and other markets fluctuated little during the week.

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Adani is also a big man in the Indian cement industry and is the second largest cement producer in India. He entered the industry in 2022 with the acquisition of Holcim's cement business in India, which acquired about 70 million tons of cement per year for $10.5 billion. Adani plans to expand its annual cement production capacity to 140 million tons by 2028. Adani has previously invested $1.6 billion to acquire Sanchi Cement and Penna Cement, and is expected to acquire an additional 21 million tons of production capacity.