According to the data center of China Cement Market, the price of cement in Northeast China is generally stable, the demand is stable, and the expectation of off-peak kiln shutdown is good.
Cement Network Weekly Report: Northeast Cement Demand Is Stable, Staggered Kiln Shutdown Is Expected to Be Good (6.24-6.28)
2024-06-28 17:09:41
According to the data center of China Cement Market, the price of cement in Northeast China is generally stable, the demand is stable, and the expectation of off-peak kiln shutdown is good.
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%
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.