Cement Net News: Notice of Cement Price Increase in Eastern Hubei

2024-10-24 14:00:21

Since the 23rd, enterprises in Wuhan and surrounding eastern Hubei have once again notified an increase in the price of bulk cement by 50 yuan/ton and bagged cement by 30 yuan/ton.

China Cement Net Market Data Center News: According to market feedback, the cost of cement production in Hubei has been rising due to the continuous rise in raw material prices recently. In addition, under the influence of the traditional peak season of golden nine and silver ten, enterprises have a strong willingness to raise prices. Affected by this, on the 23rd, enterprises in Wuhan and surrounding eastern Hubei again notified an increase in the price of bulk cement by 50 yuan/ton and bagged cement by 30 yuan/ton. At present, the overall demand is still poor, and the specific implementation remains to be observed. .. (more Hubei cement prices )

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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.