Cement Network Weekly Report: Weak and Stable Operation of Southwest Concrete Market (3.17-3.21)

2025-03-21 17:09:38

Weak and stable operation of concrete market in southwest China

China Cement Net Market Data Center News: The concrete market in southwest China is weak and stable (more prices of commercial concrete in southwest China)

Sichuan: The market price in Sichuan is weak and stable, and the concrete cost support and weak demand continue to play a game. Subsequent price execution may leave room for further correction.

Chongqing: The concrete market in Chongqing continued to be weak, the market demand recovered slowly, and the price continued to be under pressure. In the short term, demand side support is insufficient, and prices are still under downward pressure. The follow-up trend needs to pay close attention to the progress of downstream projects and the availability of funds. If the demand side gradually warms up, the market is expected to stabilize and repair.

Yunnan: The commencement of construction sites and mixing stations in Yunnan is not satisfactory, and the overall market demand is mainly stable in the early stage of recovery.

Guizhou: The concrete market in Guizhou remained relatively stable, but prices in some regions fluctuated slightly due to factors such as weather, financial conditions and fluctuations in raw material prices. On the whole, the market demand is still weak and the competition among enterprises is still fierce.

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Weak and stable operation of concrete market in southwest China

2025-03-21 17:09:38

In accordance with the relevant provisions of the Detailed Rules for the Implementation of the Pre-reorganisation of the Intermediate People's Court of Changchun City, Jilin Province (for Trial Implementation), during the period of pre-reorganisation, the Company and some of its subsidiaries subject to pre-reorganisation shall not pay off their debts except for the necessary expenses for the continued operation of the enterprise and the maintenance of its operating value. As at the date of this announcement, the principal and interest of overdue debts of the Company and its subsidiaries amounted to RMB6.959 billion, representing 1,124.30% of the latest audited net assets attributable to the parent company of the Company.