Concrete Weekly Report: Weak Recovery of Commercial Concrete Market in Northwest China Under Pressure

2025-04-14 13:31:09

At present, the concrete market in Northwest China maintains a weak recovery trend, the overall demand is limited by the resumption of infrastructure projects, the housing construction downturn and financial pressure are still the main constraints, and the market price continues to be stable and weak.

At present, the concrete market in Northwest China maintains a weak recovery trend, the overall demand is limited by the resumption of infrastructure projects, the housing construction downturn and financial pressure are still the main constraints, and the market price continues to be stable and weak. Although

Gansu and Ningxia tried to push up the transmission cost pressure through cement, concrete enterprises generally operated secretly to reduce and guarantee the volume due to insufficient downstream receiving volume, and the actual transaction price was still low and volatile. Guanzhong region of Shaanxi relied on key projects to maintain a stable price center, but the capacity utilization rate was generally lower than 50%; Xinjiang's market is suppressed by overcapacity in southern Xinjiang, and the increase in infrastructure construction has limited boost to prices. The short-term market is still facing a situation of weak supply and demand.

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At present, the concrete market in Northwest China maintains a weak recovery trend, the overall demand is limited by the resumption of infrastructure projects, the housing construction downturn and financial pressure are still the main constraints, and the market price continues to be stable and weak.

2025-04-14 13:31:09

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.