[编译]马来西亚水泥价格暴涨40%的真相竟是?

2019-06-27 11:18:18

2019年6月中旬,马来西亚水泥和混凝土突然宣布涨价40%,引起市场恐慌。政府已介入……

  近期,马来西亚竞争委员会(Malaysia Competition Commission)表示将格外关注水泥行业。委员会表示,已注意到水泥和混凝土生产商最近的价格上涨,并且已经和贸易和消费者事务部(Ministry of Domestic Trade and Consumer Affairs)合作。另外,委员会还表示,它很清楚最近YTL和拉法基的合并,这导致市场在上游和下游更加集中。

  发生这种状况的背景是,2019年6月中旬,至少有一家未具名的水泥生产商宣布涨价40%,导致终端用户惊慌失措,当地媒体报道了此事。马来西亚水泥混凝土协会在被问询此事时,曾为价格上涨进行了辩护,原因是各种各样的投入成本不断上升。公平地说,马来西亚竞争委员会在2017年发布的一份报告中承认,由于投入成本该行业面临价格压力。

  目前,政府已经参与其中,贸易和消费者事务的负责人表示,生产商已经同意不提价,任何未来的计划价格调整都将首先与监管层面“讨论”,让局势稳定了下来。随后,马来西亚财政部长林冠英呼吁对马来西亚东部的价格开展调查,以确定是否类似卡特尔的行为导致砂劳越水泥价格上涨。他指出,该州的价格“明显”高于马来西亚半岛。作为回应,CMS水泥首席执行官苏莱曼直接回击了这一说法,他指责马来西亚半岛的行业并购,并表示公司近期没有涨价计划。苏莱曼提到,对马来西亚半岛和砂劳越之间价格差异的任何潜在调查,都将表明这家水泥生产商自2016年初以来没有提价。“我们欢迎调查有两个原因,首先这将表明,价格差异纯粹是由于最近激烈的价格战,这也导致了在马来西亚半岛的行业并购”,苏莱曼说,“其次,这种性质的调查也将一劳永逸地表明,砂劳越不是,也从未是水泥行业的垄断者。”

  正如马来西亚竞争委员会善意指出的那样,在拉法基豪瑞将其在当地的子公司剥离给YTL大约一个月后,整个风波就发生了。该委员会同意YTL收购马来西亚拉法基,它清楚YTL将拥有马来西亚逾一半的产能。考虑到这一点,委员会在面对哪怕是一点点市场不当行为时,想表现得强硬一点不管这种行为是否真实存在,并不令人意外。

  正如马来西亚竞争委员会在其声明中所暗示的那样,当地水泥行业产能过剩。此外,自2015年以来,国内需求一直在萎缩。根据最新数据,马来西亚全国拥有11家综合水泥厂,产能达2710万吨/年。2015年产量达到2470万吨的高点,2017年下降至1880万吨。马来西亚水泥和混凝土协会的数据展示了一个更坏的局面,如果将综合粉磨能力考虑进去,2016年的行业产能利用率仅为59%。2018年底,拉法基马来西亚收入下降,税前亏损9770万美元。不久之后,拉法基宣布将退出该国以及邻国新加坡的水泥市场。

  理论上,YTL的收购本应能解决马来西亚产能过剩问题,因为它要么通过合并两家公司获得协同效应,要么关闭部分工厂。当然,这一体系似乎在一定程度上发挥了作用,因为拟议的40%的价格上涨并没有发生。然而,如果政府是对选民而不是市场做出反应,它可能无限期地延长产能和需求缺口。在这种情况下,拉法基退出东南亚的决定可能是有先见之明的。

All can be viewed after purchase
Correlation

According to China Cement Network Market Data Center, driven by the policy of stopping kilns in the cement market in Northeast China, cement prices in Liaoning and Jilin have risen, while in Heilongjiang, due to the small price impact in the early stage, they have not followed the rise this time.

2025-04-25 16:44:28

It is reported that the green certificate is an electronic certificate with a unique identification code issued for renewable energy green power, and one green certificate unit corresponds to 1000 kilowatt-hours of renewable energy.

2025-04-25 14:54:47

In 2025, the cement industry in Saudi Arabia is in good shape. Companies are optimistic that domestic demand is expected to grow, supported by the "Vision 2030" project and increased government spending. Exports are expanding rapidly, while the production side is expanding cautiously. Saudi Cement's performance in 2024 has significantly strengthened its optimistic stance, and some companies have no plans to expand in the short term. The growth of the industry is driven by government projects, housing construction and export business. The promotion of large-scale projects, the recovery of housing projects and the growth of external demand jointly promote the development of the industry.

2025-04-25 13:29:25

The next five years will be a critical period for the transformation, upgrading and development of Shangfeng. Although we are facing all kinds of difficulties and challenges, as long as we continue to carry forward the spirit of perseverance and accumulation of Shangfeng people, make steady progress, unite as one, and go all the way, we will surely be able to achieve the goal of Shangfeng's vision and realize our life value!

2025-04-25 10:26:01

Iraq's prime minister launched a package of industrial projects on Thursday, mostly in the cement sector. Masna Province has launched six projects with a total investment of more than US $1.17 billion, including five cement projects and one chemical project. These projects help to achieve self-sufficiency in cement, reduce construction costs and create employment opportunities. Iraq's industrial development is facing many challenges. Since 2003, its industrial base has been destroyed and its economy is dependent on oil exports. However, the launch of this project is an important step to promote the strategy of economic diversification and lay the foundation for long-term development.

2025-04-25 09:53:11

In 2024, the output of cement industry in the United States declined by 4.44%, and the dependence on imports increased. The decline in production was affected by factors such as factory closures, and domestic consumption was generally stable but seasonal differentiation. It imports 24 million tons of cement from many countries. Rising cement prices in the United States, the Trump administration's tariff policy brings uncertainty, if the tariff on Canada and Mexico has a significant impact, although American cement companies may benefit, there are also risks such as supply shortage, and some enterprises are more "Americanized".

2025-04-24 10:00:03

For a long time, cement has been the main loading and unloading cargo in Changgang Port. Faced with the continuous decline of domestic cement market demand in recent years, Changgang actively responded to the situation, actively sought change, timely adjusted the market development strategy, and took the development of foreign trade cement market as an important breakthrough in transformation and upgrading through comprehensive consideration of the domestic and foreign cement market.

2025-04-23 13:40:23

Indonesia's cement industry aims to achieve sales growth in 2025, tackling the problem of low capacity utilization by consolidating exports and focusing on domestic projects. In 2024, domestic sales declined slightly, exports increased, and capacity utilization increased slightly, but did not reach the pre-epidemic level. Domestic sales are expected to grow with government projects in 2025. Demand in some markets has risen and fallen, and exports are dependent on traditional markets and are expected to be stable. The country will restrict new investment, and the Ministry of Industry will begin to identify products to reduce imports and enhance export potential.

2025-04-22 11:26:25

In Li Kunming's view, with the strengthening of self-discipline and off-peak production of cement enterprises, it is expected that the market will return to normalization in 2025, and the fluctuation space will be narrowed, showing the operation characteristics of "rising with a top and falling with a limit".

2025-04-18 10:47:57

The price of cement in Nigeria reached a new high in April 2025, with 50 kg of cement reaching 9700 naira/bag. Leading companies include Dangote Cement, whose prices affect construction costs across the country. The government has repeatedly called for a price cut, such as Works Minister David Umehi's request for a reduction to 7,000 naira, but producers have not responded. Industry giant sales growth but net profit affected by foreign exchange losses. The rise in cement prices is related to many factors, and the government believes that the exchange rate and fuel price factors have created conditions for price reduction.

2025-04-16 10:01:20

On April 15, the Ministry of Ecology and Environment issued the Notice on Doing a Good Job in the National Carbon Emission Trading Market in 2025. Units with annual direct emissions of 26,000 tons of carbon dioxide equivalent in power generation, steel, cement and aluminum smelting industries should be included in the list of key emission units. See Annex 1 for the specific requirements for the formulation of the list.

2025-04-15 16:15:10

On March 28, 2025, the 7.9 magnitude earthquake in Mandalay, Myanmar, damaged five of the nine cement plants. This caused the price of cement to rise from 20,000 kyats per bag to 3.7- Forty thousand kyats, the supply is short or even out of stock, and the production capacity has dropped sharply. Myanmar's Ministry of Industry supports the repair of cement plants, allowing the import of cement, and recently ships carrying cement arrived in Yangon. Myanmar's annual cement demand exceeds 10 million tons, while the domestic demand can only meet 8 million tons. The government and the industry are actively seeking solutions to restore and develop the cement industry.

2025-04-15 09:12:30

Facing the new development trend of the domestic cement industry, the company has accelerated the pace of structural adjustment, transformation and upgrading, and international development, and actively responded to the national "going out" call for Sinoma Cement as the company's overseas investment and operation platform. At present, Sinoma Cement has a total cement production capacity in Zambia, Nigeria and Mongolia. 2 million tons, clinker production capacity of 1.55 million tons, commercial mixed production capacity of 200,000 cubic meters, aggregate production capacity of 2 million tons, sintered brick production capacity of 60 million pieces. 2024 In 2008, the company's international business continued to maintain a profitable trend, with sales and profits increasing.

2025-04-14 16:34:32

From January to February this year, domestic cement sales in Korea were only 4.45 million tons, down 24.8% from the same period last year, a new low in nearly five years. This figure has remained stable since 1991, when domestic cement shipments in South Korea first exceeded 40 million tons. However, in 2025, domestic cement shipments are expected to fall below 40 million tons for the first time in 35 years.

2025-04-14 09:57:11

Holcim released the 2030 strategy, focusing on sustainable development and innovation, committed to upgrading environmental standards, optimizing product structure, releasing long-term potential value, and leading the green transformation of the industry.

2025-04-11 09:39:17

It is noteworthy that there is still room to double the current overseas production capacity from the target of 50 million tons. Whether through new projects or rapid expansion through mergers and acquisitions, the internationalization path of Huaxin Cement has clearly emerged, and overseas business has become an important engine of the company's performance growth.

2025-04-10 09:49:29

On the basis of the sharp decline in demand in the second half of last year, the company expects that demand will continue to decline in the first half of 2025 due to insufficient rolling of stock projects and the reduction of new start-up projects. However, as the country continues to push the real estate market to stop falling and stabilize, and the capital situation is expected to improve, some infrastructure projects have been launched, and the demand decline is expected to gradually narrow in the second half of the year.

2025-04-09 10:16:20

In the short run, the escalation of the Sino-US tariff war has little impact on China's cement industry; in the long run, it will have a positive impact on stimulating domestic consumption, forcing Chinese enterprises to speed up the pace of "going out" and increasing exports.

2025-04-08 16:34:26

With the continuation of the positive orientation of macro-policy in 2025, as well as the combination of fiscal power and real estate "stop falling and stabilize" policy, it will effectively support the recovery of infrastructure and cement industry. The company will seize the key window period of improving quality and efficiency, reforming and innovating, realize value increment under the new normal situation of reducing development, tap potential and increase efficiency inward, firmly promote the upgrading of "high-end, intelligent and green" and the three major transformations of "cement +, internationalization and double carbon", constantly cultivate and develop new momentum and new advantages, and comprehensively consolidate the core. Return investors with better performance.

2025-04-03 16:10:08

On the afternoon of March 31, China National Materials International Engineering Co., Ltd. (Hereinafter referred to as "Sinoma International" or the "Company") held its 2024 annual performance presentation in Beijing. Yin Zhisong, Secretary of the Party Committee and Chairman of the Company, Focus of Independent Directors, Liu Renyue, Executive Vice President, Sui Tongbo, Vice President, Secretary of the Board of Directors, General Counsel and Chief Compliance Officer. Yin Ling, Vice President and Chief Financial Officer, attended the meeting and conducted interactive exchanges with investors and analysts.

2025-04-03 13:20:34

Sinoma Cement Tunisia Project is the largest single direct investment of Chinese enterprises in Tunisia in recent years. As the third largest cement enterprise in Tunisia, it has an annual production capacity of 1.5 million tons of cement and 1.6 million tons of aggregate, which has created more employment opportunities for the local area, made positive contributions to tax revenue and promoted the local economic and social development.

2025-04-01 20:16:02

Zhou Yuxian emphasized that the company will make full use of the advantages accumulated in the past development process and strive to create a new situation of high-quality development by "expanding increment, optimizing stock, grasping variables and strengthening quality" in accordance with the established strategic objectives.

2025-04-01 20:10:53

According to the China Cement Network Market Data Center news, the price of cement in Guangxi started the second round of 20 yuan/ton increase, and the price in Guangdong was mixed. The price of cement in many places in the two lakes has risen by about 30 yuan/ton.

2025-03-31 15:04:34

On March 20, the Ministry of Ecology and Environment issued the Work Program of the National Carbon Emission Trading Market Covering Steel, Cement and Aluminum Smelting Industries (hereinafter referred to as the Program). According to the Plan, in order to implement the plan of the CPC Central Committee and the State Council on the construction of the national carbon emissions trading market, with the approval of the State Council, the three industries of iron and steel, cement and aluminium smelting are included in the management of the national carbon emissions trading market, covering the greenhouse gases of carbon dioxide (CO2), carbon tetrafluoride (CF4) and carbon hexafluoride (C2F6).

2025-03-26 11:55:46

In the turbulent context of regime change in Syria, countless families are facing the difficult choice of rebuilding their homes.

2025-03-25 11:39:07

Looking forward to the future, with the joint efforts of the government, associations and enterprises, relying on the unswerving belief and the spirit of continuous innovation, the cement industry will break through the haze, successfully achieve transformation and upgrading, stride forward on the broad road of high-quality development with a brand-new attitude, and write its own brilliant chapter.

2025-03-24 17:09:55

According to the China Cement Network Market Data Center news, last week, Guangdong Pearl River Delta, Western Guangdong and Hainan and other market notifications rose 20-30 yuan/ton, Guangxi region rose after the temporary stable operation. Last week, cement prices in the two lakes region were temporarily stable, and some regions in eastern Hubei began to notice a rise.

2025-03-24 14:33:03

At 10 a.m. on March 20, local time in Kyrgyzstan, the 2500TPD clinker production line of UCG Group in Kyrgyzstan, which was contracted by Beijing Triumph, was successfully ignited and put into operation. Mr. Pavel, General Manager of UCG Kant Cement Plant, attended the ceremony.

2025-03-24 09:26:52

In recent years, based on the new development stage, the company has vigorously implemented the strategy of "integration, internationalization and differentiation", accelerated the transformation of digital intelligence and low-carbon development, and has become a first-class building materials provider integrating cement, commercial concrete, aggregate, logistics and transportation, technology research and development, consulting services, cement kiln co-disposal of waste and other businesses.

2025-03-21 16:53:59

The relocation of commercial concrete in Liudong is not only an active response of Yufeng Group to the policy requirements of Liuzhou Municipal Government on the relocation and resettlement of ready-mixed concrete production enterprises in the central urban area, but also an important measure for the company to further strengthen the management of losses and reduce losses, promote the quality and efficiency of assets, and realize the integration of resources.

2025-03-21 11:06:47

On March 13, the 14th China Cement Industry Summit and TOP100 Award Ceremony hosted by China Cement Network "Technology Special Event" was held in Hangzhou, Zhejiang Province. Sui Tongbo, Vice President and Professor-level Senior Engineer of Sinoma International, made the theme report of "Green Low Carbon Technology Path and Prospect of Cement Industry".

2025-03-20 14:28:18

On March 17, local time, Huaxin officially completed the EMBU SA ENGENHARIA E of Brazil Enbu Aggregate Company. COMERCIO), with a transaction value of $176.9 million. Entering South America marks a key step for Huaxin to implement the strategy of "overseas multi-business development", which will accelerate the company's progress towards the goal of "global leading multinational building materials group".

2025-03-19 19:05:30

Looking forward to 2025, the company will focus on the annual management theme of "Deepening Reform to New Generation", spare no effort to achieve new growth in performance, reshape the sales system to create new functions, consolidate the operation foundation to rebuild new advantages, optimize the allocation of resources to formulate new blueprints, and strive to repay the trust and support of shareholders with excellent performance.

2025-03-19 10:10:17

On March 14, the 14th China Cement Industry Summit and TOP100 Award Ceremony hosted by China Cement Network was held in Hangzhou.

2025-03-14 16:25:27

Sui Tongbo pointed out that the cement industry has a long way to go to achieve net zero emissions, and challenges and opportunities coexist. Looking forward to the future, the development trends of China's cement industry include: Green, high-end, intelligent, low carbon/net zero emission; PC will still be the dominant cementitious material for a long time in the future; look forward to innovation-new materials, new processes, new equipment, including low carbon/zero carbon/negative carbon cement, carbon fixation cement.. Hydrogen energy calcination, fluidized bed calcination, oxy-fuel combustion, all-electric calcination, electrochemical preparation, …… Promotion of concrete industry chain-such as UHPC, intelligent concrete with structural function, … …

2025-03-13 10:00:31

What will China's building materials do in 2025? Zhou Yuxian said that around the orientation of the new main industry, China's building materials should be based on the basic advantages accumulated in the past development process, from the perspective of efficiency and efficiency, make more increments around the advantages, overcome weaknesses, optimize stock, seize variables accurately, create value and improve quality, and strive to do a good job in the four articles of "addition, subtraction, multiplication and division" to promote the group. Promote the high-quality development of the group to a new level.

2025-03-07 13:11:30

With the acceleration of the negotiations between the United States and Russia, the end of the war between Russia and Ukraine is beginning to appear, and the post-war reconstruction of Ukraine has also been put on the agenda. As an indispensable building material in the process of reconstruction, the market's attention to cement has increased significantly.

2025-03-07 11:36:54

During the two sessions, representatives of China Building Materials Group focused on issues such as new quality productivity, green and high-quality development, construction of new energy bases and vocational education for employees, and put forward a number of proposals aimed at promoting the high-quality development of the industry and the country through scientific and technological innovation, policy support and system improvement.

2025-03-06 22:19:25

Recently, China's building materials enterprises are taking AI as the engine to open a new chapter of intelligent transformation. Through the privatization deployment and localization application of DeepSeek model, these enterprises actively explore the transformation and upgrading from "manufacturing" to "intelligent manufacturing". Along with the small material, we have a thorough understanding of how these enterprises embrace AI, promote intelligent practice, and inject new momentum into the high-quality development of the industry.

2025-03-05 11:02:56

The spring thunder calls the new green, and the dragon opens the grand chapter. On March 3, 2025, nearly 100 representatives from building materials and cement associations in Beijing-Tianjin-Hebei-Mongolia-Liaoning region and more than 40 enterprises gathered in Tangshan to make suggestions for the cement industry to make up losses and increase efficiency, green and low-carbon transformation and development, and successfully held the Beijing-Tianjin-Hebei-Mongolia-Liaoning Cement Industry High Quality Development Conference. The meeting was presided over by Niu Yafei, Secretary-General of Cement Branch of Hebei Building Materials Industry Association.

2025-03-04 17:26:25

According to the official website of the Ministry of Ecology and Environment, in order to steadily promote the voluntary disclosure of greenhouse gas information of enterprises and effectively promote the comprehensive green and low-carbon transformation and development of enterprises, the Ministry of Ecology and Environment, the Ministry of Finance, the People's Bank of China and the General Administration of Financial Supervision recently jointly issued the Opinions on Promoting the Voluntary Disclosure of Greenhouse Gas Information of Enterprises (hereinafter referred to as "Opinions").

2025-03-04 09:53:06

On March 2, Professor Fan Yueming of South China University of Technology and Chairman Shao Jun of China Cement Network visited Zhejiang Xindu Cement Co., Ltd. (Hereinafter referred to as Xindu Cement) and were warmly welcomed by General Manager Yang Mingqiu of Xindu Cement.

2025-03-03 14:01:54