Weekly Report of Concrete: The Cost Side Is Temporarily Stable, Demand Shrinks, and the Price of Commercial Concrete in North China Is Mainly Stable (10.26-10.30)

For cement enterprises that are going to sea on a large scale, these three Enlightenments are particularly critical-going to sea can not only calculate capacity account, price account, but also exchange rate account and capital account. Investment in building factories is a sunk cost, but exchange rate fluctuations are a persistent source of profit and loss, which can not control exchange rate exposure, and even higher overseas gross profit may be eroded in the settlement and sale of foreign exchange. Conch has made up a solid "exchange rate lesson" for the whole industry with solid exchange losses.