South African Cement Group PPC and AfriSam Resume Merger Talks

2017-02-15 09:00:36

South African cement group PPC and AfriSam resume merger talks.

South African cement group PPC and AfriSam resume merger talks. Due to oversupply and fierce competition in the same industry, the cement market situation in South Africa is not good. Both parties will work together to explore the African market, aiming to build a South African cement production enterprise with more stable finance, more efficient operation and higher technical level.

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Correlation

South African Cement Group PPC and AfriSam Resume Merger Talks

South African cement group PPC and AfriSam resume merger talks.

2017-02-15 09:00:36

CEMPI

91.97

+0.41 +0.45%

CONCPI

86.60

-0.31 -0.36%

CLKPI

96.45

+0.25 +0.26%

SPPI

41.07

0.00 0.00%

MORPI

71.85

-0.41 -0.57%

Cement net monthly report: raw materials push up landing limited, the national concrete market to maintain a weak and stable grinding pattern (8.1-8.31)

By the end of August, the National Concrete Price Index (CONCPI) had closed at 86.83 points, down 1.08% from the previous month, and down 6.66% from the same period last year.