The commercial mixed market in Northwest China is stable and small.

2024-08-30

Demand in the southwest region is sluggish, and concrete prices are running weakly..

2024-08-30

On August 30, Sichuan Shuangma (000935. SZ) released its semi-annual report for 2024. During the reporting period, the company realized business income of 482 million yuan, down 14.08% from the same period last year. Net profit attributable to shareholders of listed companies was 113 million yuan, down 75.06% year on year. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 95.0835 million yuan, down 78.51% year on year. Basic earnings per share is 0.15 yuan.

2024-08-30

Market demand in central and southern China is general, and concrete prices are weak..

2024-08-30

The demand for concrete in North China is weak and the price is under pressure.

2024-08-30

On August 29, Fujian Building Materials Industry Association issued the Notice on the Arrangement of Peak Staggering Work in September. The notice requires all cement enterprises to stagger the peak for 15 days in September according to the current market situation and the decision of the meeting.

2024-08-30

Demand has not improved significantly, and concrete prices are mainly stable..

2024-08-30

In the first half of 2024, Conch Cement realized an operating income of RMB45.566 billion, representing a year-on-year decrease of 30.44%, and a net profit attributable to parent company of RMB3.326 billion, representing a year-on-year decrease of 48.56%.

2024-08-30

The Implementation Measures stipulate that the capacity indicators used for replacement shall be determined according to the design capacity on the project filing or approval documents. Because the kiln diameter is 5.45 meters from the production capacity scale. Therefore, the kiln diameter is not usually 100 mm into the first gear. It should be the consideration of leaving a way out for the project. Most of the early 4000 tons/day production lines fixed the kiln diameter at 4.8 meters. At present, there is a 2500 tons/day production line in the province, and the production capacity index is sold according to the reduction ratio. If only 1500 tons/day are used, the remaining 1000 tons/day will cause subsequent trouble to the transferor. That's a lot of "trouble".

2024-08-30

From August 19, 2024 to August 25, 2024, the highest opening rate of cement kilns in all provinces in China was 73.67% in Shandong Province. Kiln opening rate of 50% and above: 70.00% in Hubei Province, 64.21% in Anhui Province, 61.43% in Shanxi Province, 59.26% in Zhejiang Province, 58.01% in Jiangsu Province, 57.71% in Hebei Province, 53.25% in Henan Province and 50.00% in Tianjin.

2024-08-30

Since the 26th, major enterprises in Lhasa, Xigaze and other places have notified to raise the price of cement by 20 yuan/ton, and the implementation remains to be observed.

2024-08-30

On the 28th, major enterprises in Yinchuan took the lead in notifying the increase of cement price by 20 yuan/ton, and the implementation remains to be observed.

2024-08-30

Relevant data show that the industry lost about 1.2 billion yuan in the first half of the year, with sales falling by 11%. Conch Cement: In the first half of the year, the Company achieved an operating income of RMB45.566 billion, representing a year-on-year decrease of 30.44%, and a net profit of RMB3.326 billion, representing a year-on-year decrease of 48.56%. Tapai Group: achieved operating income of RMB1.976 billion, representing a year-on-year decrease of 31.17%; net profit attributable to shareholders of the listed company was RMB226 million, representing a year-on-year decrease of 53.43%. It is expected that with the arrival of the traditional peak season of cement sales, the demand side will be better in the second half of the year than in the first half, and the price side is expected to continue to repair.

2024-08-30

What is happening in the cement industry?

2024-08-30

According to the big data of China Cement Network, the price of cement in central Hebei has almost always been the highland of Hebei since this year, among which Baoding ranks first in Hebei. At the same time, the special terrain and the relatively high price make Jizhong become the coveted cement enterprises of the surrounding parties. Although there are six cement clinker enterprises in Baoding, which are mainly concentrated in three brands, it is difficult to control the price trend. Local cement enterprises in Tangshan have also said that Baoding and other Jizhong markets account for a large proportion of enterprise sales.

2024-08-29

The purchase cost of coal, electricity and other energy consumption in the cement products of the Company accounts for more than 50% of the comprehensive cost of the products on average. Once the coal price rises by a large margin, the production cost of the Company will face upward pressure. If the resulting cost increase cannot be fully transmitted to the product price, it will have a negative impact on the profit of the Company. With the rising cost of safety, environmental protection and labor, the cost pressure of enterprises will further increase.

2024-08-29

Uzbekistan's Competition Development and Consumer Rights Protection Commission announced a fine of 4.9 billion Sums for dumping and other violations at Shangfeng Friendship Bridge, the daryo. Uz reported on August 27. In addition, the regulator has issued a mandatory directive requiring Shangfeng Friendship Bridge to eliminate the identified violations and take measures to prevent future occurrences. On April 28, 2024, the completion ceremony of the 6500t/d clinker production line was successfully held.

2024-08-29

On the evening of August 28, Shangfeng Cement released its semi-annual report for 2024. During the reporting period, the company realized business income of 2.392 billion yuan, down 25.44% from the same period last year. During the reporting period, due to the decrease in market demand for cement building materials, oversupply of production capacity and the decline in product prices, the sales volume and product prices of the company's main products decreased year on year. The asset structure of the Company maintained a good margin of safety. As at the end of the reporting period, the monetary capital scale of the Company was basically stable, and the actual external financing scale remained stable.

2024-08-29

Recently, Jiangxi Cement Association issued the Proposal on Further Strengthening Industry Self-discipline and Preventing Involution Vicious Competition, which includes the following four points: 1. Recognize the industry situation and strengthen confidence in development; 2. Strengthen industry self-discipline and prevent vicious competition; 3. Firmly stagger peak production and alleviate the contradiction of surplus; 4. Accelerate transformation and upgrading and promote high-quality development. It is proposed that all cement enterprises in the province should recognize the situation and take the initiative to respond to it. The cement industry has entered a period of declining demand, which is the general trend of the economic development cycle and is irreversible in the short term.

2024-08-29

What is happening in the cement industry?

2024-08-29