Fujian cement price is difficult to support due to poor demand

2023-12-22 12:21:53

Around December 15, the price of cement in Fujian was reduced by 20 yuan/ton. In this regard, China Cement Network once again followed up the market situation here.

Earlier, when investigating cement manufacturers in Longyan and Sanming, Fujian, China Cement Network learned that cement prices in Fujian increased by 20 yuan/ton on December 4. Most cement manufacturers were pessimistic about the increase in cement prices, saying that the local downstream market demand was poor. The increase in cement prices is difficult to maintain for a long time. As expected, around December 15th, the price of cement in Fujian was reduced by 20 yuan/ton. In this regard, China Cement Network once again followed up the market situation here.

 

Fuzhou, a large local cement manufacturers said that the local real estate market downturn, most of the infrastructure projects to support cement demand, demand is too poor, cement prices will inevitably fall. The person in charge of a clinker production base

in Sanming said that the market demand is poor, and there are basically more road infrastructure projects in rural areas.

For next year's market forecast, they also generally hold a pessimistic attitude, "next year's demand will not be too good", "the whole can be almost as good as this year"..

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Around December 15, the price of cement in Fujian was reduced by 20 yuan/ton. In this regard, China Cement Network once again followed up the market situation here.

2023-12-22 12:21:53

On October 27, Longquan Co., Ltd. (002671) announced the third quarterly report of 2026. The company's operating income was 769 million yuan, down 34.8% year on year. The net profit loss of the parent company was 11.81 million yuan, down 109.7% year on year. The net profit loss of the non-parent company was 13.28 million yuan, down 111.2% year on year; Net operating cash flow was RMB50.99 million, representing a year-on-year decrease of 65.1%; EPS (fully diluted) was RMB-0.021.