Xijiang Limited Navigation Guangxi Cement Export Is Blocked, Guangdong May Raise Prices!

2023-11-02 16:37:18

Since November 2, 2023, the number of ships going down to the lock of Changzhou Hub has been controlled by no more than 150 per day, and the number of ships going down to Guiping Lock has been controlled by no more than 58 per day, Guigang Port (downstream of Guiping Hub) has been controlled by no more than 16 per day, and Wuzhou Port (upstream of Changzhou Hub) has been controlled by no more than 19 per day.

According to the document of the Port and Navigation Development Center of Guangxi Zhuang Autonomous Region, according to the "Relief Scheme for Gathering Ships in the Waters of Changzhou Hub Lock in Dry Season (Trial Implementation)" issued by the Transportation Department of the Autonomous Region, combined with the level III response and disposal of emergency incidents in the navigation of Xijiang Golden Waterway in Guangxi and the actual capacity of Changzhou Lock in the near future.

Since November 2, 2023, the number of ships going down to the lock of Changzhou Hub has been controlled by no more than 150 per day, and the number of ships going down to Guiping Lock has been controlled by no more than 58 per day, Guigang Port (downstream of Guiping Hub) has been controlled by no more than 16 per day, and Wuzhou Port (upstream of Changzhou Hub) has been controlled by no more than 19 per day. The number of ships leaving the port (passing through the lock) arranged

every day includes the priority ships passing through the lock, and the ships transporting in the interval and going down without passing through the Cheung Chau Lock are not subject to the above quota restrictions.

Xijiang River is the key channel for Guangxi cement to export to Guangdong market, and the obstruction of shipping will have a significant impact on Guangdong cement market and reduce the impact of Guangxi cement on Guangdong.

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Correlation

Since November 2, 2023, the number of ships going down to the lock of Changzhou Hub has been controlled by no more than 150 per day, and the number of ships going down to Guiping Lock has been controlled by no more than 58 per day, Guigang Port (downstream of Guiping Hub) has been controlled by no more than 16 per day, and Wuzhou Port (upstream of Changzhou Hub) has been controlled by no more than 19 per day.

2023-11-02 16:37:18

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.