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天山股份(000877.SZ)：三季度仍处弱势，四季度传统旺季预计需求会环比改善

Xinjiang Tianshan Cement (000877.SZ): The third quarter is still weak, and it is expected that demand will improve month-on-month during the traditional peak season in the fourth quarter.

Gelonghui Finance ·  Jul 19 03:14

Xinjiang Tianshan Cement (000877.SZ) stated at an investor relation event on July 19th that in the first half of 2024, national demand for cement will continue to decline sharply on the basis of consecutive declines over the past two years, with a year-on-year decline of over 10% in the first half of the year. The third quarter is still weak, and it is expected that the demand for the traditional peak season in the fourth quarter will improve month-on-month. In 2023, national cement prices showed a trend of high in the beginning and low in the end, and prices in the first quarter of 2024 continued to decline and fluctuate at a low level. Since May of this year, the cement prices in the region where the company's business is located have risen month-on-month, and the decline in prices has narrowed compared to the same period last year. In June, the prices continued to rise month-on-month, showing a positive trend. The cement industry is in a critical period of transformation and development. The company adheres to implementing various national industrial development policies and the operating philosophy of “cost and benefit,” and promotes the industry's efficiency to return to a reasonable range.

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