Jinwu Financial News | Building materials cement stocks weakened. Conch Cement (00914) fell 3.34%, Huaxin Cement (06655) fell 2.39%, Western Cement (02233) fell 1.6%, Asia Cement (China) (00743) fell 1.26%, and China Building Materials (03323) fell 0.6%.
Guotai Junan said that in late October, demand in the national cement market weakened slightly from month to month, mainly due to the northern market entering the low season one after another and about to begin the winter peak production cycle; demand in the southern region remained stable, continuing to push prices upward in order to improve profits during the final demand period.