Cement News tagged under: Price target
India: Telangana State Housing Corporation signs cement price MoU03 November 2016, Published under Cement NewsThe State Housing Corporation of Telangana has signed a memorandum of understanding with local producers to fix the price of supplied cement at INR230/bag (US$3.45), the New India Express reports. The rate includes loading, transportation, unloading and all taxes. The average price of a bag of cement in India was INR285-290/bag at the beginning of the year, but substantially higher in Telangana and other southern states at around INR350/bag. The State Housing Corporation is currently u... |
Daiwa reduces Anhui Conch price target, China30 May 2012, Published under Cement NewsDaiwa Research reduced its target price for Anhui Conch to HK$23 from HK$29.5, and downgraded the stock to "hold" from "outperform". The house said cement demand and selling prices in eastern China and along the Yangtze River, the key market for Conch, have been weaker than expected year-to-date. But Daiwa expects the situation to improve in 2H on the back of the central government's loosening policies. |
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