Vietnam cement sales in August rise to 4.51Mt

Vietnam cement sales in August rise to 4.51Mt
Published: 01 September 2010

Cement sales in Vietnam are estimated to have surged to 4.51Mt in August from 3.72Mt in July, the financial website InfoTV cited the Ministry of Construction as saying Monday.

The figure has increased the country’s total cement sales to 32.5Mt between Jan and Aug, meeting 65% of its full-year target, the ministry said.

Vietnam’s cement output is estimated at 33.4Mt in the first eight months, including 4.49Mt in August.

The Southeast Asian nation has imported 110,000t of clinker in August, raising its total imports to 1.71Mt between Jan and Aug.

Vietnam is forecast to use 50Mt and 51.5Mt in 2010, up 11% on-year, the ministry said.

The Vietnam Cement Association predicted the country will face a cement surplus of 3Mt this year.