MIIT: China cement production up 19% in first five months

MIIT: China cement production up 19% in first five months
Published: 05 July 2010

China produced 675.43Mt of cement in the first five months of 2010, up 19 per cent YoY, reports p5w.net, citing the Ministry of Industry and Information Technology.

In May, cement production increased by 4.5 per cent YoY and 1.9 per cent from April, reflecting growth rate increases of 5.7 per cent YoY and 0.1 per cent from the first four months, respectively.

China exported 6.86Mt of cement and cement materials in the first five months, up 3.3 per cent from a year ago, with an export value of US$290m, dipping by one per cent from a year ago.

May saw China’s export volumes reach 1.4Mt, reflecting increases of 12.7 per cent YoY and 19 per cent month-on-month, respectively.

The average cement prices in major national cities have climbed 82 basis points in the past year, including a 41-basis point increase in 2010.