China saw the average ex-factory price of cement climb RMB 2 from the previous month to RMB 278/t in November, according to the statistics published on the website of Ministry of Industry and Information Technology on Friday.
It is the second consecutive month that China’s cement price has recorded growth this year after a five-month decline.
The cement price in the western region increased RMB 3 to RMB 309/t in November. Sichuan, Guangxi and Chongqing saw the biggest price increases, rising RMB 11, RMB 7 and RMB 4 per ton, respectively.
The cement price in the eastern region was RMB 250 per ton, up RMB 3 per ton from October. There were increases of RMB 18 and RMB 12 per ton in Guangdong Province and Zhejiang Province, respectively.
However, the cement price in the central region dropped a little from October. The cement price in Heilongjiang Province and Jilin Province fell RMB 5 and RMB 3 per ton, respectively.
The ministry predicted that the country’s ex-factory cement price will continue to rise in December.