Vietnam cement prices drop on weak demand

Vietnam cement prices drop on weak demand
Published: 23 July 2012

Tagged Under: Vietnam Pricing 

The price of cement in Vietnam has dropped to VND100,000/t (US$4.8) in the first half of 2012 due to low demand and high stockpiles, according to the Vietnam Cement Association.

For the six months to June 2012, cement production and consumption fell 10 per cent YoY to 24.3Mt and 23.6Mt, respectively.

Local producers have exported 3Mt of clinker and 700,000t of cement in the first half of the year.  (Source: Vietnam News Agency Bulletin)