Eastern China prices beat expectations

Cement prices in eastern China have increased during July, beating analysts expectations for some parts of the region.

Prices continued rising and rebounds in Zhejiang, Fujian, Jiangxi and Guizhou were far beyond market expectation.

Last week (5-9 August 2013), the average cement price in China increased 0.85 per cent from the previous week, according to data from the Digital Cement. Prices in Anhui, Jiangxi, Hubei and Guangdong increased CNY20-30/t.

Cement prices in eastern China are expected to continuing rising in August on better-than-expected demand.