Vietnam Jan-Feb sales rise 6.7% YoY

Vietnam sold 8.4Mt of cement in the first two months of this year, up 6.7 per cent from a year earlier, the Ministry of Construction said.

Of the total, 5.3Mt of cement was sold in the domestic market while about 3.1Mt of cement and clinker was exported.

At present, the local cement industry has around 2.6Mt of inventory, mainly clinker.

Vietnam’s cement sales are predicted to rise by 1.5-3 per cent YoY to between 62-63Mt this year, including 48.5-49Mt of domestic sales and 13.5-14Mt of exports.