China: cement prices to remain strong in 2H16

China: cement prices to remain strong in 2H16
Published: 27 September 2016

Tagged Under: cement prices China 

Chinese cement prices are predicted to rebound strongly in the remaining three months of the year, say analysts, thanks to rising domestic home prices, which have also boosted the share prices of cement manufacturers listed in the mainland and in Hong Kong. Total revenue of the 17 cement makers listed in the A-share market grew 4.8 per cent in 2Q16, while net profit hit CNY4.81bn (US$721m) reports South China Morning Post.














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