Anhui Conch - May 2013
An unexpected rise in China’s level of inflation has hit the country’s second-largest cement producer, Anhui Conch Cement, whose stocks fell 2.1 per cent in early May. This was followed by a further slide later in the month of 1.2 per cent. The fall came after the nation’s statistics bureau announced a 2.6 per cent drop in producer prices, deepening the 1.9 per cent decrease seen in March.
