The house adds that contract prices for late-April rose by CNY20-CNY30/t, and expects that once the market moves into peak season, cement prices may shoot up CNY100/t, ahead of cement prices in the eastern region.
UOB says that as Xinjiang is in northern China, the construction period for each year lasts for five months because of the cold weather; "the impending warm weather should drive cement prices in the entire Xinjiang region."
