Vietnam demand forecast to rise to 56Mt

Vietnam demand forecast to rise to 56Mt
13 January 2011

Vietnam is forecast to use 56Mt of cement in 2011, up nine per cent from a year earlier.

The country’s cement production is forecast to reach to 65.8Mt due to the additional operation of 10 cement plants with a combined capacity of 15Mta, the Vietnam Cement Association said.

Vietnam’s cement sales stood at 50.21Mt in 2010, including used 5.08Mt in December, fulfilling 100% of the sector’s whole-year target.

The country’s cement price is expected to be stable in 2011 due to higher supply.
Published under Cement News