The monthly growth of cement output has fluctuated sharply. The highest growth was reported in May, 20.7 percent; and the lowest growth was reported in March, only 2.6 per cent.
The YoY growth is basically stable. Except a 23.8 per cent accumulative growth in January-February, the accumulative growth in March-September has stabilised at 14.4-16.1 per cent.
The output growth has shown the trend of falling steadily. To be specific, the growth in January-June is 0.1 percentage points lower than in January-May; that in January-July is 0.6 percentage points lower than in January-June; that in January-August is 0.4 percentage points lower than in January-July; and that in January-September has stabilised at the level in January-August.
NDRC predicts that China’s cement output growth will retain a steady and slightly downward trend before the end of this year.
