China’s average cement price remains stable

China’s average cement price remains stable
28 November 2006

According to statistics from the cement markets in 18 key Chinese cities, the average monthly price of ordinary Portland cement (OPC) 42.5 was RMB328.2/t, up 0.7% over September, but down 0.2% over 2005.

The average monthly price of OPC 32.5 was RMB289.5/t, down 0.5% over September, and down 2.3% over 2005. 

Meanwhile, in the first three quarters of 2006, Conch Cement sold 54.51Mt of cement and clinker, up 42% YoY. The company’s realised main business income was RMB10.67bn and the main business profits were RMB2.875bn, up 48% and 94%, respectively, year-on-year. The company’s realized net profits were RMB826M, up 264% over 2005. 
Published under Cement News