China`s cement output up 3.6% in H1 to 1.14 bln tons
Source: www.chinamining.org Citation:China Knowledge Date: August 04, 2014
China`s cement output grew 3.6% year on year to 1.14 billion tons in the first half of this year, according to statistics released by the National Development and Reform Commission.
From Jan to Jun 2014, China`s flat glass output rose 4.7% year on year to 411.18 million weight boxes. The growth rate was 6.1% lower than that in the same period of 2013.
The average ex-factory price at major cement enterprises decreased RMB 6.4 per ton from May to RMB 348 per ton in Jun. At the end of Jun, the cement inventory of these major cement enterprises had increased 1.1% year on year to 19.27 million tons.
The price of flat glass stood at RMB 61.1 per weight box, remained flat from a month earlier.
The building material industry realized RMB 159.7 billion in profit in the first five months of this year, reflecting an increase of 20.7% year on year. The profit of the cement sector surged 69.5% to RMB 26 billion. The flat glass sector saw profit increase 46.7% year on year to RMB 1.79 billion.
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