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Cement Price Rising, Silver Lining for 2nd Quarter

Pubdate:2013-05-29

Since the beginning of April, China’s cement price is on a continuous rising trend. Last week, the price of per ton cement reaches 348 yuan, up 1.81% comparing to the week before. Industrial experts estimate that cement demand will continue to increase as infrastructure investment increases and modernization process accelerates. The outlook for cement consumption market is much positive than that of last year. 

As weather turning warm, cement demand is also increasing. Most of the construction sites in southern part of China are already under construction; in the northern part of China, the market sees an apparent upward trend in cement price and downward trend in cement stock. 

 

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