China’s cement production falls

In China, production volume of cement in January-February 2016 fell by 8.2% year-on-year to 238.75 million tonnes, while output volume of flat glass fell by 1.9% to 120.23 million weight boxes. The country's concrete commodity output volume in the two-month period hiked by 3% to 206.59 m³.
March 30, 2016 Read time: 1 min

In China, production volume of cement in January-February 2016 fell by 8.2% year-on-year to 238.75 million tonnes, while output volume of flat glass fell by 1.9% to 120.23 million weight boxes.

The country's concrete commodity output volume in the two-month period hiked by 3% to 206.59 m³.

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Meanwhile, profit generated by cement sales contracted about 64% to CNY 14.70 billion (€2.06 billion/US$2.30 billion).

In July, 2015, the average market price of cement fell by about CNY 80/tonne, compared to a fall of CNY 51/tonne in early 2015.

The cement industry recorded CNY 1.42 billion in profit during the month, down by 63.45% in comparison to June 2015.

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