China output climbs 10.8 per cent YoY

Cement production in China reached 237.29Mt in the first two months of 2013, an increase by 10.8 per cent from the same period of last year, according to latest data from the National Development and Reform Commission.

The rate of growth over the Jan-Feb 2013 period has accelerated from the 4.8 per cent growth seen during the same period of 2012.

However, cement prices have continued to fal with the average ex-factory price from major companies declining by CNY7/t from December and CNY46.2/t from a year earlier to CNY335.4/t. (Source: China Knowledge)