State-owned Vietnam Cement Industry Corp (Vicem), the country’s leading cement producer, sold 20.93Mt of cement in the first 10 months of 2017. The volume reflects a drop of 1.1 per cent YoY.
Vicem cement production also declined 3.6 per cent YoY in 10M17 to 17.75Mt with output in October at 1.86Mt, down 8.6 per cent when compared with October 2016. However, clinker output advanced 3.8 per cent YoY to 15.97Mt in the 10M17, including 1.6Mt in October, up 3.7 per cent YoY.
In November, Vicem expects to produce 1.73Mt of clinker and 2.44Mt of cement and targets cement sales of 2.92Mt, according to Viêt Nam News.
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