China records increase in prices of cement

Various  Chinese cement companies in areas like Jiangsu, Anhui, Hubei, Hunan and Gansu recorded increase in regional cement prices by 0.4 percent or between CNY 10 -20 per ton, reports Sina. In the Guangxi region, the increase in prices of cement varied between CNY 20-CNY 30 per ton.

The increased demand of cement is due to improved weather conditions and self-regulation of prices in East, South and Northwest areas of China. On the other hand, in north, northeast and southwest of China cement prices recorded a decline due to weak economic situation and poor demand along with falling prices.