China's Cement Output Drops 1.1% in October from Year Earlier

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Researched by Industrial Info Resources China (Beijing, China)--China's cement output totaled 233.53 million tonnes in October, a 1.1% drop from the same month in 2013, according to the National Development and Reform Commission (NDRC).

For the first 10 months of this year, China produced 2.05 billion tonnes, a 2.5% increase over the same 10 months in 2013, the NDRC said.

Also in October, production of flat glass in China totaled 63.15 million weight boxes, a drop of 6.7% from October 2013. For the first 10 months of this year, flat glass output totaled 677.53 million weight boxes, an increase of 3.5% over the same 10 months in 2013, according to the NDRC.

Cement and flat glass prices fell in October, following a slight rebound in September. The average ex-work price of cement from key building material enterprises last month was $54.34, a 3.2% drop from October 2013. Last month's average ex-work price for flat glass was $9.23 per weight box, drop of $1.56 from the same month last year.

Cement stockpiles at the end of October totaled 18.33 million tonnes, an increase of 15.3% over a year earlier; flat glass stockpiles reached 47.14 million weight boxes, an increase of 12%.

For the first 10 months of this year, China's Building Materials Industry totaled $50.74 billion, a jump of 12.3% over the same 10 months last year. This included $8.55 billion in profits for cement manufacturers, a 22.5% increase. Profits for flat glass manufacturers fell $179 million to $179 billion.

Last month included the startup of two new cement lines in China, with a total clinker production capacity of 3.1 million tonnes. For the first 10 months of this year, China saw the start-up of 43 new cement production lines, with a total clinker production capacity of 55.83 million tonnes.

Industrial Info tracks more than 10,200 operational plants in China and 14,100 active projects, with a total investment of more than $2 trillion in China. This includes more than 4,500 metals and mining projects, with a total investment value of more than $640 billion.

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