China's Cement Output Rises 2.98% in First Three Quarters of 2014

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Researched by Industrial Info Resources (Sugar Land, Texas)--Production of cement in China reached 1.82 billion tonnes during the first three quarters of 2014, a 2.98% increase over the same period last year, according to the National Development and Reform Commission (NDRC).

Flat-glass production reached 610.08 million weight boxes during the first three quarters, a 3.8% increase over the same period in 2013.

Prices of cement and flat glass rebounded slightly in September when compared with August. The average ex-work price of cement reached $54.54 per tonne in September, a 0.5% increase over August, and a 2.5% increase over September 2013. The average ex-work price for flat glass reached $9.41 per weight box, an increase of $0.28 over August, but a drop of 11.7% from the price in September 2013.

Cement stockpiles totaled 18.74 million tonnes at the end of September, a 7.25% increase over the same time last year. Flat glass stockpiles increased 4% to 45.06 million weight boxes.

China's building materials industry profits for the first three quarters totaled $44.07 billion, a 14.3% jump over the same three quarters in 2013. Cement manufacturing profits rose 29.7% to $7.45 billion, but flat glass manufacturers' profits fell 44.1% to $200 million.

China had 41 new cement production lines during the first three quarters, with a production capacity of 52.73 million tonnes.

Industrial Info tracks more than 10,200 operational plants and 14,100 active projects, with a total investment of more than $2 trillion in China, including more than 4,200 operational plants and 4,500 active projects Metals and Minerals projects with a total investment of more than $640 billion.

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