China's Cement Production Rises 9.6%, Flat-Glass Output Up 11.2%

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Researched by Industrial Info Resources China (Beijing, China)--China's cement output reached 2.41 billion metric tons in 2013, an increase of 9.6% year over year, which was 2.2 percentage points higher than the growth rate in 2012, according to the Annual Operation Report on China's Building Materials Industry 2013, which was issued by the National Development and Reform Commission on January 29. The output of flat glass reached 778.98 million weight-boxes, an increase of 11.2% year over year.

In 2013, the market price of cement and flat glass increased.

Due to government efforts to conserve energy and reduce emissions, the average price of cement has been rising since September. In December 2013, the average ex-work price of cement for key building material manufacturers was $57.97 per metric ton, an increase of 3.3% year over year, or 0.8% over the previous month. As of the end of December 2013, the stockpile of cement for key building material manufacturers reached 14.96 million metric tons, a drop of 9.5% year over year.

The average ex-work price of flat glass was $10.41 per weight-box, an increase of 3.3% year over year, or a drop of 3.6% from the previous month. The stockpile of flat glass reached 40.37 million weight-boxes by the end of December, an increase of 15% year over year.

In 2013, profits for China's building material industry reached $74.2 billion, a jump of 18.2% year over year. The profit generated by the cement industry reached $12.56 billion, an increase of 16.4% year over year. Profits generated by flat-glass manufacturers reached $740 million.

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