News Room - Business/Economics

Posted on 03 Mar 2010

Cement price retains at stable level in domestic markets (Vietnam)

Ministry of Construction lately estimated that the whole country's cement demands would stay at 50-51.5 million tonnes in 2010, an increase of 11 percent year-on-year. The ministry has recently guided its members to plan forcement production and consumption volume for the whole year such as Vietnam Cement Industry Corp of 18-18.5 million tonnes, joint ventures of 15-15.5 million tonnes and local, small cement plants of 17-17.5 million tonnes.

 

In February, Vietnam's total cement production output was posted at 3.24 million tonnes, raising the accumulative output in the first two months of 7.42 million tonnes, equal to 14.8 percent of the year plan. In February, the country's totalcement consumption was at 2.33 million tonnes, and progressive one of 6.42 million tonnes, or 12.8 percent of year plan.

 

The ministry of construction revealed that the cement sales price in February remained stable nationwide.