Van Nam
After eight months unchanged, cement prices picked up by VND90,000 a ton last month under the impacts of power and material price hikes, the department said in a report on the January-September production and sales situation sent to the Daily on Wednesday.
Dang Xuan Nhan, owner of a construction material store in HCMC’s Binh Tan District, reported that cement volume consumed by civil housing construction had risen since the start of last month compared to previous months.
Prices of Ha Tien 1 cement products marked up by around VND120,000 a ton while those of Holcim cement items also rose by VND100,000 a ton last month, Nhan said. At present, cement prices of Ha Tien 1 and Holcim at building material stores in the city hover around VND1.7 million a ton or VND85,000 a 50-kilo pack, he noted.
According to the Building Materials Department, the January-September cement sales volume was estimated at 44.4 million tons, growing nearly 12% year-on-year. In particular, cement exports totaled roughly 10 million tons in the nine-month period, leaping 62% year-on-year.
The local cement industry turns out about 66 million tons of products annually while this year’s cement demand is projected at 56-57 million tons only.
As per the department’s report, the number of local unsold cement products stays at only 2.6 million tons, mainly clinker items, as production volumes of local plants do not far exceed demand. Of the inventories that are equivalent to two-week production volumes, Vietnam Cement Industry Corporation contributes around 1.2 million tons of unsold products, including 0.3 million tons of cement and 0.9 million tons of clinker equal to roughly 50% of the nation’s inventories.
Besides falling cement inventories, other construction material stockpiles also fall in the context that local producers have carried out production based on actual demand. Paving brick inventories are now 20 million square meters while construction glass inventories stand at 12 million square meters at home.
Đăng ký: VietNam News
