From January to May, the national cement output was 791.98 million tons, a year-on-year increase of 5%

The National Development and Reform Commission recently announced that in May, domestic cement production increased by 4.3% year-on-year, a year-on-year slowdown of 14.9 percentage points.

The average ex-factory price of cement for key building materials companies was RMB 360.5 per ton for the month (the same below), down 2.5 yuan from the previous month and down 26.5 yuan year-on-year, down 0.7% and 6.8% respectively. At the end of the month, the cement stocks of key building materials companies totaled 18.58 million tons, up 14.1% year-on-year.

Statistics show that from January to May, the country’s cement output was 790.98 million tons, an increase of 5% year-on-year, and the growth rate slowed by 14.3 percentage points year-on-year.

In the first four months, the building materials industry achieved a profit of RMB 81.3 billion, a year-on-year decrease of 7%. Among them, the cement industry profit was 9.53 billion yuan, a decrease of 59.9%.