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It is forecasted that cement prices will continue to increase in the last months of the year

Cement prices in the fourth quarter are forecast to continue to increase slightly due to increased prices of fuel and raw materials for cement production.

After 8 months of standing still, in September, cement prices increased by about 90,000 VND/ton due to the impact of electricity prices and increased raw material prices.

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Mr. Dang Xuan Nhan, owner of Thuy Tram construction materials store, Binh Tan district, Ho Chi Minh City, said that cement consumption for residential construction needs from the beginning of September until now has also begun to increase compared to other countries. previous month.

According to Mr. Nhan, in September, the price of Ha Tien 1 cement increased by about 120,000 VND/ton and Holcim cement also increased by 100,000 VND/ton. Currently, the price of Ha Tien 1 and Holcim cement at construction materials stores in Ho Chi Minh City fluctuates around 1.7 million VND/ton (85,000 VND/50 kg bag).

According to the Department of Construction Materials (Ministry of Construction), the amount of cement consumed nationwide in the first 9 months of the year is estimated at 44.4 million tons, up nearly 12% over the same period in 2012. Of which, cement exports 9 months reached nearly 10 million tons, up 62% over the same period.

Currently, the cement industry’s production capacity in the country is approximately 66 million tons/year. According to plan, total cement consumption in 2013 reached 56-57 million tons.

The Construction Materials Department also said that the country’s cement industry inventory is currently at 2.6 million tons, mainly clinker because most factories do not produce much excess compared to consumption demand; Inventory is only equivalent to 14 – 15 days of production. Of which, Vietnam Cement Corporation’s inventory is about 1.2 million tons (including 0.3 million tons of cement and 0.9 million tons of clinker), accounting for nearly 50% of the country’s inventory.

In addition to reduced cement inventories, manufacturers of other construction materials also balance production according to consumption demand, so inventories also decrease. Tiles currently have an inventory of about 20 million m2 (equivalent to 2 months of production), construction glass has an inventory of about 12 million m2 (equivalent to 1.5 months of production).

According to Saigon Technical Committee

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