China's cement inventories declined significantly in the last week of July after climbing for 13 consecutive weeks amid recovery in real estate activities and step-up in infrastructure construction.
Cement inventory ratio stood at 72.69% in the week of July 25 - 31, falling by 1.88 percentage points from the previous week, according to data from the China Cement Association.
Generally speaking, cement inventory ratio declines in spring and autumn. This year, driven by restocking on expectation of . . .
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