China's cement prices approach all-time high amid production cut for energy use control

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Several Chinese regions have imposed restrictions on cement sector's power use and production, as part of national efforts to control energy consumption. That has driven cement prices soaring and some regions recently saw the fourth price hikes in the current uptrend.

"Cement prices have been in a roller-coster this year, rising by a total of 230 yuan per tonne," a Guangxi-based cement dealer told Yuan Talks. Cement prices had declined since May and bottomed out in July and enter a sharp uptrend since then.

After a third round of price hikes of . . .

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