China's cement prices have been climbing since late August amid rising demand in the traditional peak season and as local government bond issuance picks up which is expected to boost infrastructure investment.
China's average cement prices stood at 448 yuan per tonne last week, rising by 13.2 yuan per tonne from the previous week and in China's northeastern, eastern, central and southwestern regions, prices were raised by 30 - 50 yuan per tonne, according to industry data.
A cement producer based in eastern China's Zhejiang province told Yuan Talks that cement . . .
SIGN IN OR SUBSCRIBE TO GET FULL ACCESS.
Stop Googling for China market information. Yuan Talks put all market-moving news in one place. You will never again be left in the dark when market moves. Start your FIVE-DAY FREE TRIAL today!
Cancel anytime before the free trial ends and you won't be charged.