China's cement producers raise prices due to higher cost driven by surging coal prices

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Many cement producers in China recently announced a new round of price hikes after the sector posted weak earnings for 2021 due to sluggish demand and high costs caused by rising coal prices.

Since March 10, cement makers in the cities of Huanggang and Ezhou in Hubei province have raised prices by 20 - 30 yuan per tonne, according to a Hubei local cement dealer. Last week, cement companies in the province's Shiyan city announced . . .

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