Cement consumption up year-on-year

07.10.2015

Hanoi: The total consumption of cement till September 2015 rose 3 per cent against the same period of last year to 52.11 million tonnes, according to the Ministry of Construction.

The ministry’s Building Material Department said that of these, 40.26 millon tonnes of cement were sold on the domestic market, a year-on-year surge of 8 per cent while the export volume of cement reached 11.85 million tonnes, a 12 per cent lower than the same period of last year.

However, total consumption of cement in September was down 9 per cent to 5.37 million tonnes, including 4.27 million tonnes for the domestic market, 11 per cent lower than last month, chinhphu.vn reported.

Experts in building materials said the reduction in total consumption volume of cement in September was due to the impact of the rains and the „ghost month“ when people often avoid starting construction projects. They expect cement consumption on the domestic market to be better by the year-end when the construction season begins. However, the cement industry would find it difficult to export cement by the year-end because some cement exporters in the region would increase their volumes to between 5 and 6 million tonnes.

Source: vietnamsnews.vn