|Illustrative image (Source: VNA)
According to the Construction Ministry’s Department of Construction Materials, total cement consumption is estimated to hit 9.18 million tonnes in April, equivalent to the same period last year.
Of the figure, about 6.48 million tonnes were consumed on the domestic market, up 0.43 million tonnes month-on-month and up slightly year-on-year.
The Vietnam Cement Industry Corporation alone sold roughly 2.54 million tonnes in April and 8.42 million tonnes in the four months.
In the four months, some 21.65 million tonnes were sold domestically compared to the yearly target of 66-67 million tonnes.
Meanwhile, approximately 2.7 million tonnes were exported during April, down 0.7 million tonnes month-on-month and 2 percent year-on-year. However, four-month cement exports rose annually by 23 percent to about 13.8 million tonnes.
Cement prices in April remained stable compared to the same period last year.