China's building materials sector continues steady growth in H1

Time:2019-07-22 06:26:28      Source: xinhuanet.com

The output of China's building materials sector expanded steadily in the first half of this year (H1), official data showed.

Output of the building materials industry increased by 10 percent year on year, with the output of cement and flat glass both registering a growth of 6.8 percent, according to the Ministry of Industry and Information Technology (MIIT)

The sector raked in 2 trillion yuan (about 291 billion U.S. dollars) in revenue in the first five months, up 13.4 percent from a year ago, while the profit increased 13 percent to 166.9 billion yuan.

The MIIT data also showed the overall factory price of the sector picked up.

In June, the price of cement increased by 0.6 percent year on year, while that of flat glass dropped 4.2 percent.

The data came as the property sector, a major consumer of cement and flat glass, saw growing investment in H1.

China's real estate investment increased 10.9 percent year on year in January-June to 6.16 trillion yuan, with 73.3 percent flowing into residential housing, according to the National Bureau of Statistics.

Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
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