Cement demand in the second half of the year benefited from an increase in investment
In recent years, Cao Jianglin, President of China building materials, said in mid term performance that the sales of cement industry generally declined slightly last month and earlier this month, but the cost of benefits decreased. The gross profit margin of unit products increased in the first half of this month.
However, in the second half of the year, both the demand for cement and the price of cement are all rising, and the utilization of production capacity is also up, mainly benefiting from policy support. In the first half of the year, investment in roads, railways and water conservancy projects is less than half of the annual target. And the second half of this year will be the peak period of fixed asset investment. The development of cement industry in the second half of the year can still be expected.