In 2007 China's Accounted Total Exports Cement Was 33.01 Million Tons, Worth 1.15 Billion US Dollars, Compared with the Previous Year Were Down 8.6% and 2.6% Respectively

2008-06-13 14:13:35 -

www.researchandmarkets.com - Research and Markets (www.researchandmarkets.com/research/32f716/china_cement_indus) has announced the addition of the "China Cement Industry Research Report 2007-2008" report to their offering.

The total amount of output of the Chinese cement industry was 1.35 billion tons, up 13.5 per cent year-on-year; the value of sales was 410.4 billion yuan(RMB), an increase of 23.1 percent, 6.6% higher than the output growth. The price of cement had a seasonal decline at the beginning of the year, but, in the rest of the year the price has maintained a basic stability and gradual increase. The average price of cement for national key enterprises has up 10 yuan(RMB) year on year.

From July 1st 2007, the government abolished the cement export tax rebates, the cement exports dropped accordingly. According to customs statistics, in 2007 Chinas accounted total exports cement was 33.01 million tons, worth 1.15 billion US dollars, compared with the previous year were down 8.6% and 2.6% respectively. Main destinations are EU, United States and the United Arab Emirates. In 2007, the amount of cement exports to the EU was 9.746 million tons, an increase of 38.3%; to the United States was 5.315 million tons, down 49.9 percent; to UAE was 3.39 million tons, up 23.1 percent. The three markets accounted for 55.9% of total exports. In the first 11 months of 2007, the total imports of cement was 489,700 tons, down 30% year on year, the total imports of clinker was 91,500 tons, down 57% year on year.

In terms of the process of the development for the industrialization and urbanization, the investment of fixed assets will be maintained at an average annual growth rate around 25%. The house construction will keep a reasonable speed. Before 2010, there will be eliminated mandatory 250 million tons of backward production capacity, which will be an advantage for the new dry cement to develop new market. Therefore, the steady growth of demands and adjustment of supplies will support the cement industry to maintain a growth steadily.

After the policy of the mandatory elimination of backward cement production capacity and supports the top cement manufactories, the cement industry will reshuffle and integration, the top manufactories will dominate the market share and profits.

Key Topics Covered:

1. The demands of Cement

2. The supply of Cement

3 Analysis of cement price

4 The growth of cement industries will support the cement manufactories maintain stable operating performance

5 Market integration brings the value of industry restructuring

6 Expectation of cement industry operating profits 2008

7 Key manufactories

Charts

Companies Mentioned:

- Hailuo Cement

- Huaxin Cement

- Jidong Cement

For more information visit www.researchandmarkets.com/research/32f716/china_cement_indus

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