The market in March returned to the growth track, with even more prosperity.
According to statistics from the General Department of Customs, cement and clinker exports in March reached more than 2.73 million tons, earning nearly 98 million USD, up 0.9% in volume and down 6% in value compared to the previous year. with the same period.
Since the beginning of March 2024, the market has become more vibrant due to cement and clinker orders coming from traditional markets: USA, Bangladesh, Philippines…
Large factories in the cement industry such as Long Son, Thanh Thang, Hoang Thach… operate at almost full capacity due to a sudden increase in cement orders. However, due to the increase in cement orders, clinker output for export also decreased significantly. Clinker prices increased continuously, from 31-32 USD/mt to 4-5 USD/ton.
Not only that, the number of visitors to Vietnam looking for cement and clinker also increased significantly. These signs are showing the revival of the cement industry after a long period of continuously decreasing output and prices. At the same time, it also raises the question whether value chain simplification is happening faster than expected, when importers are directly looking to factories and exporters instead of large global traders. such as: Trademax, Peakward, Tradeland, Heidelburg, Cemcoa, Sun Shing… as before
Supas Vietnam Co daily newspaper. Ltd
Author: Elly Nguyen
Sales Manager of Supas VN
Contact whatsapp: +84 369 980 010