China Knowledge reported that China's cement output grew 8.7% YoY in August this year
According to the latest statistics released by the National Development and Reform Commission, in the first eight months, the country's cement output amounted to 1.38 billion tonnes, up by 5.9% YoY
At the end of last month, the cement inventory of major cement enterprises increased 6.4% YoY to 13.46 million tonnes.
The profit of the cement sector plunged 53.1% YoY to CNY 26.1 billion.