蜜臀av性久久久久|国产免费久久精品99|国产99久久久久久免费|成人精品一区二区三区在线|日韩精品一区二区av在线|国产亚洲欧美在线观看四区|色噜噜综合亚洲av中文无码|99久久久国产精品免费播放器

Profits of China's cement industry hit monthly high in April

Source: Xinhua| 2018-06-06 13:57:15|Editor: Liangyu
Video PlayerClose

BEIJING, June 6 (Xinhua) -- China's cement industry in April saw profits hit a record monthly high due to tight supply, industry data showed.

Profits in the cement industry totaled 14.7 billion yuan (about 2.3 billion U.S. dollars) in April, according to the China Cement Association.

In the first four months of the year, profits reached 33.7 billion yuan, up 220 percent year on year.

The profit surge came as the government reduced overcapacity in the sector and imposed production restrictions to fight air pollution, bringing cement supply down.

In the January-April period, nationwide cement output fell 1.9 percent year-on-year to 584 million tonnes, according to the National Development and Reform Commission (NDRC).

With stronger capacity controls, cement prices are likely to be kept at a high level even during the upcoming slack season, according to Zhongtai Securities.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001372343921