Business

Cement export exceeds yearly target

Vietnam exported 19 million tonnes of cement and clinker by mid-December, exceeding the set target by 4 million tonnes.
Vietnam exported 19 million tonnes of cement and clinker by mid-December, exceeding the set target by 4 million tonnes.

The volume raked in over 796 million USD, contributing sizably to the nation’s export turnover and ensuring trade balance.

The export price of cement and clinker stands at 43.155 USD per tonne,up 2 USD compared to previous years, which is equivalent to theregional rate.

A total amount of 49 million tonnes of cement were consumed within the country by the end of November.

According to Le Van Toi, Director of the Department of BuildingMaterials under the Ministry of Construction, the cement sectorfulfilled its yearly target early, by the end of November.

Hepredicted that the demand for Vietnamese cement consumption in bothdomestic and foreign markets will range between 71 and 73 milliontonnes, up 4-7 percent compared to 2014.

The need could be metas the total designed capacity of cement factories nationwide reaches 77million tonnes in the meantime.

In the ten-month period,Indonesia was the largest importer of Vietnamese cement and clinker witha value of 90 million USD, followed by Malaysia, Bangladesh, Taiwan(China), the Philippines and Cambodia.-VNA
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