Where are Chinese cement exports heading into 2024?

Same cause, same effects? With China’s property crisis still unravelling, with more developers ordered to…

A chart displaying the evolution of Chinese Cement Exports over a 5-year period, with separate graphs for the last 3 years, utilizing colors from the IG color palette.

… liquidate in Hong Kong this week, slower construction sector in China has also impacted cement producers. In top of cutting production since 2021 by 25%, cement exports rose +70% to 1.6Mt during Jan-Apr with potential to grow further, as the volume corresponds to just 0.3% of China’s total production of 511Mt over the same period and less than 25% of exports during the previous real-estate crisis in 2016.

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