Concrete firms face quandary
Print Edition
CHINA’S concrete producers are facing a quandary of more expensive raw materials amid tighter environmental rules and intense competition which is pushing prices lower, experts said at the World of Concrete Asia 2017 exhibition in Shanghai yesterday.
Prices of cement, sand and gravel – raw materials in concrete – have surged over the year so that one ton of cement now sells at over 500 yuan (US$76) in China, up from around 340 yuan one year ago, said Kevin Gan, president of Ambuild Innovative Road Materials Inc, a domestic concrete and coatings producer.
Meanwhile the aggregate price of sand and gravel is between 130 yuan and 140 yuan per ton in Shanghai, “jumping over 90 percent from the beginning of the year,” said Li Hua, chairman of caggregate.com, a domestic sand and gravel market consultancy.
But producers are paid 800 yuan for paving one square meter of pervious concrete while two years ago it cost 1,500 yuan per square meter.
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