• Cement, glass prices drop in first quarter
  • http://www.cementchina.net [2010-5-24]
 

The prices of construction materials such as cement and plate glass have fallen in China, a result of policies to curb the over-heated property market.

According to the Ministry of Industry and Information Technology, the leave-factory price of cement was 277.7 yuan a ton in April, down 0.8 yuan from the previous month. The price of plate glass dropped for a second month in April. Both industries face the problem over-capacity. In the first half of 2008, the plate glass industry suffered a 400-million yuan loss, due to the sagging property market then. Now a cooling property market is once again putting the pressure on the industries.

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