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The first quarter of glass investment increased

Post Time:May 08,2008Classify:Industry NewsView:362

According to the data issued by the National Development and Reform Commission on May 5th, in the first quarter of this year, China's building material industry has increased the investment with fixed assets by nearly 50 percent.

It’s analyzed that because of price increases, improved benefits and reconstruction after snowstorm, China's building material industry accelerated its investment in the first quarter.

By the promotion of rising prices of raw materials and the pull of market demand, prices of building materials was rising, which fluctuated greatly in some areas. According to the data provided by the Association of Building Materials, the average prices of glass and cement were year-on-year increased by 9.5% and 11.9%on March.

In addition, production, sale and benefit of building materials have also increased greatly.

Source: GlassInChinaAuthor: admin

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