China ramps up cement imports
China’s demand for imported cement is rising as its domestic industry puts on the brakes in a bid to reduce pollution. The imports are mainly from Vietnam, with some shipments from the United Arab Emirates, helping to support the smaller bulker sizes, according to brokers Braemar
The move by China to source cement from Vietnam could have a double boost for dry bulk, as Vietnam would require more coal in the energy-intensive process of cement production, according to Braemar research
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