Argentina’s producers see sales rise 14% in 1H11

Argentina’s producers see sales rise 14% in 1H11
Published: 08 July 2011

In June, Argentine cement producers shipped 921,573t, 8.6% less than in May but noting a 12.5% increase YoY, says Association of Portland Cement Manufacturers (AFCP).

According to its provisional data, domestic deliveries contracted 9.8% to 890,588t during the month when compared with May.

The first six months of 2011 saw cement sales rise by 14.1% YoY to 5.514Mt. The national market fared slightly better as it showed a 15% rise to 5.388Mt.

For the full year, AFCP expects cement sales to reach 11.008Mt, a 5.2% improvement on last year’s 10.462Mt, which represented a 10.7% advance on 2009.