Demand rises in South Sumatra’s capital, Indonesia

Demand rises in South Sumatra’s capital, Indonesia
Published: 23 July 2010

Demand for cement in South Sumatra’s provincial capital Palembang has been on the rise over past two days where many buyers come from outside the city, traders said.

"Buyers from outside the city came here with trucks or private cars to purchase cement and other construction materials," a trader on Jalan A Yani said on Tuesday.

He said that each of the buyers purchased an average of 24 sacks of cement. But price was still stable at Rp50,000 (US$5.5) per sack for cement produced by PT Semen Baturaja and Rp48,000 per sack for cement produced by PT Semen Padang.