PT Indocement - June 2014

With Indonesia due to hold its presidential elections on 9 July, the country’s cement producers will be bracing themselves for a drop in cement demand if April was anything to go by. According to the Indonesian Cement Association (ASI), cement sales fell 0.4 per cent in April due to the legislative elections, which prompted many companies to put construction projects on hold. Sales picked up again in May, rising 7.7 per cent to 5.2Mt, and the ASI remains confident that sales will see an expansion of eight per cent to 62Mt nationwide this year, driven primarily by government infrastructure projects. 

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