PT Indocement - May 2017
Indonesia’s domestic cement consumption increased by just 0.5 per cent YoY in the 1Q17, according to PT Indocement. The company’s domestic sales volume fared little better, improving by 0.7 per cent over the same period. Its market share fell from 26.9 per cent in the 1Q16 to 25.6 per cent in the 1Q17 due to heavy competition from both existing and new players.