Indonesia consumption jumps 52 per cent in November
Indonesian cement consumption rose to 3.2Mt in November, a 52.4 per cent increase on the previous year.
Month-on-month, cement consumption in November rose 29.7 per cent, Urip Timuryono, chairman of the association of cement producers (ASI) said.
"The surge year-on-year was attributable to a delay in rainfall which normally starts in October," Timuryono said, explaining that the delay increased sales in construction projects.
"The cut in interest rates initiated by the central bank also contributed to an increase in sales in building material," he said.
Altogether, cement sales in the country rose to 29.05Mt in the first 11 months of this year from 28.84Mt in the same period last year.
Published under Cement News
