Domestic cement sales up 2.6 per cent, Indonesia

Domestic cement sales up 2.6 per cent, Indonesia
18 October 2006

Indonesia’s domestic cement consumption rose 2.6 per cent to 3.2Mt in September compared to a year ago, data from the country’s cement association showed on Wednesday. 
The country’s cement sales have been declining overall this year as the economy has slowed following a government decision to sharply hike domestic fuel prices last October to scale back costly energy subsidies. 
Sales in the country’s main island of Java from all producers edged 0.3 percent higher to 2.01Mt. 
Despite the increase in September sales, year-to-date total sales were down 2.1 percent to 23.6Mt from a year ago.
Some industry experts expect the industry to have flat to lower growth in 2006 compared to last year’s 31.51Mt when volumes expanded by 4.9 per cent.   
Published under Cement News