Indonesia monthly sales rise 12%

Indonesia monthly sales rise 12%
22 May 2012

Indonesia's domestic cement sales rose 12 per cent in April from a year ago, data from the country's biggest cement producer PT Semen Gresik Tbk showed on Tuesday.        

Sales volumes in April were 4.2Mt, down 4.5 per cent from a month earlier, according to the data. Most sales were on the islands of Java and Sumatra.        

For the first-quarter of 2012, cement sales were up 18.2 per cent YoY to 12.5Mt, continuing the positive growth trend. Total domestic cement sales in 2011 reached 47.9Mt, a YoY rise of 17 per cent and growth is expected to carry on this year as the country endeavors to meet its ambitious housing and infrastructure requirements.

Published under Cement News