Peru records stable 4M14 cement deliveries

Peru’s domestic cement dispatches reached 3,279,640t between January and April 2014, edging up 0.1 per cent YoY, according to the country’s cement association, Asocem.

Cement output followed a similar trend, totalling 3,344,562t over the period with producers shipping 3,349,510t – including exports – in the first four months of the year, representing a 0.13 per cent increase YoY.

According to Pablo Otero, analyst at Maximixe, the rise in dispatches reflects the dynamism in both public and private construction investments, particularly in housing.