Indonesian monthly consumption down 6.2%

Indonesian monthly consumption down 6.2%
17 March 2015

Indonesian cement consumption during February 2015 fell by 6.2 per cent YoY to 4.2Mt, latest data from the Indonesia Cement Association (ASI) shows.

For the first two months of the year, demand declined by 1.2 per cent YoY to 9.07Mt. Consumption was down in the main market of Java by 1.3 per cent, while reductions were also seen in Sumatra (-7.7 per cent) and Sulwesi (-6.3 per cent). Increases were recorded in Kalimantan (+6.8 per cent) and Nusa Tenggara Timur (+5.5 per cent).

The slowdown is being attributed to adverse weather (with the rainy season usually lasting until at least April/May) as well as the slow implementation of government infrastructure projects.

Year-to-date cement exports were 76,755t compared to 14,955t, all undertaken by Semen Padang and Semen Tonasa. There were no exports of clinker during the period.

Published under Cement News