Brazil eight-month sales update

Brazil eight-month sales update
13 September 2017

Cement sales in Brazil for the first eight months of 2017 fell by eight per cent YoY to 35.7Mt, according to preliminary industry data gathered by Sindicato Nacional da Indústria do Cimento (SNIC).

In August 2017 alone, sales fell by 0.9 per cent YoY to 5Mt. Sales per working day were down by 0.9 per cent YoY but saw growth of 0.1 per cent compared to July 2017.

Cumulative 12 month sales
In the 12 months to the end of August 2017, cumulative sales totalled 54.3Mt, 8.8 per cent less than the comparative period of the previous year (September 2015-August 2016). However, president of SNIC, Paulo Camillo Penna, noted that the decline is a deceleration on the 9.8 per cent drop recorded between  January-July 2017 versus the year-earlier period.

Domestic consumption
Domestic consumption (including imports) totalled 5Mt in August, down one per cent YoY. In the rolling 12 months to the end of August 2017, demand fell by 8.7 per cent YoY.

Published under Cement News

Tagged Under: Brazil Consumption SNIC Dispatches