Cement News tagged under: Consumption
Peru’s cement demand edges down in January16 February 2016, Published under Cement NewsCement consumption in Peru slipped by 0.4 per cent YoY from 816,000t in January 2015 to 813,000t in January 2016, according to the country’s cement association, Asocem. In addition, clinker exports reached 28,000t, down 69 per cent, while cement exports fell by 29 per cent to 29,000t during the first month of 2016. On the supply side, production increased 0.1 per cent from 857,000t to 858,000t. Cement imports totalled 50,000t, up 13 per cent YoY, while 44,000t clinker was also imported.... |
Kenya November 2015 demand down 5.5%11 February 2016, Published under Cement NewsCement consumption in Kenya fell by 5.5 per cent from 520,833t in October to 492,340Mt in November 2015, according to the Kenyan Bureau of National Statistics. Output decreased 4.8 per cent to 522,446t in November from 547,509t the previous month. For the first 11 months of 2015, domestic demand reached 5.138Mt while production totalled 5.743Mt. |
PCA: low crude prices impact oil well cement consumption09 February 2016, Published under Cement NewsWith oil prices having declined dramatically since mid-2014 due to a combination of global supply and demand issues, the implications for the US economy, as well as for cement consumption have been significant, writes the PCA. It cautions that if oil prices stay near US$30/bbl or lower several consequences to cement consumption could arise that would impact the fall forecast projections. Given the complex nature of forecasting energy prices, PCA relies on projections from the Energy Inform... |
Argentina monthly demand down 7.5 per cent YoY08 February 2016, Published under Cement NewsArgentina’s cement demand fell 7.5 per cent YoY and eight per cent MoM to 858,453t in January 2016, according to figures published by AFCP, the country’s cement association. Exports plunged by nearly 74 per cent YoY from 16,589t in January 2015 to 4334t, the data also showed. |
Uptick in Indian demand expected from next fiscal02 February 2016, Published under Cement NewsCement demand in India is likely to see an uptick in the next financial year starting 1 April on expected pick-up in construction and housing activity as well as improvement in rural demand, says Reliance Securities. Though demand improved in January, pricing remained dismal due to oversupply and the attempt by new entrants to increase market share, the brokerage adds. But that should slow and construction demand recovery, improving industry profitability in the longer term, Reliance says. |
Colombia: dispatches up 12.5% in December 201501 February 2016, Published under Cement NewsCement deliveries in Colombia rose by 12.5 per cent YoY to 1.107Mt in December 2015, according to the latest data by the country’s statistics office, DANE. Construction companies and contractors mainly fuelled the increase as their segment expanded by 27.9 per cent. Grey cement production reached 1.210Mt, up 7.2 per cent when compared with December 2014. Domestic deliveries increased by seven per cent YoY in 2015 to reach 12.807Mt. Output by the country’s cement producers rose by 6.2 ... |
Spain: demand up 5.3% in 201528 January 2016, Published under Cement NewsCement consumption in Spain has increased by 5.3 per cent to 11,408,287t in 2015, according to Oficemen, the country's cement association. Variability in the second half of the year depressed annual growth. Exports have also fallen in 2015 and were 4.4 per cent lower YoY at 9,233,979t. "During these years of hard crisis, exports have been the only lifeline to compensate for the loss of domestic demand. However, it is increasingly difficult for our industry to compete in foreign markets, m... |
Jordan cement demand at 4Mta in 201528 January 2016, Published under Cement NewsJordan’s consumption of cement declined to 4Mt in 2015, down by 300,000t from a year earlier due to weaker construction activities and government projects, the head of the Future Society for Cement Traders, Mohammed Ghazi Abu Soufa, said. He added that production capacity of cement plants reached 10Mt. Only a small surplus is exported due to closing borders with Syria and Iraq. (Source: Mubasher Info) |
PT Indocement26 January 2016, Published under Cement NewsDespite cement sales in Indonesia being forecast to rise by around 10 per cent YoY in 2016, increased competition and rising production capacity will have an adverse effect on cement producers’ profit margins, according to Indonesian securities brokerage firm Ciptadana Securities. At least seven new plants are expected to push the country’s installed production capacity to over 90Mta by the end of this year, compared to 77Mta at the start of 2015. 2015 was a disappointing year for the cou... |
PCA Regional Forecast: coasts to see strongest cement consumption growth26 January 2016, Published under Cement NewsPCA's recently released Winter 2015-16 State Forecast maintains expectations for the strongest rates of cement consumption growth to occur in the West with YoY growth of six per cent. The South (4.3 per cent) and Northeast (4.2 per cent) are expected to grow roughly in line with national averages for 2016. The Midwest (2.0 per cent), undermined by weak commodity prices, is projected to expand at a sub-national rate. On a Census Division basis, the Pacific (6.5 per cent), South Atlantic (6.3... |