Cement News tagged under: Dispatches

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Saudi Arabia volumes down 19% in 7M17

14 August 2017, Published under Cement News

Saudi Arabia’s cement sales volumes have dropped by 19 per cent YoY to 28.3Mt during the first seven months of 2017, a report from Al Rajhi Capital reveals. The Saudi Cement sector report added that inventories stood at 33.6t. However, it pointed out that when looking at capacities, inventories and potential demand for each region, the northern region remains the weakest as current inventories represent 118 per cent of regional producers’ dispatches in the last 12 months. For the wester...

Saudi's subdued second quarter

11 August 2017, Published under Cement News

The Saudi Arabian cement industry is continuing to face headwinds with domestic producers reporting a tough second quarter amid the dual impact of lower cement demand and Ramadan season as well as weak price realisation. Welcome relief has come in the form of an increase in July sales and the potential effect of the government's decision to reduce cement export fees by half. Saudi cement producers reported subdued second quarter earnings as the industry has been affected by falling cement ...

Saudi cement sales rise 12% in July

09 August 2017, Published under Cement News

Cement sales of companies operating in Saudi Arabia recorded an increase of 11.53 per cent in July 2017. Sales rose to 3.49Mt in July 2017, compared to 3.13Mt during the same month of the previous year. The companies’ gross production grew by five per cent YoY to 3.37Mt in July 2017 from 3.2Mt, according to a monthly report issued by Yamama Cement Company. On the other hand, cement inventories decreased marginally by 1.96 per cent to 1.1Mt last month, compared to 1.12Mt in July 20...

Pakistan achieves monthly sales high

08 August 2017, Published under Cement News

Pakistan achieved record monthly sales in July, increasing by 44 per cent YoY to 3.382Mt during the month led by robust growth in domestic demand. Data from the All Pakistan Cement Manufacturers Association (APCMA) said local sales increased by 55 per cent YoY to 2.906Mt in July, while exports remained flat at 0.476Mt during the month. “The dispatch figures for July are most encouraging,” International News (Pakistan) quoted an APCMA’s spokesman as saying. “The industry has established...

Pakistan producers see mixed dispatch performance

19 July 2017, Published under Cement News

Pakistan cement producers recorded a mixed performance in total dispatches for FY17 as a double-digit decline in exports was witnessed. During FY17, which drew to a close at the end of last month, the industry recorded growth a four per cent rise in dispatches YoY to 40.267Mt. Of this total, local sales climbed eight per cent YoY to 35.604Mt, while exports fell by 21 per cent YoY. Dispatches by local producers for the 12 month period included: • Lucky Cement: 6.89Mt (-1 per cent YoY) •...

Expected decline in 2Q Saudi cement sales

14 July 2017, Published under Cement News

Saudi cement sales volumes are expected to have declined by 17 per cent YoY and 11 per cent QoQ due to a lower pace of project spending, Riyadh Capital writes in its latest preview report on the domestic cement sector. However, some welcome relief could come in the form of the government's decision to reduce the export tariff by 50 per cent, the research house adds. The Saudi cement industry has been affected by falling cement prices and lowering demand amid the ongoing supply glut. Dispatc...

Pakistan full-year growth slows

10 July 2017, Published under Cement News

Pakistan dispatched 40.315Mt of cement of during fiscal year 2016-17, up 3.71 per cent YoY, the latest data from the All Pakistan Cement Manufacturers Association (APCMA) shows. Capacity utilisation for the year was 86.9 per cent.   During the July 2016-June 2017 period domestic cement dispatches from the north zone were 29.141Mt (+7.72 per cent) and exports were 3.150Mt (-18.22 per cent). Meanwhile, dispatches from the south zone rose by 9.47 per cent YoY to 6.511Mt. However, exports were...

Saudi five-month cement sales down 18.7%

15 June 2017, Published under Cement News

Saudi cement sales fell by 18.7 per cent YoY in the first five months of this year to 22.6Mt, while clinker output was down 11.3 per cent, according to the Saudi Cement Sector Monthly by Al Rajhi Capital. Northern Cement and Najran Cement reported the steepest declines during the period, with reductions of 50 and 43 per cent, respectively. Al Rajhi Capital said in the report that demand is unlikely to pick up in the remainder of the year given that construction activity is expected to ...

Vietnam Jan-May sales up 6%

07 June 2017, Published under Cement News

Vietnam sold 33.27Mt of cement in the first five months of this year, an increase of six per cent YoY, fulfilling 41.58 per cent of the whole-year target, the country's Ministry of Construction said. The volume included 24.76Mt of domestic sales, up one per cent YoY, and 8.5Mt of exports, the ministry added. However, local cement producers have encountered difficulties in promoting exports of their clinker and cement due to export duties. These have directly affected domestic cement p...

Pakistan's positive nine-month performance

22 May 2017, Published under Cement News

The Pakistan cement industry has demonstrated a good performance in the first nine months of the current fiscal due in part to an acceleration of private sector construction activity, the commencement of work on mega housing schemes and projects across the country and the partial materialisation of budgeted Public Sector Development Programme projects. Consequently, the cement industry saw growth of 7.19 per cent YoY over the July 2016-March 2017 period, and increased by 7.10 per cent in...