Cement News tagged under: Supply-Demand

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Belarusian Cement Co sees sales rise 105% in 5M20

06 July 2020, Published under Cement News

Belarusian Cement Co produced 1.835Mt of cement in the January-May 2020 period, an increase of 104.7 per cent YoY. Total domestic sales also advanced 112.1 per cent YoY. Belarusian Cement Mill dispatched 656,600t of cement (up 3.6 per cent YoY), including 407,800t of domestic sales (up 13.8 per cent). OAO Krasnoselskstroymaterialy reportedly sold 568,300t of cement in the 5M20, climbing 110.2 per cent. OAO Krichevtsementnoshifer also saw sales rise 109.6 per cent YoY to 465,000t. Through t...

Cement production falls 29% in Fiji

01 July 2020, Published under Cement News

In the Reserve Bank of Fiji’s economic review for June 2020, it has found domestic cement production to have fallen 28.7 per cent YoY in the 5M20. The results have been largely attributed to weak demand. Cumulative domestic cement sales also declined 18.8 per cent YoY in the year up to May 2020.

Saudi Arabia records 10% demand increase in 5M20

25 June 2020, Published under Cement News

Saudi Arabia’s cement sector has reportedly seen a 10 per cent YoY demand growth in the first five months of 2020, according to Al Rajhi Capital. Qassim Cement and Yanbu Cement saw the highest YoY increase of 21 and 18 per cent, respectively, for the combined period of April and May. However, when comparing the first two months of 1Q20 with the first two months of 2Q20, volumes have declined by almost 50 per cent. "We estimate that for the next couple of years, the industry will wit...

China's cement production rises 9% YoY in May

19 June 2020, Published under Cement News

Cement production increased to 248.69Mt in May 2020, up 11.3 per cent from April and 8.6 per cent from the corresponding period last year, according to the South China Morning Post. The recovery has been attributed to resumed and stronger construction activity, following the lifting of the restrictions put in place by the government control the spread of the coronavirus outbreak earlier this year. However, going forward cement production is expected to peak in June due to the summer ra...

Indian demand decline slows in May

19 June 2020, Published under Cement News

Despite expectations of a significant decline, Indian cement dispatches are estimated to have only fallen by 15-20 per cent in May, compared with an 80-86 per cent drop in the previous month. The positive development has been attributed to pent-up retail demand and the resumption of some construction projects. Cement prices have also been reported to increase by 0.8 per cent MoM in June, according to IDBI Capital Markets & Securities. However, the prices may begin to dip in the coming mont...

Indian prices expected to rise as demand falls

20 May 2020, Published under Cement News

Indian cement prices are expected to rise by INR15-20/bag (US$0.19-0.26) due to supply constraints, despite dealers across the country expecting demand to fall by 30 per cent on the back of stalled construction projects, reports analytics agency Crisil. However, over the medium term, the price hike is expected to be rolled back due to the low demand and rising competition. The delay in construction work is expected to be anywhere between 4-6 months, depending on the lockdown outcomes. ...

Kenya's cement consumption recovers in January

29 April 2020, Published under Cement News

Kenyan cement consumption reached a 17-month-high in January 2020, according to the Kenya National Bureau of Statistics (KNBS). Demand hit 528,904t during the month and marked the second straight month of recovery. The last time consumption was above this level was in August 2018 at 531,119t. The recovery is expected to relieve pressure on cement producers in the country which has seen new capacity come onstream despite declining demand. Bamburi Cement’s Managing Director, Seddiq Hassa...

Georgia's building materials companies continue production

09 April 2020, Published under Cement News

Georgia’s government has published a list of industries that can continue to work in compliance with  epidemiological safety rules, with construction companies and building material manufacturers included in the list, reports Trend News. According to the decision, infrastructure projects will continue throughout the country. Paata Nikvashvili, director of Magnum Group, says the company's main task is to provide infrastructure and construction projects with cement. "From the beginning o...

Indian cement demand could fall 20-25% in FY21

08 April 2020, Published under Cement News

Indian cement demand is expected to fall by 20-25 per cent in the current fiscal year (FY20-21) if the COVID-19 pandemic is not contained by May and construction activities only begin in the second quarter, said analytics agency Crisil. However, assuming the lockdown and other social distancing measures continue until the end of April and construction activity resumes in mid-May, the agency stated that the fall in demand could be 10-15 per cent. Capacity utilisation rates are also expected...

Pakistan's producers see daily offtake fall

01 April 2020, Published under Cement News

Cement factories located in Sindh province, Pakistan, have seen their total dispatches decline to 3500tpd from 20,000-22,000tpd before the coronavirus outbreak. Likewise, cement manufacturing plants in the north of the country registered an almost 75 per cent decrease in dispatches. Daily average cement offtake fell to 30,000-35,000tpd from 135,000-140,000tpd. Elsewhere, exports slipped 93 per cent to an average of 1,000-1,500tpd from 20,000-22,000tpd. Industry officials have said c...