Cement News tagged under: Supply-Demand
Argentina records 6% fall in dispatches for August06 September 2019, Published under Cement NewsArgentina has recorded a 5.8 per cent YoY decrease in cement dispatches to 1.052Mt for August 2019, compared with 1.117Mt in the year-ago period. Domestic dispatches fell to 1.047Mt from 1.113Mt, while exports declined to 4230t from 4611t in August 2018. The country’s demand was met by domestic production and as such, no imports were recorded for the month. |
Indian cement demand growth forecast to slow in FY2003 September 2019, Published under Cement NewsGrowth in Indian cement demand is expected to slow to seven per cent in the FY19-20, against 13 per cent demand growth in the FY18-19, according to ICRA. However, average prices in the current fiscal year are likely to be higher while manufacturing costs will decrease. "We expect cement demand growth to taper off in the FY19-20 after a strong double-digit growth in the previous year. This is already being reflected in tepid growth in the 1QFY19-20, on the back of slowing of the project exe... |
Vietnamese production estimated to have risen 9% in August29 August 2019, Published under Cement NewsVietnam is estimated to have produced 7.9Mt of cement in August, an increase of 8.7 per cent YoY, according to the latest data from the country’s General Statistics Office. Therefore, the country’s total output in the first eight months of this year is likely to have advanced 7.6 per cent YoY to 63.1Mt. |
CNBM expects demand to increase in the 2H1927 August 2019, Published under Cement NewsChina’s CNBM is expecting domestic cement demand in the 2H19 to increase from the first half, alongside pricing improvements compared to the previous year, due to the traditional peak construction season being in the second half, according to Cao Jianglin, chairman. When asked about the potential impact of trade wars on the company business, Mr Jianglin noted that he foresaw a limited impact on the export business due to its internationalisation and factories located in the US, reports AA ... |
Nepal's cement producers recommend barring FDIs19 August 2019, Published under Cement NewsNepal’s cement producers have recommended barring foreign direct investments (FDI) in the sector during a discussion with Matrika Prasad Yadav, the Minister for Industry, Commerce and Supplies, according to The Rising Nepal. "We will have become self-reliant in cement and by the end of 2020, we will have product surplus. Bringing in more FDI in large cement industry will be suicidal for the existing businesses and the newcomers as well," said Dhruba Thapa, president of the CMA. However, ... |
Tajikistan's cement output up in 7M1916 August 2019, Published under Cement NewsTajikistan has announced that around 2.328Mt of cement was produced in the country over the first seven months of 2019. According to the Ministry of Industry and New Technologies, this is around 209,000t higher than in January-July 2018. In 2018, the Tajik cement industry produced over 3.844Mt of cement, a 23.3 per cent YoY increase. |
Malaysian consumption to remain subdued in 2H1915 August 2019, Published under Cement NewsMalaysian cement consumption is expected to remain subdued in the second half of 2019, as the construction and property development markets remain weak, according to Khairul Azizi Kairudin, an analyst for Hong Leong Investment Bank Research (HLIB Research). "Beyond 2019, we expect cement prices to recover gradually, as construction activities pick up (expected by 1H20). However, […] the expected pick-up next year will happen on a gradual basis as work contribution from mega project revival... |
Czech cement production increased 10% in 201814 August 2019, Published under Cement NewsThe Czech Republic’s cement output increased 9.8 per cent YoY to 4.43Mt in 2018, the largest amount since 2008, according to data from the country’s cement producers’ association. The production rise has been attributed to demand from the domestic construction industry and an increase in exports. Consumption advanced 7.7 per cent to 4.25Mt, compared with 3.95Mt in 2017. Cement exports surged by 36.4 per cent to 746,610t last year, with Slovakia accounting for around 60 per cent, Germany f... |
Vietnamese cement sector to reach 115Mta of capacity in 202023 July 2019, Published under Cement NewsVietnam is expected to have 89 cement production lines and a total capacity of 115Mta in 2020, according to the Vietnam National Union of Building Workers. In 2019 two additional lines are scheduled to begin operations. Nam Dong will commission a 1.8Mta unit in Thua Thien-Hue province and Thanh Thang Cement is expected to start up its 2.3Mta third line in northern Ha Nam province. A further five facilities are expected to open with a combined capacity of 12.7Mta in 2020. This includes Min... |
Turkish cement sales decline 41% in Jan-Apr 201905 July 2019, Published under Cement NewsTurkish cement sales in the local market declined 41 per cent YoY in the January-April 2019 period due to a weak housing market, the overall slowdown in the country’s economy and unfavourable weather conditions, according to Nihat Ozdemir, head of the Turkish Cement Manufacturers' Association (TCMB). In line with the demand issues, production fell 33 per cent YoY in the first four months of 2019. Mr Ozdemir also stated that the price of cement is currently around EUR35/t, which “is well be... |