Cement News tagged under: consumption
Indonesia: a return to higher ground?16 January 2015, Published under Cement NewsAs Indonesia’s cement sales growth disappointed last year, the industry is hoping a revival of government infrastructure spending will help overcome recent challenges and return demand levels to higher ground. From strong double-digit growth rates experienced in the 2011-12 period, Indonesian cement volume expansion has been slowing over the past two years. Latest industry figures show that Indonesian cement sales increased by just 3.6 per cent in 2014, dragged down by higher interest rat... |
The year ahead...12 January 2015, Published under Cement News2015 has got off to something of a bumpy start with sharply-declining oil prices (below US$50/bbl at the time of writing), on-going geopolitical risks (eg Russia and Syria), and economic uncertainty in some key regions, most notably the eurozone. China will continue to be the focus of attention as its government tries to engineer a smooth transition from an investment-driven to consumption-led economy. This will have big implications for cement demand, which has been a major beneficiary of ... |
Indonesia: 2014 cement sales fall short of expectations12 January 2015, Published under Cement NewsIndonesian cement sales fell short of expectations last year, increasing by 3.6 per cent YoY to 59.9Mt, according to the latest data from the Indonesia Cement Association (ASI). Including exports, total sales increased by three per cent to 60.174Mt. Cement exports were upby 30.5 per cent to 220,284t while clinker exports fell 88.7 per cent to 44,878t. Java remained the largest cement consumption market, accounting for 33.7Mt of sales (+4.1 per cent), followed by Sumatra with 12.4Mt (+2.2 p... |
Stronger markets in 2015?09 January 2015, Published under Cement NewsWhat does 2015 have in store for the cement sector? After three relatively poor years in terms of global construction expansion, Morgan Stanley (UK) predicts a tentative recovery in world consumption in spite of a significant slowdown in China, according to new analysis published in International Cement Review. Morgan Stanley expects global cement demand, inclusive of China, to rise to 2.8 per cent in 2015, marginally up from the 2.5 per cent growth recorded in 2014, which was the ... |
Argentine cement market contracts 3.5 per cent in 201408 January 2015, Published under Cement NewsIn December 2014, Argentina’s cement demand fell 10.4 per cent MoM and 2.5 per cent YoY to 892,313t, according to the latest data from AFCP, the Argentine cement association. The country’s cement producers supplied 905,306t of cement, including exports, registering a MoM drop of 10.4 per cent and 2.4 per cent YoY. For the full-year, domestic demand reached 11,271,399t, down 3.5 per cent when compared with 2013. Imports fell from 5431t to 2499t, down 54 per cent. Argentina producers also... |
Spain: November demand up, 2014 largely stable19 December 2014, Published under Cement NewsCement consumption in Spain rose 2.7 per cent in November to 902,312t, according to the latest data of Oficemen. The November data take domestic consumption in the first 11 months of 2014 to 10,009,922t, slipping by 0.3 per cent on the previous year’s figure. The cement association expects full-year demand to reach just below the 11Mt mark, similar to consumption recorded in 2013. Although Spain’s market is showing signs of stabilisation, Oficemen president, Isidoro Miranda, said acti... |
Peru: November dispatches up 3.6%18 December 2014, Published under Cement NewsPeru’s November cement dispatches remained stable MoM at 928,981t, according to Asocem, the country’s cement association. However, YoY figures show a 3.6 per cent rise. Production increased 2.8 per cent from 945,992t in October to 972,529t in November. November exports reached 26,625t of cement, up 14.6 per cent YoY, and 27,501t of clinker (from a zero base in 2013. In the January-November 2014 period, domestic deliveries increased 0.57 per cent YoY to 9,460,630t. Production expanded b... |
India: a new dawn arises17 December 2014, Published under Cement NewsAfter five long years of limited demand growth, India’s cement producers are poised to make the most of the domestic market recovery underway. There have also been cement pricing improvements which are expected to lead to better profitability. While regional variations exist in terms of supply and demand as well as on the pricing front, a generally more positive mood now prevails. An improved demand outlook is on the horizon for the Indian cement industry with growth of almost nine... |
Indonesian: expected sales rebound ahead11 December 2014, Published under Cement NewsIndonesian cement demand growth is expected to slow in 2014 but sales are anticipated to rebound next year as new projects get underway. For full-year 2014 the Indonesian Cement Association (ASI) expects sales to rise by four per cent, down from the 5.8 per cent achieved last year. The slowdown has been attributed to regional and national elections delaying infrastructure projects, high interest rates and weakening purchasing power. Forecasts for Indonesian cement sales in 2015 are mor... |
French producers see home and export markets contract05 December 2014, Published under Cement NewsThe French cement market continues to contract with the country’s cement association, SFIC, released its provisional November 2014 data. Market demand fell 11.8 per cent YoY to 1.347Mt against a 10.6 per cent YoY drop noted the previous month, when domestic cement sales reached 1.726Mt. However, for the year to date, decreases in France’s cement demand are more moderate. The first 10 months saw a fall of 4.8 per cent to 15.652Mt from 16.449Mt in 10M13. Provisional 11M14 data indicate a lar... |