Cement News tagged under: consumption
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... |
Dominican Republic cement market expands 5% in 1H1921 August 2019, Published under Cement NewsCement sales in the Dominican Republic increased 5.2 per cent YoY in the January-June 2019 period, according to the country’s cement association, Adocem. Output from domestic cement plants rose by 2.7 per cent YoY to 2.812Mt in the same period. For the full-year, forecasts indicate that cement production will increase by eight per cent YoY to 4.8Mt in 2019. "The Dominican Republic has gone from being a net importer of cement to being self-sufficient and exporting approximately 20 per cent... |
Peruvian cement market expands 9% in July20 August 2019, Published under Cement NewsPeru’s cement consumption increased 9.1 per cent YoY to 983,000t in July 2019 when compared with the previous-year’s equivalent month, which saw demand at 901,000t, according to the country’s cement association, Asocem. Output from Asocem members edged up by 4.9 per cent to 858,000t in July 2019 when compared with an output of 818,000t in July 2018. Domestic supply was supplemented by 52,100t of cement, down 35 per cent YoY from 80,600t in July 2018 while clinker imports disappeared from ... |
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... |
Chile’s cement deliveries fall 11% in June13 August 2019, Published under Cement NewsChilean cement dispatches in June declined 10.6 per cent to 291,979t from 326,681t in June 2018, according to the Chilean Construction Chamber (CChC). When compared with the previous month, the drop was 15.4 per cent. In the first half of 2019, total cement dispatches in the South American country reached 2,065,205t, representing a 4.9 per cent increase when compared with the 1H18, when 1,969,372t was delivered. |
Brazil cement market expands 8% in July12 August 2019, Published under Cement NewsBrazilian cement sales increased 8.1 per cent YoY to 4.953Mt in July 2019, according to the country’s cement association, SNIC. The market expanded most in the south, advancing by 11.2 per cent to 827,000t, followed by the central-west by 10.9 per cent to 579,000t. The southeast, Brazil’s largest market, expanded by 9.1 per cent to 2.406Mt YoY, while the country’s smallest market, the north, saw offtake expand by 7.8 per cent to 221,000t. In the northeast, sales edged up by 1.4 per cent t... |
Argentine cement demand up 5% in July08 August 2019, Published under Cement NewsTotal cement consumption in Argentina in July 2019 increased 5.1 per cent YoY to 1,000,711t, according to the country’s cement association, AFCP. The market requirement was entirely supplied by domestic plants, unlike in July 2018 when 2540t of cement was imported. Production from Argentine plants during July 2019 reached 1,003,869t, up 5.4 per cent when compared with July 2018. This includes 3158t of exports, which represents a YoY rise of 18.3 per cent. January-July 2019 In the year ... |
Colombian market expands 4% in June08 August 2019, Published under Cement NewsDomestic dispatches in Colombia advanced by 3.8 per cent from 0.943Mt in June 2018 to 0.979Mt in June 2019, according to DANE, the country’s statistics office. Bolívar and Meta saw deliveries rise by 31-32 per cent YoY, while Valle del Cauca’s market expanded by 25.1 per cent. Casanare noted 12.6 per cent higher sales and both Antioquia and Santander saw dispatches up by 8.2 per cent when compared with June 2018. Smaller gains were noted by Córdoba (7.9 per cent), Huila (5.8 per cent), Ces... |
Vietnamese market stable, exports slip in June07 August 2019, Published under Cement NewsVietnamese cement companies sold 7.497Mt of cement in June 2019, down four per cent YoY and 12 per cent MoM, according to the Vietnam National Cement Association (VNCA). Of this total, 5.645Mt were supplied to the domestic market, reflecting a stable market when compared with June in the previous year and a five per cent fall MoM. In addition, 1.851Mt were exported, down 16 per cent YoY and 27 per cent MoM. VICEM delivered 1.849Mt to Vietnamese customers, edging up by two per cent YoY but ... |
Sailing through high seas06 August 2019, Published under Cement NewsPakistan’s cement producers are sailing through high tides as domestic demand succumbs to macroeconomic pressures, manufacturing costs rise and utilisation levels look set to weaken with the addition of new capacities. Exports are providing a much-needed cushion, as is the shift towards reducing costs and improving operational efficiencies. By Syeda Humaira Akhtar, BMA Capital Management Ltd, Pakistan. Against a backdrop of lower domestic demand and higher production costs, Pakistan p... |