Cement dispatches in Peru largely stable
Cement dispatches in Peru slipped 0.1 per cent YoY but increased 12.9 per cent MoM to 0.933Mt in August 2020, according to the country’s cement association, Asocem. Domestic pro...
Peru
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Cementos Pacasmayo begins terminal operations
Peru’s Cementos Pacasmayo has resumed operations from the port terminal of Yurimaguas, Loreto, distributing 60,000 bags of cement to Iquitos. The company operates in the port th...
Peru’s cement market recovers, exports remain low in July
Cement dispatches in Peru are recovering from COVID-19 disruption. In July 2020, 0.826Mt of cement was delivered to the domestic market, according to Asocem. While still 5.7 per...
Peruvian cement market expands in June
While cement demand in Peru rebounded in June 2020 to 678,000t when compared with 298,000t sold in May 2020, it remained 26.1 per cent below demand reported in June 2019 as the ...
Peru's cement demand to recover in 2H
Scotiabank forecasts a recovery in Peruvian cement consumption with 3Q demand expected to be close to 2Mt, double the demand reported in 2Q. "We estimate that domestic cement co...
Peru’s cement demand plummets by 69% in May
Cement consumption in Peru fell by 69.1 per cent YoY to 298,300t in May 2020, according to the country’s cement association, Asocem. Cement production fell by 70 per cent to 263...
Peruvian cement consumption plummets in April
Peru’s cement market sharply contracted to 5700t in April 2020, down from 883,000t in April 2019 and from 488,000t in March 2020, according to Asocem, the country’s cement assoc...
Cementos Pacasmayo reports 4% fall in revenue
Peru’s Cementos Pacasmayo has seen a 4.4 per cent YoY fall in revenue to PEN299.3m (US$88.88m) in the first quarter of 2020, against PEN313.2m in the 1Q19. Net income dropped 64...
Peru's Asocem reports 47% drop in domestic demand in March
Peru's cement market contracted by 46.8 per cent YoY to 0.488Mt in March 2020, according to the Peruvian cement association, Asocem. Of this total national dispatches accounted ...
Peru's cement producers see impact of COVID-19 crisis
The energy demand of Peruvian cement mills has reportedly fallen more than 90 per cent in recent weeks due to lower utilisation rates as a result of the COVID-19 pandemic. "They...