Argentine domestic dispatches down 4% YoY in June

/0 Comments/in /by

Argentine domestic dispatches down 4% YoY in June

10th july 2018

Argentina’s cement market contracted by 3.5 per cent to 970,978t in June 2018 from 1.007Mt in June 2017, according to the latest data from AFCP, the country’s cement association.
Output from the country’s cement plants slipped 2.8 per cent to 973,743t from 1.002Mt in June 2017. Of this total, 968,676t was delivered to domestic customers, down three per cent when compared with 998,478t in June 2017.
However, exports were up 35.7 per cent to 5067t in June. In June 2017 the country’s cement producers delivered some 3734t to export customers.
In addition, domestic production was supplemented by 2302t of imports, just over a quarter of an import volume of 8188t noted in June 2017.
January-June 2018
For the first half of 2018, Argentine cement consumption advanced 7.1 per cent to 5.913Mt from 5.519Mt in 1H17. Total production reached 5.889Mt, up 6.5 per cent when compared with 5.527Mt in the first six months of the previous year.
Domestic deliveries increased by 6.5 per cent YoY to 5.85Mt from 5.491Mt in 1H17. Exports rose to 38,825t over the six-month period, up 7.2 per cent from 36,227t in 1H17.
Around 62,878t of cement was imported into the South American country, representing a 23.2 per cent YoY increase. In 1H17 28,166t of cement was imported.
Source: CEMNET

Vietnamese consumption rises 30% YoY in June

/0 Comments/in /by

Vietnamese consumption rises 30% YoY in June

10th july 2018

Vietnamese cement consumption has increased 30 per cent YoY to 8.71Mt in June, according to the Construction Materials Department of the Ministry of Construction. Approximately 6.91Mt was sold domestically (up 29 percent YoY), while 1.8Mt was exported (up 35 per cent YoY).
Consumption in the country rose 25 per cent YoY in the Jan-June 2018 period, rising to 51.42Mt. Exports reached 15.42Mt in the six-month period, meeting 85.6 per cent of the target volume for the year.
Source: CEMNET

India’s FY19 cement output to rise 6% YoY: ICRA

/0 Comments/in /by

India’s FY19 cement output to rise 6% YoY: ICRA

10th july 2018

With a recovery in the affordable and rural housing markets and infrastructure construction picking up, India’s domestic credit rating agency ICRA expects cement production in India to rise by six per cent in FY19.
However, rising input costs will continue to dampen company profits.
Output from India’s cement plants reached 298Mt in FY18, a 6.3 per cent rise when compared with the 280Mt. The main share of this growth took place in the second half of the financial year as key markets registered a higher demand.
ICRA expects 19-22Mta of capacity to be added in FY19, primarily in the eastern part of the country. While lower than in the previous financial year, the capacity growth, when combined with market demand, will result in utilisation levels to remain below 70 per cent over the next two years.
Source: CEMNET

Moroccan cement market contracts 5% in 5M18

/0 Comments/in /by
Read more