Wednesday, July 20, 2011

INDONESIA: expects cement demand to surge in July

Cement demand in Indonesia are expected to rise in July, as builders rush to complete projects before the onset of Ramadan or fasting season, a report from Primair said.

"The sales of cement during fasting is estimated to be fall because construction activity will likely decrease," said Chairman of the Indonesian Cement Association, Urip Timuryono said.

Urip mentioned, most of the development on property projects and infrastructure will be done by July so that cement sales in this month is expected to soar.

As of June 2011 cement sales increased by 20% to 4.1 million tons. ASI noted, cement sales figures throughout the first half of 2011 rose 15% to 22.4 million tons, the report said.



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