India reports rise dispatches

Indian cement dispatches registered 16.29Mt in February 2012, an increase of 9.8 per cent on February 2011, data from the Cement Manufacturers Association (CMA), shows. In terms of month on month (MoM) growth, February dispatches edged ahead to 16.29Mt from 16.25Mt in January 2012.

Production, meanwhile, reached 16.21Mt last month, representing an 8.9 per cent YoY increase (14.89Mt in Feb 2011). On a MoM basis, production slipped to 16.21Mt in February 2012 from 16.45Mt in January 2012.

Financial year-to-date figures (April 2011-February 2012) show that dispatches and production have both increased by six per cent YoY to 160.23Mt and 161.19Mt, respectively.