Peru's cement market shows minor decline in August

In August Peruvian cement demand reached 0.868Mt, representing 4.3 per cent decline YoY, according to Asocem, the country's cement association.

To complement local output, around 43,000t of cement and 87,000t of clinker were imported.

Domestic output reached 0.922Mt, the supply surplus being largely absorbed by exports, which reached 0.05Mt in the same month. In addition to 54,000t of cement passing through the country’s border controls - a YoY doubling of volumes, some 22,000t of clinker (down 22 per cent) were delivered to overseas customers.

In the 12-month period to August 2016 consumption Peru noted a 1.5 per cent fall to 10.264Mt while output remained largely stable, up only slightly by 0.1 per cent to 10.78Mt. Exports reached 0.396Mt.