Argentina sees 1.6 per cent drop in domestic cement dispatches

Argentina’s cement market decreased 8.8 per cent MoM and 1.6 per cent YoY to 1,007,207t in November 2016, according to the country’s cement association, AFCP.

In addition, around 5,898t of cement were imported, representing a 0.7 per cent fall MoM but a 36.5 per cent rise YoY. However, domestic cement producers were able to increase export sales by 32.8 per cent MoM and 85.4 per cent YoY as 10,663t of cement crossed national borders.

For the first 11 months, the domestic cement market contracted by 11.7 per cent YoY to 9.862Mt from 11.167Mt in 11M15. Imports also fell to 21,048t in 11M16 from 24,962t in 11M15.  Exports dropped 16.4 per cent from 85,352t in 11M15 to 71,323Mt one year later.