Cement sales reached nearly 2.7 million tons in 2010, and 260,000 of that just in November, figures which most accurately evaluate the health of the country’s construction industry.
Cement sales and consumption were around 5.3% higher this year, climbing from a demand of nearly 2.7 million tons last year to nearly 2.8 million tons in 2010.
The Dominican Cement Producers Association’s optimism with the industry’s first quarter performance wasn’t in vain, as demand rose an average of 11,900 tons daily.
Daily consumption however, fell 10,600 tons from June to November, a decline as high as 10%, a noticeable lull in demand between one quarter to another.
The cement makers revealed that the highest consumption was mostly in bulk sales (77% versus 23% for bagged), which in its view suggests that the current large construction works spurred the growth of the demand.
They added that while they don’t expect considerable changes by yearend, they do expect 2011 to be a year of many challenges for the cement sector and the construction industry.
Source: Dominican Today
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