Quarter two domestic cement sales down 5.1%

Domestic cement sales declined by 5.1% year-on-year to 3.04-million tons during the three months ended June 30.

The second-quarter sales were, however, higher than the 2.48-million tons sold during the first quarter, which reflected a 5.4% year-on-year drop.

The sales volume for the year to date, at 5.52-million tons, was also 5.2% lower than the 5.82-million tons sold during the first two quarters of 2013.

Meanwhile, second-quarter selling days, at 59, were down 4.8% year-on-year, after having increased by 1.6% year-on-year to 62 days during the first quarter.

This translated into sales a day falling by 0.2% year-on-year to 51 505 t during the three months ended June.

The volumes reported included PPC sales figures in conjunction with those of Lafarge, AfriSam, NPC, Ash Resources, Sephaku Ash, Sephaku Cement and Ulula Ash, and excluded exports and sales to neighbouring countries.

Imports and sales by companies other than those listed were also not included.

The cement sales figure can only be given up to quarter two due to the restriction placed on cement sales volumes by the South Africa Competition Commission.  Full year figures for 2014 will only be available end June 2015.

Source: Engineering News

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