Construction | RSA Cement Market Update - Aug '19
Cement imports into South Africa are relatively flat y/y. We do not expect imports to surpass 1.1mt for CY '19. Price changes are relatively flat m/m across inland markets. However, our survey indicates local producers are increasing both prices and availability of cement in the coastal regions. The outlook for cement consumption in South Africa continues to deteriorate with building plans passed declining in all major regions (including the Western Cape) except for Gauteng as of Jun ‘19.
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