The cement sales volumes across the Kingdom of Saudi Arabia declined by 6.7% YoY and 21.3% MoM to hit 3.37MT, reflecting the holiday effect and recent geopolitical developments, according to a report by Al Rajhi Capital, a leading financial services provider in the Kingdom.
The sales volume for the first 3 months fell by 4.7% YoY to 12.76MT, it stated.
Yamama continues to command the highest market share, recording 14.2% in Q1, followed by Saudi Cement (12.8%) and Qassim Cement (12.1%), said the report by Al Rajhi Capital.
Clinker inventory grew by 2.1% MoM to 43.6MT, with Southern cement holding the highest inventory (18 months of LTM average sales), it added.
Saudi cement sales fall by 4.7% in Q1 Middle East Construction News.
Hence then, the article about saudi cement sales fall by 4 7 in q1 was published today ( ) and is available on ME CONSTRUCTION NEWS ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi cement sales fall by 4.7% in Q1 )
Also on site :