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India’s January cement output up 8.33% m-o-m

17 Mar 2016

India’s cement production in January 2016 surged to 25.88 million tons (mt), an increase of 8.33% compared to 23.89 mt registered in December 2015.

 

According to data available with ICMW, production in January 2016 was up 8.69% compared to 23.81 mt produced in January 2015.

 

For the first 10 months (April-January) of 2015-16, India’s cement production stood at 230.20 mt, up 2.91% compared to 223.69 mt produced in the same period of 2014-15.  

 

Earlier, after touching a high of more than 24 mt in May 2015, cement production had witnessed a decline for four consecutive months, but rose 5.92% to 22.73 mt in October. In November, again, production went downhill, largely owing to lack of demand. But in December, it somewhat bounced back thanks to a fall in the prices of pet coke, limestone and fuel.

 

The following table shows India’s month-wise cement production in 2014-15 and 2015-16:

 

Month

Production (in million tons)

2015-16

2014-15

April

23.42

23.98*

May

24.26

23.65*

June

23.57

22.96

First quarter (Q1)

71.25

70.6

July

22.99

22.70*

August

21.62

20.51*

September

21.46

21.8*

Second quarter (Q2)

66.07

65.01

October

22.73

20.36

November

20.38

20.76

December

23.89

23.15

Third Quarter (Q3)

67

64.27

January

 25.88

23.81

February

 

22.56

March

 

23.84

Fourth Quarter (Q4)

 

70.21

Total (April-January)

230.20

223.69

Total (April-March)

230.20

270.09