Clinker inventory for the 15 cement producers in Saudi Arabia dropped by 988,000 tons in May to 19.4 million tons, a new nine-month low, according to research conducted by Argaam.

 

Compared to the same period in 2014, the decline was attributed to higher usage of clinker in the production of cement, which saw robust demand in the first five months of the year.

 

Meanwhile, May’s clinker inventory levels increased by 2.9 million tons year-on-year, but at a slower pace.

 

Clinker Output and Inventory – May 2015 (thousand ton)

Y/Y Change

Monthly Change

Inventory

Month

2014

+9,162

+688

15,404

Jan.

+9,787

+124

15,528

Feb.

+10,948

+865

16,393

March

+11,684

(45)

16,348

April

+11,957

+187

16,535

May

+11,561

(696)

15,839

June

+12,144

+2,683

18,522

July

+11,108

+1,238

19,760

Aug.

+10,744

+336

20,096

Sep.

+10,102

+1,091

21,187

Oct.

+8,253

+214

21,401

Nov.
8,253+ 149+ 21,550

Dec.

2015

+5,897

(249)

21,301

Jan.

+5,333

(440)

20,861

Feb.

+4,114

(354)

20,507

March

+3,983

(176)

20,331

April

+2,899

(897)

19,434

May
 

Clinker stock at Southern Cement and Al-Safwa Cement continued its downtrend to reach 1,114 tons and 42 tons, respectively.  

 

Ten out of 15 plants saw lower clinker inventories in May, compared to the previous month.

 

Saudi Cement had the highest inventory with 3,314 tons in May, followed by Yamama, and Yanbu Cement with 2,891 tons and 2,723 tons, respectively. Al-Safwa held the lowest inventory.

 

Clinker Inventory - 2015

May

April

March

Feb.

Jan.

Company

2,891

2,847

2,820

2,818

2,884

Yamama Cement

3,314

3,541

3,496

3,431

3,332

Saudi Cement

1,023

984

952

913

1,039

Eastern Cement

834

869

838

850

880

Qassim Cement

2,723

2,697

2,703

2,902

2,936

Yanbu Cement

248

371

369

418

466

Arabian Cement

1,114

1,264

1,422

1,655

1,826

Southern Cement

539

532

551

505

542

Tabuk Cement

1,576

1,547

1,517

1,520

1,539

Riyadh Cement

1,574

2,656

2,713

2,695

2,624

Najran Cement

406

456

395

444

514

City Cement

930

1,089

1,267

1,283

1,316

Northern Cement

583

649

647

648

646

Al Jouf Cement

42

57

68

68

78

Al Safwa Cement

637

772

749

712

680

Hail Cement

19,434

20,331

20,507

20,861

21,301

Total
 
 

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