Trade Resources Industry Trends Oman's Cement Exports Are Likely to Grow in 2012 Because of The Better Demand

Oman's Cement Exports Are Likely to Grow in 2012 Because of The Better Demand

According to a report by EFG Hermes, Oman s cement exports are likely to grow in 2012, due to better demand from the country s import markets like Yemen and East African countries, Times of Oman has reported. "We are expecting cement demand in Oman to grow 7% during the current year to six million tonnes per annum, with the major portion of demand to be covered by local products, " the report said. "The increase in UAE cement prices will help improve sales volume of Omani players, as the cost advantage of UAE cement reduces, " it added. Source: uaecement.com

Source: http://www.uaecement.com/newsDetail.aspx?id=489
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Oman's cement exports forecast to grow in 2012
Topics: Construction