Morocco: Msin gives outlook for cement market

According to brokerage company Msin, sales of cement rose 26.5% in August 2014, after seven months of declining sales. In the first eight months sales fell 5% year-on-year to 9.3 million tonnes. While the government talks about a recovery, specialists believe a recovery will take another few years. Msin forecasts a drop of 4.1% in 2014, followed by an increase of 2% in 2015 and a drop of 1% in 2016. It forecasts average annual growth of 0.39%, from 14.2 million tonnes in 2014 to 15.5 million ton
October 8, 2014 Read time: 1 min

According to brokerage company Msin, sales of cement rose 26.5% in August 2014, after seven months of declining sales.

In the first eight months sales fell 5% year-on-year to 9.3 million tonnes.

While the government talks about a recovery, specialists believe a recovery will take another few years.

Msin forecasts a drop of 4.1% in 2014, followed by an increase of 2% in 2015 and a drop of 1% in 2016.

It forecasts average annual growth of 0.39%, from 14.2 million tonnes in 2014 to 15.5 million tonnes in 2018.

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