Saudi clinker inventory falls 988,000 tons in May

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

Argaam Reports

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