<\/p>\n
By 26.2 percent, cement sales rates for October last year increased compared to the same month of the previous year. The observers attributed this to the increase in construction activity, which increases the demand for cement, while the total consumption of cement during the first ten months of the current year reached 50.24 million tons, up from the same period of the previous year by 8 percent. According to Al Jazeera Capital, it is expected that the demand for cement will continue to grow slightly in the short term due to the recovery in demand in the domestic sector following the issue of correcting the employment situation in the previous year, despite the current decline in oil prices.<\/p>\n
Despite the increase in sales volume, the profit margins of some companies are likely to decline due to the increase in the inventory of clinker, which led to increased competition for market share, along with the decline in sales prices.<\/p>\n
According to the data, the local market was affected by the decline in oil prices, which had an impact on the implementation of urban development projects. The increase in demand for cement was not as high as the expectations of cement companies, which would contribute to an increase in inventory levels in the coming period to more than 30 million tons, all of which are in the companies\u2019 warehouses. Meanwhile, the increase in demand is currently slight compared to the rates of previous years, which reached approximately 14%.<\/p>\n
Companies are waiting for the export window in the coming period, especially with domestic stockpiles currently reaching more than 23 million tons, which is matched by a doubling in growth over the recent period. The National Cement Companies Committee of the Saudi Chambers of Commerce received government promises in the past regarding the opening of the export window after coordination with relevant government agencies and the preparation of necessary regulations in this regard.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span> Cement sales for last October rose by 26.21% compared to the same month last year, a trend observers attributed to increased construction activity, which drives up demand for cement. Conversely, total cement consumption during the first ten months of this year reached 50.24 million tons, an increase of 8% over the same period last year. According to \u2026 Read more<\/a><\/p>","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"amlak_video_sent":"","footnotes":""},"categories":[123],"tags":[],"class_list":["post-8089","post","type-post","status-publish","format-standard","hentry","category-building-materials-techniques"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","trp-custom-language-flag":"","event-thumbnail":"","event-medium":"","event-large":"","event-hero":""},"author_info":{"info":["\u0627\u0645\u0644\u0627\u0643 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629"]},"category_info":"\u0645\u0648\u0627\u062f \u0648\u062a\u0642\u0646\u064a\u0627\u062a \u0627\u0644\u0628\u0646\u0627\u0621<\/a>","tag_info":"\u0645\u0648\u0627\u062f \u0648\u062a\u0642\u0646\u064a\u0627\u062a \u0627\u0644\u0628\u0646\u0627\u0621","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/8089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=8089"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/8089\/revisions"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=8089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=8089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=8089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}