Brazil: According to data from Brazil's national cement industry union SNIC, domestic cement sales in January 2018 were down by 0.1% compared to January 2017, at 4.33Mt. However, average sales per working day increased by 0.2% in the same comparison. Apparent consumption in the period stood at 4.4Mt, down by 0.5% from January 2017. The results for the period were in line with SNIC's expectations, with sales forecast to drop in the first quarter 2018, before seeing growth in the second quarter 2018.
In the 12 months ending January 2018 domestic sales saw an accumulated 6.2% drop, in comparison with the previous 12 month period, at 53.77Mt. SNIC forecasts a 1-2% increase in cement sales in 2018.
