On 1 October, cement importers and domestic producers met with Cameroon’s Minister of Trade, Luc Magloire Mbarga Atangana, to analyse the market situation in light of the recent government ban on the importation of cement. During the meeting, the Minister was assured of a regular cement supply for the remaining three months of 2014. According to local reports, the companies noted that what they have requested from producing countries abroad will be manufacturers locally during the last three months of the year, meeting domestic demand at stable prices.
The meeting participants estimated that local cement consumption stands at approximately 2.2 million tpa, with imports estimated at around 1 million tpa. Domestic manufacturer Cimencam predicts that around 550 000 t of cement will be required to meet demand in the remaining three months of the year. According to officials, Cimencam is capable of producing some 300 000 t during the period, while Cimaf’s output is predicted at approximately 125 000 t.
Edited from various sources by Rosalie Starling
Read the article online at: https://www.worldcement.com/africa-middle-east/03102014/cameroons-government-assured-of-regular-cement-supply-603/