From April 2007 to January 2008, India's total cement exports fell by 40% compared with the previous period. India's strong domestic demand for cement and the fact that many manufacturers believe that the domestic market is more profitable than international market are the reasons.
< P > India exported 313,000 tonnes of cement during the period, compared with 514,000 tonnes in the previous period. Compared with the previous period, the export volume of cement decreased from 4% of the total domestic cement production to 2.3%. India produces 136 million tons of cement annually, but each year it will add 900,000 tons of new production capacity to reach 174 million tons per year. < P > One Grasim & nbsp; "The decline in cement exports is due to strong domestic demand for cement," said the head of Grasim, India's leading cement exporter. Cement producers also want to increase production to win the domestic cement market. Cement producers now allocate their share of exports to the domestic market. < P > Another senior analyst pointed out: "The decline in India's cement exports is due to the increase in cement production capacity in the Middle East.". Therefore, India has little interest in exporting cement to the Middle East. < P > No cement producer is willing to give up the domestic market where cement prices are rising. Moreover, the export of cement also bears certain risks. < P > (Please indicate the source for reprinting by China Cement Net)
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