Saudi cement firms sales to grow in Q4

(MENAFN) Saudi cement sector's sales are predicted to increase in the fourth quarter of this year, compared with the previous quarter.Additionally, the investment firm attributed the growth in sales to the seasonal affected in Ramadan month and Eid vacations in June and July.Moreover, clinker inventory reached its highest level in August, due to lower demand and expansions in the production capacity since the start of this year.However, the cement firm proclaimed that the Saudi cement firms' production dropped by 10.4 percent in August, which resulted in 9.93 percent fall in sales.