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Research & Insights
November 12, 2025
By Jia lun Ong
HIGHLIGHTS
Domestic cement sales down to 5.67 mil mt; exports rise to 1.64 mil mt
Japan’s domestic cement demand drops 6.1% year over year to 15.34 mil mt
Japan-based Taiheiyo Cement Corporation reported that its domestic cement sales, including consignment sales, fell 8.3% year over year to 5.67 million metric tons in the six months ended Sept. 30, 2025, according to a company statement issued Nov. 11.
The company attributed the decline to persistent challenges in Japan's construction sector, including rising building costs, ongoing labor shortages, and fewer Saturday shipments following the wider adoption of a five-day workweek at construction sites. Overall domestic cement demand slipped 6.1% to 15.34 million mt, while cement exports climbed 12.4% to 1.64 million mt, supported by firm overseas demand.
Overseas, Taiheiyo said that sales volumes at its West Coast US operations eased slightly amid weaker housing demand and unfavorable weather, though selling prices improved compared with the previous year. In Vietnam, sales volumes increased as local demand recovered, while in the Philippines, sales registered a modest year-over-year rise.
In its aggregates segment, the company recorded stronger sales of limestone for export markets but a decline in domestic shipments.
Platts, part of S&P Global Energy, assessed cement (ASTM type I) FOB Vietnam at $35.25/mt on Nov. 6, slightly lower from $35.75/mt in the previous week.
Platts assessed cement clinker FOB Vietnam at $29.25/mt on Nov. 6, down from $30/mt FOB the previous week.
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