Two Indonesian producers expect 3-4% cement volume increase in 2021 02 March 2021 PT Semen Indonesia (SMGR ) and Indocement Tunggal Prakarsa (INTP) expect domestic cement volume to grow 3-4 per cent YoY in 2021. This could be achieved through a recovery in bulk cement, which declined in 2020 by 22 per cent YoY. Volume is expected to remain soft in the 1Q21 in Indonesia with turnaround expected to occur in the 2Q21, added UBS Global Research (Indonesia). In 2020 there was increased competition in Java and Kalimantan, but the average selling price for Tier-1 brands remained stable as pricing competition mostly occurred in Tier-2 brands (through higher promotion). SMGR and INTP expect pricing to remain flat in 2021, according to UBS Global Research (Indonesia).