Cement News tagged under: Vietnam
CeMAP records rising cement imports from Vietnam30 August 2021, Published under Cement NewsThe Cement Manufacturers Association of the Philippines, (CeMAP) Inc said Vietnam's cement exports to the Philippines rose 17 per cent YoY to 2.51Mt in the first four months of 2021, making the Philippines the second-largest destination for Vietnam exporters. "With a huge surplus and lower domestic demand, we will likely see a more aggressive effort from Vietnam exporters to flood the Philippine domestic market with imported cement," CeMAP Executive Director Cirilo M Pestano II said in a ... |
Vietnamese exports slip 2% in July27 August 2021, Published under Cement NewsTotal cement and clinker exports from Vietnam declined two per cent YoY in July 2021, according to the Vietnam National Cement Association (VNCA). The country’s cement producers supplied 3,202,346t of cementitious product to customers beyond its borders. However, when compared with June 2021, exports were up by 15 per cent. Of the total, 1,944,217t were clinker exports, down 41 per cent YoY but up 55 per cent when compared with June 2021, when 1,255,479t were exported. Cement exports saw... |
Vietnam sees 8% drop in July domestic sales26 August 2021, Published under Cement NewsCement sales in Vietnam in July 2021 declined eight per cent YoY to 4,964,884t and by 19 per cent from 6,095,139t in June 2021, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM sales fell by eight per cent to 1,627,342t when compared with July 2020 and by 22 per cent from 1,853,650t in June 2021, while for its associates, the YoY drop was 25 per cent to 1,037,542t and 28 per cent from 1,434,489t in June 2021. However, other cement producers in the country imp... |
Vietnamese cement market expands 14% in June27 July 2021, Published under Cement NewsCement demand in Vietnam rose 14 per cent YoY to 6,095,139t in June 2021 but decreased six per cent when compared with May 2021, when 6,469,659t was supplied to the domestic market, according to the Vietnam National Cement Association (VNCA). Of this total VICEM advanced sales by nine per cent YoY to 1,853,650t in June 2021 but when compared with May 2021, sales dipped eight per cent from 2,013,474t. VICEM affiliates saw sales increase by five per cent YoY to 1,434,489t but reported a seve... |
Vietnam considers higher cement export tariff20 July 2021, Published under Cement NewsVietnam’s Ministry of Finance (MoF) has reportedly proposed that the government consider increasing the export tariffs for clinker to 10 per cent from five per cent, according to Vietnam News. The MoF explained that exports of cement and clinker are not sustainable as their production uses non-renewable sources. Cement and clinker producers in Vietnam are also making use of a low electricity tariff. |
Vietnam’s export boost22 June 2021, Published under Cement NewsVietnam’s total cement and clinker sales expanded by 0.9 per cent YoY in 2020 to 97.5Mt, according to FiinGroup. Of this total, domestic cement consumption was 62.1Mt, declining by 5.6 per cent YoY. Meanwhile, clinker and, in particular, cement exports remained strong, surging by 14.9 per cent compared to a year earlier. Both the positive long-term outlook for Vietnam’s cement market as well as the ability to export to overseas destinations bode well for domestic cement ma... |
Vietnam market expands 16% in April14 June 2021, Published under Cement NewsCement dispatches in Vietnam reached 6.551Mt in April 2021, up 16 per cent YoY, according to the Vietnam Cement Association (VNCA). VICEM reported a 17 per cent YoY rise in sales to 2.26Mt while its affiliated companies saw a six per cent YoY uptick to 1.661Mt. Other Vietnamese producers supplied 2.63Mt, up 22 per cent when compared with April 2020. Exports advanced 79 per cent YoY to 4.323Mt in April 2021. Of this total 2.826Mt was clinker, which saw a 17 per cent YoY hike, and 1.498Mt wa... |
Vietnam's cement exports surge while domestic prices rise01 June 2021, Published under Cement NewsVietnam's Department of Building Materials, Ministry of Construction, reports that in the first four months of 2021, the country’s consumption of cement products is estimated to reach 34.58Mt, up 16.5 per cent YoY. Domestic consumption accounted for around 19.44Mt, a slight increase over the same period last year, while cement exports surged to 65 per cent over 2020 to 15.14Mt. Besides gains in consumption, many cement companies also raised product prices. Accordingly, Vicem Hoang Ma... |
Philippines' DTI to begin anti-dumping investigation into Vietnamese imports28 April 2021, Published under Cement NewsThe Philippines’ Department of Trade and Industry is expected to begin investigating allegations of cement dumping from Vietnam, following applications by three local manufacturers, according to the Manilla Standard. Cemex Philippines, Holcim Philippines and Republic Cement all applied for an anti-dumping investigation into cement products imported from Vietnam. The investigation will cover cement imported from July 2019 to June 2020, while the period of investigation for injury to the sec... |
Vietnam prices up as costs increase26 April 2021, Published under Cement NewsSelling prices of cement in Vietnam have recently increased by VND30,000-40,000 (US$1.29-1.72)/t as production costs have increased, according Luong Duc Long, vice president and general secretary of the Vietnam National Cement Association. Local cement producers have considered raising the price since the end of 2020 as raw material, labour and freight costs have continuously increased. The retail price of cement in Vietnam’s northern region is VND1.2m-1.3m/t while in the south it is VND... |