Uzbekistan cement only to be sold through exchanges

Uzbekistan’s monopoly enterprises will sell cement only through exchange auctions from 1 January 2018, according to a new resolution of the country’s government on the production and consumption of cement in 2018.

It is expected that 8.44Mt of cement will be sold to domestic customers in this way. The volumes not sold during the first trades will be put up for sale again within a month before being sold under direct contracts for export if this proves unsuccessful.

The new resolutions affects sales by KizilkumCement JSC, Kuvasaycement JSC, Bekobodcement and Akhangarancement JSC.