Coal delay sends NOCIBE cement price high

The ex-works price of cement leaving the Adja-Ouèrè plant of Nouvelle Cimenterie du Bénin (NOCIBE) has jumped from XOF61,880/t (US$116.69/t) to XOF73.780/t, according to Agence Benin Presse.

The organisation has attributed the spike to a key coal cargo being held up in the port of Cotonou. The coal is due to be transported to the NOCIBE plant for use in clinker production.