Cement News tagged: Trading
Will Turkish cement exports come under pressure?
As the second-largest cement exporter after Vietnam, Turkey's cement industry has for many years exported its surplus around the world. However, analysts anticipate Turkish trade to contract due to COVID-19 as the pandemic affects trans-Atlantic exports to the US, as well as other countries where anti-dumping measures increase in response to local surpluses - most recently Georgia . However, ...
Uzbekistan cement prices fall
At the last auction of the Uzbek National Commodity and Raw Materials Exchange on 29 June, the average weighted cost fell 4.9 per cent from UZS792,000/t (US$77.71/t) to UZS754,000/t, according to the UzEX press service. Between January and June 2020, the average price of all cement brands on the exchange advanced 59 per cent from UZS499,000/t to UZS792,000/t as the construction season got u...
Turkish cement exports to France rise by 9% in 1H20
In June 2020 the export of Turkish cement to France increased by 65.6 per cent YoY, representing a value of US$12.9m, according to the Turkish Ministry of Trade. Total cement exports from Turkey in June advanced 37.4 per cent to US$343.1m when compared with June 2019. January-June 2020 In January-June 2020 Turkish cement exports to France increased 8.9 per cent YoY to US$61.6m, reported T...
Uzbekistan to simplify cement imports
The Antimonopoly Committee of Uzbekistan intends to simplify the imports of cement. Domestic cement shortages , due to a pick-up in construction works and a fall in imports, have seen the cement price increase by 59 per cent, according to Esmerk CIS News. The Uzbek government has instructed the Antimonopoly Committee, the Uzstandart agency, the State Customs Committee, and the Uzpromstroymat...
DG Khan Cement wins export orders from the Philippines
DG Khan Cement Company Ltd has procured cement export orders from the Philippines. The order was confirmed by a Pakistan government adviser. "Congratulations to DG Khan Cement for making a breakthrough in winning orders for export of cement to the Philippines. This follows on their success in China," said Adviser to Prime Minister on Commerce, Abdul Razak Dawood, in a tweet on Wednesday. "O...
Cement exports from Bangladesh record a 12% fall in FY19-20
Bangladesh's cement industry has earned export revenue of US$9.14m in the FY19-20 (July 2019-June 2020), compared to US$10.41m bagged in 12MFY18-19, a significant contraction of 12.2 per cent YoY. The export figure also includes a minor amount of salt, stone and related products, says data of Bangladesh Export Promotion Bureau (EPB). The export value for cement decreased by -13 per cent, unde...
Pakistan cement records a 2% uptick in dispatches in FY20
Pakistan’s cement industry during the FY19-20 (July 2019-June 2020) recorded a rise of two per cent to 47.81Mt in total cement dispatches from 46.88Mt in FY18-19. All Pakistan Cement Manufacturers Association (APCMA) attributed this growth to the strengthening of higher export growth, which reached 19.8 per cent with exports surpassing the 7Mt mark after a long time. However, the domestic cons...
Egyptian cement exports decline by 32% Jan-May 2020
Egyptian cement exports declined by roughly 32 per cent during the first five months of 2020 to US$47m, compared to US$68m during the same period in 2019. Egypt exported cement in the 5M20 to about 51 countries, including 18 countries who had not imported Egyptian cement in the same quarter in 2019, reports Egypt Today.
Israel's Economy Minister seeks higher import tariff
Israel’s Minister of Economy, Amir Peretz, announced on Friday that he intended to raise the tariff on imported cement from 0.25 per cent to 17.25 per cent, according to The Times of Israel. However, the motion was blocked by the Finance Minister, who must approve the move. Mr Peretz explained his intentions by noting that cement was being sold to Israel at dumping prices, which are harming...
PPC: Zimbabwe cement sector needs support
Zimbabwe’s largest cement producer, PPC Zimbabwe, has called for urgent measures to protect the domestic cement industry from cement imports. Despite having adequate capacity to supply the local market, Zimbabwe remains a destination for cheap and substandard cement products, which are finding their way through the country’s borders as well as via smuggling, according to PPC Zimbabwe Managin...
Tajikistan exports 0.5Mt of cement in Jan-May
In the 5M20 Tajikistan produced over 1.5Mt of cement and exported 0.5Mt of this output, according to Avesta. The largest share of exports, 238,300t, was supplied to Uzbekistan, with an additional 227,200t to Afghanistan and 34,100t to Kyrgyzstan. Total cement exports were valued at US$20.5m.
Jan-May exports from Turkey up 37%
In the January-May 2020 cement and clinker exports from Turkey surged 37 per cent to 9.8Mt, according to the Turkish Cement Manufacturers’ Association (TÇMB). Export revenues advanced by 16.7 per cent YoY to US$447m. Cement exports were up to 4.8Mt while clinker exports rose to 5Mt. While volume increases were across the board, exports to Ukraine showed particularly robust growth, followed by...
Indonesian export shipments surge 41% in May
Cement and clinker exports from Indonesia advanced 41 per cent YoY in May to reach 625,650t, according to the Indonesian Cement Association (ASI). In May 2019 cement and clinker exports stood at 443,773t. Clinker exports were up 43.1 per cent YoY to 565,542t while cement exports increased 23.5 per cent YoY to 60,109t. In the first five months of 2020, clinker and cement exports expanded by t...
BCMA calls for 60% cut in duties on clinker imports
The Bangladesh Cement Manufacturers' Association (BCMA) has issued a call for the government to cut import duties of clinker by 60 per cent. "We had zero sales during the countrywide closure in the last two and a half months," said Md Alamgir Kabir, president of BCMA. "So for our survival we need the import duty on clinker, the sector's major raw material, to be brought down to BDT200/t from ...
Turkish cement exports to Georgia fall by 53% in April
Cement exports from Turkey to Georgia fell by 8.2 per cent between January-April 2020, compared to the same period of 2019, amounting to US$12.8m. In April 2020, cement exports to Georgia fell 52.9 per cent YoY to US$1.5m. Turkey's export of cement to international markets was stable at US$1.1bn in the first four months of 2020, equal to the same period of 2019. The country's cement exports a...
Cement exports from Pakistan drops due to COVID-19 in 10MFY20
The Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for the 10 months of July 2019 to April 2020. It visibly carries the impact of coronavirus on the cement industry in the country. Pakistan's cement industry has earned export revenue of US$223.20m by exporting 5.949Mt of cement and clinker in 10MFY19-20, compared to US$243.12m from 5.738Mt of exports in the y...