Cement News tagged: Trading
IRClass cement carrier launches in China
A cement carrier under construction at Penglai Zhongbai Jinglu Ship Industry Co Ltd, China, was successfully launched on 30 March 2020. The vessel, called ‘Advaita’, has been built under the classification of Indian Register of Shipping (IRClass). IRClass surveyors braved the constantly-changing scenario of both global and local restrictions due to COVID-19 and immense challenges including m...
Uzbekistan resumes cement imports
Uzbekistan has resumed the import of cement after the goverment’s 22 May resolution, reports Central Asia News. On 23 April the country had temporarily suspended the import of cement due to the coronavirus pandemic. The measure was put in place to support domestic producers following a decline in demand as construction activity was halted.
Georgian producers seek support to stop cement dumping
Georgian cement producers have called for government support regarding the influx of cement imports into the country. The country’s producers stated that Turkey is a significant contributor of imports, since it produces a large amount of building materials that are not domestically needed in such quantities. The state therefore gives its producers the opportunity to sell exports below marke...
Indonesian clinker exports up but cement exports contract
Indonesian cement producers have seen a 4.7 per cent uptick in clinker exports to 568,819t in April 2020 when compared with clinker export sales of 543,441t reported in April 2019, according to the country’s cement association, ASI. However, cement exports plummeted to 19,300t in April 2020, representing an 83.2 per cent drop when compared with April 2019, when 115,052t of cement was export...
Pandemic to seriously affect global cement trade
At Cemtech's live webinar on the 'seaborne trade of cement and clinker' this week, Ad Ligthart of Cement Distribution Consultants, gave a sobering outlook on global trade in response to COVID-19 and the many government lockdowns that have been implemented worldwide. "Seaborne trade of cement and clinker will be seriously affected," said Mr Ligthart, adding: "There will be a global reduction...
Uzbekistan set to temporarily suspend cement imports
Foreign trade restrictions are expected to be introduced in Uzbekistan from 1 May 2020, as a reaction to the economic consequences of the COVID-19 pandemic, according to Uzbekistan Daily. As a result, from 1 May to 31 December 2020 the export of raw materials for the production of medical products and the import of cement products are going to be temporarily suspended. The country has re...
Indonesian March exports: cement falls, clinker up
Exports of cement from Indonesia have fallen by 49.8 per cent YoY to 55,769t in March 2020 when compared with March 2019 when cement exports reached 111,065t, according to data released by ASI, the country’s cement association. However, clinker exports were reported to have seen a 12.6 per cent YoY increase to 512,192t in March 2020 from 454,877t in March 2019. Total exports remained stabl...
Coronavirus impacts Pakistani cement trade
The exports of clinker and cement from Pakistan to Afghanistan, Bangladesh, Sri Lanka and rest of the world have been impacted by the lockdown, curfew and other measures to stop the spread of the coronavirus in these countries. This was disclosed by Irfan Amanullah, senior general manager, Attock Cement Pakistan Ltd (ACPL), during a presentation of Cement Sector Outlook, organised by BMA Capit...
Kazakhstan bans cement imports
Kazakhstan’s Acting Minister of Industry and Infrastructure Development has signed an order on the regulation of cement imports. The order introduces a ban on the import on certain types of cement from countries outside the Eurasian Economic Union for a period of six months with effect from 16 April, according to Kazakhstan Newsline.
No coronavirus impact on cement revenue in 9MFY20 but March data dispersed in Pakistan
The Federal Bureau of Statistics of Pakistan has released cement export data for the nine-month period of July 2019-March 2020 (9MFY19-20). It carries more or less same trend of eight months and does not show any significant impact on overseas dispatches amid the spread of coronavirus in country. However, exports in March 2020 show a contraction due to the lockdown during the latter half of th...
Cement exports from Bangladesh dip in 9MFY19-20
Bangladesh's government saw a modest fall of more than six per cent in total export during the first nine months of the FY19-20 as the initial impacts of coronavirus began to impact business, but fortunately overseas cement dispatches were only slightly down, according to data released by Bangladesh Export Promotion Bureau (EPB). However, Bangladeshi economist Mohammad Shahjahan Siddiqui ha...
Turkish exports boom in first quarter, but slowdown expected
Turkey’s cement sector exports increased by 54 per cent in the first three months of 2020, according to a statement by the Turkish Cement Manufacturers' Association (TÇMB). The association has released data on the sector’s March-end export figures and the production figures from January. Accordingly, the Turkish cement sector’s production increased by 31 per cent in January, reaching 3.6...
Offloading of clinker continues at Chittagong Port in Bangladesh
Offloading of imported raw materials for the cement industry continues at the Chittagong Port of Bangladesh (CPA), even as the port suffers container storage congestion. According to the CPA, 22 vessels are currently at outer anchorage at the port, each laden with more than 45,000t to 50,000t of clinker, while seven of them are unloading cargoes and able to work without interruption. Vessel...
CABC report calls for Canada and USA to keep border open to cement trade
The Canadian American Business Council's (CABC) latest report on Canada/US cross-border trade calls for governments in north America to open border trade to cement and other building materials during the COVID-19 crisis to keep some liquidity in the economy. "If we don't keep this backbone of the economy going, we are going to extend the time the recovery will take, policy-makers are getting ...
Exports from Vietnam decline due COVID-19 pandemic
Vietnam exported 7.5Mt of cement and clinker, to a value of US$291m, in the first quarter of this year, said the Ministry of Industry and Trade. The lower volume has been attributed to the coronavirus pandemic. Total exports fell by nearly 40 per cent in volume while the value declined by 20 per cent when compared with the year-ago period, when the country exported 12Mt with a value of US$36...
Armenia set to extend import duty on cement
Armenia’s National Assembly passed at the first reading the amendments to extend the validity of the state duty set on cement imports until 31 December 2020. The country has imposed a AMD14,000/t duty on cement imports from Iran and other countries since it ratified the legislation on 3 June 2019, a law that expires on 1 April 2020. "Over a period between July and December, the volumes of ce...