Cement News tagged under: Prices
Pakistan: cement prices rise02 October 2013, Published under Cement NewsElectricity tariffs and other inflationary pressures have put pressure on cement manufacturers in Pakistan to increase cement prices. Cement producers have increased their prices by PKR15-20/50kg bag (US$0.14-0.19), a brokerage house reported yesterday. “Local cement prices have increased by 15-20 per 50kg bag, an increase of three to four per cent, over average retail prices that are currently hovering around PKR497.88 per bag,” Abia Zaidi at Shajar Capitals, said. Going forward, with ce... |
Colombia's regulator investigates price fixing22 August 2013, Published under Cement NewsColombia's Superintendency of Industry and Commerce will be opening an investigation into the alleged price-fixing by five local cement companies. The regulator will examine whether Holcim (Colombia), Cementos Argos, Cementos Tequendama, Cemex Colombia and Cementos Marcos have been colluding in the setting of cement prices over the past three years. The regulator has said it will look into "an alleged agreement to fix prices and divide up the market”. The superintendency has claimed that... |
Cement prices in China keep rising20 August 2013, Published under Cement NewsAlthough China's cement sales are outside their peak season, the average cement price in the country has continued to rise over the past week, according to the latest data from industry information provider Digital Cement. The average cement price witnessed a week-on-week increase of 0.2 per cent between 12-16 August and cement prices in some regions have approached the peak experienced in the sales season. The average cement price in eastern China increased 1.3 per cent over the week. I... |
Indian cement prices mount June recovery05 July 2013, Published under Cement NewsAll-India cement prices saw an uptrend led by price hikes across all regions in the country. The southern region saw an average price rise of INR30/bag (US$0.50), the highest among all regions, which took the all-India average June 2013 prices to INR308/bag (US$5.10) as compared to INR294/bag (US$4.86) in May 2013. In the east and west region, prices advanced by INR15-20/bag, which took average prices in the east and west region to INR333/bag and INR306/bag, respectively, for June 2013.... |
Ghana: cement prices rising26 June 2013, Published under Cement NewsCement prices in Ghana have been rising by the day with retail prices currently around GHS274 (US$136). Ex-factory prices are cheaper than retail prices so the tariff posted at the Ghacem (HeidelbergCement) plant on 24 June indicated that a bag of cement costs GHS260 (US$129), effective 20 June 2013, when buying 1000 bags or above. For orders of 100+ bags only the price rises to GHS265 (US$132), according to a local reporter. Ghana has imported mainly from Senegal, but these shipment... |
Zambia: 'High cement prices will affect construction sector growth'13 June 2013, Published under Cement NewsCement traders in Eastern Province have accused Lafarge Cement Zambia of creating artificial shortages by preferring the international market. Meanwhile, local contractors in Lusaka have warned that the recent increments in cement prices could slow growth in the construction sector. However, Eugene Chungu, Lafarge spokesperson, said the recent increase in cement demand and prices, which had been caused by panic buying after the Lusaka plant shutdown three months ago, should ease following ... |
El Salvador records 18.5% drop in cement prices11 June 2013, Published under Cement NewsCement prices in El Salvador rose by 18.5 per cent YoY to US$8.49 per 42.5kg bag in February 2013, according to CASALCO, the Salvadorian Chamber of the Construction Industry. The rise in cement prices has affected the growth of the construction sector, according to the organisation. “The increase in cement prices has had a direct impact on all construction costs,” said Carlos Guerrero, CASALCO president. Cement consumption in the first three months of 2013 decreased 9.1% to 6506 bags ... |
Caribbean: cement price increase 'difficult to accept'10 January 2013, Published under Cement NewsThe 9.5 per cent cement price hike announced at the start of this year by Trinidad Cement Ltd, will be 'difficult to accept,' according to the former president of the Contractors Association of Trinidad and Tobago. Following the hike, a 42.5kg bag of cement now cost approximately TTD55 (US$8.60). “Anytime cement prices goes up, it is difficult to accept. When you are talking about a 9.5 per cent it makes it even worse. You would have had people with ongoing contracts and they would be n... |
Jamaica: Caribbean Cement raises prices31 December 2012, Published under Cement NewsCaribbean Cement Company, a member of the TCL Group, has announced price increases for a bag of cement. The company said effective January 7, the prices for its packaged Carib Plus will be increased by 15.4 per cent. There is also to be slight adjustments in the prices for other products. A bag of Carib Cement OPC will be sold for JMD780 while Carib Cement plus will sell for JMD755 per bag. Carib Cement said it had to increase its prices in order to generate enough money to meet debt payme... |
Northern India: rising demand to support prices29 December 2012, Published under Cement NewsA slower rate of new capacity additions coupled with strong demand in north India will improve the business environment enabling higher prices for cement companies such as Shree Cement, JK Cement and JK Lakshmi Cement. A reduction in oversupply will improve utilisation levels and eventually lead to higher prices. While India will see capacity expansion of more than 80Mt in the next two years, in north India, it will just be 8-10Mt, according to a report in the Economic Times. Demand gro... |