Cement News tagged under: Pricing
Indian producers consider early price reduction on monsoon06 June 2012, Published under Cement NewsIndian cement companies are considering a reduction of INR8-10/bag later this month in anticipation of a slowdown in construction activities due to the arrival of monsoon season. The price correction during monsoon is seasonal but this year it has come little earlier due to subdued demand, writes Realty Plus. "The price correction has started from the month of May and this month cement companies are contemplating to reduce prices on an average of INR10/50kg across the country," said the ... |
Caribbean Cement Company price hiked 9.2%01 June 2012, Published under Cement NewsCaribbean Cement Company Limited has increased the price of bagged cement by 9.2 per cent, according to reports in the Jamaican Gleaner. Effective today, June 1, the ex-factory price of Carib Cement Plus will be increased from J$705 to J$761.91. The new price is inclusive of the new 16.5 per cent GCT rate. In a statement to the Jamaica Stock Exchange yesterday, Caribbean Cement advised shareholders that the rebound in sales seen towards the end of last year has not been maintained and the ... |
Philippine cement prices edge towards peak levels31 May 2012, Published under Cement NewsPhilippine cement prices are edging up to highs last seen in 2010 of PHP215-220/40kg bag due to higher input costs and increasing demand. Data from the Philippine Department of Trade and Industry showed that the price of cement is PHP205/40kg bag for the Republic and Rizal brands, higher than the PHP185-190 price range in May 2011. “We have managed to increase prices but current level is still lower by 3-5 per cent compared to 2010 suggested retail price due to high input costs and in... |
Northern Pakistan prices decline30 May 2012, Published under Cement NewsPakistan cement prices have registered a decline of PKR20/bag during May to PKR415-420/bag from PKR435-440/bag due to the start of wheat harvesting, which created a temporary shortage of labour for the construction industry, sources said on Tuesday. It is traditional for construction activity to slow in April and remain under pressure in the Punjab and and Khyber-Pakhtoonkhwa (KPK) until August. Daily dispatches have reduced to 60,000t from around 80,000t, one north-based cement produce... |
Tanga Cement price comment, Tanzania29 May 2012, Published under Cement NewsTanga Cement's managing director Erik Westerberg has said that is poor and unreliable rail transport is causing an escalation in cement prices in the country. “We are relying on road transport to move our products which is very costly,” Mr Westerberg told East African Business Week during the cement producers AGM last week. “If we were to use rail transport it would reduce the costs of production thereby reduce the final prices," he said. He added that, if the rail transport was reliab... |
Oman expected to raise prices in 201328 May 2012, Published under Cement NewsOmani cement producers will be able to raise prices by 2013 as dumping from the oversupplied UAE market slows and demand improves domestically and abroad, according to analysts, the Muscat Daily reports. A BankMuscat research report said that the drop in domestic price realisations took a 'halt' in the first quarter this year after six quarters of continuous declines, while the export realisation uptick came as a positive surprise. The report said, “Realisations have largely stabilised at ... |
Kyrgyz Parliament demands the Government explain high price of cement24 May 2012, Published under Cement NewsThe Kyrgyz Parliament has requested that the government explain why cement prices have dramatically soared in the country, according to local press reports. Today deputy Dastan Dzhumabekov reported that the price for a bag of cement increased to KGS600. “This has never happened. Citizens are outraged and do not understand what is happening. The government should come to Parliament and report,” he said. Earlier, deputy Turatbek Madylbekov demanded that representatives of Kant Cement and... |
India: dumping duty on UAE, Iran white cement extended23 May 2012, Published under Cement NewsIndia’s Finance Ministry has extended the validity of existing anti-dumping duty on white cement imports from Iran, UAE until 11 April 2013. Business Line reports that this this one year extension follows the anti-dumping directorate’s recent move to initiate sunset review investigations on white cement imports from UAE and Iran. The petition seeking the review was filed by JK White Cement Works and Birla White. The existing anti-dumping duty on white cement imports ended in April this... |
Mexican prices see slight increase23 May 2012, Published under Cement NewsDuring May, cement prices in Mexico and the United States showed a slight increase. Grupo Financiero Banamex said that according to its latest survey, the average regional retail price in the country reached up to MXP123/50kg. However, he noted that price adjustments across the country were varied. "The price change was mixed, as for example in Monterrey and Guadalajara prices rose two per cent in Mexico City was an increase of one percentage point, in Aguascalientes, Tijuana and Chihu... |
Abu Dhabi cement prices up 8.7%, UAE15 May 2012, Published under Cement NewsAbu Dhabi issued its monthly report on the prices of building materials for the month of April 2012 issued by SCAD. As the report reveals, the average prices of several building materials groups have undergone changes during April 2012, compared with March 2012. Prominent among these was the rise of 8.7 per cent in the average price of cement, reflecting increases in the prices of most of the items under this group in the range of 6.1 per cent for white cement and 19.2 per cent for Portland... |