Cement News tagged under: Trading
Pakistan: CCP plays vital role in stabilising cement prices04 March 2010, Published under Cement NewsThe effectiveness of the Competition Commission of Pakistan has been proved by the stability in the cement prices at a lower level of PKR220-240 per bag. Cement rates during past four years did come down to this level for a brief period of two to three weeks otherwise the rates fluctuated from PKR280 per bag to PKR380 per bag. This time around the stability of lower cement rates has been extended to over three months. It is pertinent to note that the cement manufacturers have not yet pai... |
Pakistan exports increase during 7MFY09-1026 February 2010, Published under Cement NewsPakistan exports witnessed an increase of 0.8Mt during the first seven months of the current fiscal year July-January 2009-10, according to the latest figures released by All Pakistan Cement Manufacturers Association (APCMA). According to the data, cement exports surged to 6.6Mt at the end of January 2010, compared to 5.8Mt in the corresponding period last year. Local dispatches reached to 10.25Mt during the period compared to 10.11Mt in the same period last year. Cement production capac... |
Pakistan seven month export figures19 February 2010, Published under Cement NewsPakistan exported 6.6Mt of cement in the seven months ended Jan. 31, compared with 5.8Mt in the same period a year ago. Pakistani cement makers also sold 12.5Mt of cement in the local market, compared with 11.1Mt a year ago, Shehzad Ahmed, secretary of the All-Pakistan Cement Manufacturers Association said . Source: Bloomberg |
Abolish import duty on cement inputs: Binani Group16 February 2010, Published under Cement NewsBelow is the wish-list of Vinod Juneja, managing director (MD), Braj Binani Group for upcoming budget: He said cement is an important raw commodity / input for the infrastructure & real estate sector. In cement sector import duty on inputs is higher than its finished goods which include high import duty on Coal, Petcoke and Gypsum which are major inputs for Cement. He expects reduction or complete abolishment in the present import duty on input cost. The budget should also include some... |
Philippine duty-free cement okayed09 February 2010, Published under Cement NewsPresident Gloria Macapagal-Arroyo has approved a proposal to extend duty-free imports of cement to stabilise prices, a Cabinet official said on Monday. Duty-free imports for the commodities, which lapsed last month, will last for six more months and will be enforced retroactively, Trade Secretary Peter B. Favila told Malacañang reporters in a teleconference. Without the exemption, importers must pay a 3-percent tariff if they are buying from member-countries of the Association of Southeast... |
Philippines cement prices seen stabilising03 February 2010, Published under Cement NewsPhilippine cement prices are stabilising, the Trade department yesterday said, as several manufacturers have either backtracked on plans to raise prices or are being made to explain reported cases of overcharging. Cemex Philippines has taken back an announcement to slap a 5% increase for its cement products after the Trade department demanded justification, Undersecretary Zenaida C. Maglaya told reporters yesterday. Lafarge Philippines, meanwhile, has been ordered to refute a dealer’s clai... |
Ethiopia to suspend cement imports01 February 2010, Published under Cement NewsEthiopian government has announced that it would stop importing cement as of February 7, 2010, the Ministry of Works and Urban Development said. Land and Housing Development Bureau Head with the Ministry , Amare Assegdom said in a news conference he gave here on Friday that the import of cement would be suspended as of the stated period as there is adequate supply of the product in the country. |
Philippine cement price, supply remain stable01 February 2010, Published under Cement NewsA top official of the Department of Trade and Industry (DTI) announced Friday that the price and supply of cement in three key areas in Zamboanga Peninsula remain stable. Zamboanga Peninsula DTI Director Nazrullah Manzur made the announcement after completing the monitoring of the price and supply of cement in Zamboanga City, Dipolog City, the capital of Zamboanga del Norte, and Pagadian City, the capital of Zamboanga del Sur. Manzur said that as of January 18, the price of Portland cement... |
Egypt: Minister no restrictions on cement prices27 January 2010, Published under Cement NewsMinister of Trade and Industry, Rachid Mohamed Rachid, mentioned that there is no objection to the increase in cement prices, provided that this is justified and logical and would not harm consumer, reported Al-Masry Al-Youm. The minister said in a statement that the government will not impose any restrictions on the price of cement in the market, but in return will not give up their key role in oversight and regulation of market forces, through the mechanisms provided by the law. Earlier ... |
Azerbaijan imports down, Jan-Nov 0925 January 2010, Published under Cement NewsAzerbaijan imported about 1.6Mt of cement and clinker during the January-November period –11.5 per cent less compared to the same period of 2008, the State Statistical Committee said. Imports amounted to US$63.4m down 12.1 compared to the same period of 2008. |