Cement News tagged under: Trading
‘Cheap’ Pakistan cement to hit India12 October 2007, Published under Cement NewsCement shipments from Pakistan will hit the Indian markets by the end of the month at prices that are up to a third lower than domestic prices, according to reports from Business Standard, India. Indian representatives of Pakistani cement companies told Business Standard that their brands will soon be available at about Rs 165 per 50kg bag, transported on rail through Wagah and on ship to Mumbai port. This will be about 28 per cent lower than the current price of Rs230 in the north, and ... |
Hardware store owners say cement price too high, want it from abroad, Dominican Republic11 October 2007, Published under Cement NewsHardware store owners asked the Dominican government to allow cement to be imported freely, to counter the national producers’ increase of 17 pesos per bag. Hardware store owners association president Luís Mejía said the rise isn’t justified and that the multinational cement company which operates in the country increased the price without previously notifying the distributions. He said they’ll have to pass the 20 peso increase per bag on to consumers, which he said significantly affects t... |
First shipment of cement expected to arrive in Jamaica10 October 2007, Published under Cement NewsThe first shipment of cement is expected to arrive in Jamaica Tuesday providing some relief to the construction sector which has been experiencing a shortage of supplies. General Manager of Caribbean Cement Company Limited, Anthony Haynes, told RJR News that 9,000 tonnes from Colombia is expected. "We have a shipment coming in from Columbia today of type one cement, 9,000 tonnes of cement to be packaged and put into the trade and we will also be selling to our bulk customers and that is th... |
Pakistan has huge opportunity of cement export08 October 2007, Published under Cement News"We have huge opportunity for export in the international market", Tariq Ikram Pakistan’s Minister of State and Chief Executive TDAP said while having a detailed discussion with selected cement exporters in TDAP Karachi on Saturday. Pakistan has unlimited resources of lime stone used for production of cement. Presently Pakistan has production capacity of 40 million MT. The capacity utilization is 70% and this production capacity could be increased to 30% more provided we have adequate infra... |
Jamaican cement importers get a break08 October 2007, Published under Cement NewsCement importers to Jamaica capitalizing on the critical local shortage will benefit from a reduction on the fee levied by the Port Authority of Jamaica to inspect each ton of the product. The fee will be reduced from $5 to $1 until March 31, 2008, to allow importers to bring more cement into the island to alleviate the current shortage, according to government officials. Addressing journalists at a post-Cabinet press briefing on Sept. 25, Karl Samuda, minister of industry, commerc... |
Imarex Q3 volume jumps 62 pct on strong dry bulk05 October 2007, Published under Cement NewsNorway’s ocean freight derivatives exchange Imarex NOS said its trading volumes surged 62 percent year-on-year to a record $3.8 billion in the third quarter, helped by a strong market for dry bulk transport. The notional value of dry bulk transactions increased by 300 percent to $898 million compared with the same period last year, and the total volume of contracts traded rose by 72 percent. "The third quarter has exceeded our expectations both in terms of volumes and the notional values t... |
Dar cement prices up due to high demand from Great Lakes05 October 2007, Published under Cement NewsThe price of cement in Tanzania has risen from $10 to $14 a bag in the past one month with shortages being experienced in some areas of the country. The shortage and price increase, which has affected construction activities, are attributed to huge demand for cement in the Great Lakes region countries — the Democratic Republic of Congo, Rwanda, Burundi, Malawi and Zambia — where cement fetches higher prices. Klaus Hvassing, chairman of the Tanzania chapter of the East African Cement Produc... |
India’s ACC Sept cement shipments up04 October 2007, Published under Cement NewsIndia’s second-biggest cement producer, said on Wednesday its September shipments rose 10.7 percent to 1.55Mt from 1.40Mt a year earlier. The Mumbai-based company, in which Holcim controls about 41 per cent, said production in the month was 1.55Mt, up from 1.36Mt a year ago. |
No cement shortage, says Bamburi04 October 2007, Published under Cement NewsBamburi Cement says a fire at the firm’s plant did not affect production. A statement from the firm said supply would not be affected as the fire only affected a section of the factory, which was under maintenance. The statement added that milling and packing was going on normally. Managing Director, Mr Michel Puchercos, said preliminary reports indicate the fire only affected the clinker cooler, ‘‘which in any case had been shut down for annual maintenance.’’ "We are fortunate that at th... |
Ambuja Sept cement shipments down03 October 2007, Published under Cement NewsAmbuja Cements, India’s third-largest cement maker, said on Wednesday its September shipments fell 4.2 percent to 1.29Mt from 1.34Mt a year earlier. Production fell an annual 4.6 percent to 1.27Mt, the company said in a statement. Swiss cement maker Holcim owns more than 36 percent of Ambuja Cements and has said it would launch an open offer to buy another 20 per cent. |