Cement News tagged under: Trading
Cement export to India faces delay10 July 2007, Published under Cement NewsCement exports to India by Pakistani manufacturers are not likely to resume anytime soon because the Bureau of Indian Standards (BIS) has not completed its certification process, industry sources told Daily Times. The Managing Director of a leading cement company said that nothing was certain as yet about the resumption of cement export to India because BIS officials were yet to visit plants here. BIS has the authority to certify the quality of cement to be sold in India, whether domestical... |
PCC exports 17,000t of cement to east Africa09 July 2007, Published under Cement NewsPakistan Cement Company (PCC), a majority owned subsidiary of Orascom Construction Industries (OCI), has begun export of cement to east Africa by sending a shipment of 17,000t. The shipment is the first to reach the east African region from Pakistan, the company claims. PCC delivered the export shipment through OCI Cement Trading (OCT), which is a wholly owned subsidiary of OCI that provides export and import services to the OCI Cement Group worldwide. PCC also exports cement to Afghanista... |
Cancellation of export rebates negative to China’s leading cement companies26 June 2007, Published under Cement NewsChina’s cancellation of export rebates will exert negative impact on domestic leading cement enterprises. Industrial insiders explain that leading companies such as Anhui Conch Cement Co. Ltd, Huaxin Cement Co. Ltd and Tangshan Jidong Cement Co. Ltd deliver most of cement for export. As the volume of cement for export is small in general, it does not greatly affect the international market. Making small profits from export, both Anhui Conch Cement and Tangshan Jidong Cement focus mainly o... |
Alashankou Port Cement Exports Rise22 June 2007, Published under Cement NewsAccording to the latest statistics released by Urumqi Customs, Alashankou Port exported 14,200t of cement in May 2007, worth US$ 710,000. The port exported 30,600t of cement in the first five months of 2007, worth US$ 1.9m, up 149% and 113% YoY respectively. The exports involved cement and clinker, white cement, Portland cement and sulphoaluminate cement, all of which were exported to Kazakhstan and Uzbekistan. Kazakhstan’s robust demand for building materials was the major driving force beh... |
Ningbo port’s cement exports rise in first five months of 200721 June 2007, Published under Cement NewsNingbo Port exported 93,600t of cement in the first five months of 2007, worth US$3.508m, up 173.3 and 54.1 times YoY, according to the latest statistics released by Ningbo Customs. Ningbo Port exported cement mainly to Nigeria, Iraq and Jamaica, exporting 44,800t, 25,300t and 23,400t respectively. The port’s cement exports focused on Portland cement, which accounted for 99.9% of its total, with the average export price at US$ 37.5/t, down 68.8% year-on-year. |
ACC seeks South African coal cargoes21 June 2007, Published under Cement NewsACC Limited, one of India’s largest cement and concrete manufacturers, is tendering for two to three panamaxes of South African coal for delivery in July and August, traders said. Indian cement makers of all sizes have been trying for the past two weeks to delay coal purchases since prompt South African coal prices rose to over $58.00 a tonne FOB Richards Bay from $54.00 a few weeks ago. Because freight rates have remained at around $30 a tonne for panamax and handymax vessels, Ind... |
Indonesia proposes import duty on cement18 June 2007, Published under Cement NewsThe Indonesian Industry Ministry said it had proposed the imposition of a 5% import duty on cement to protect local industry from large-volume imports - especially from China. Current cement is exempted from import duty. Downstream Chemical Director General Tony Tanduk said the Tariff Team of the Finance Ministry had been given a green light. He said other members of Asean (which includes Indonesia) had already imposed import duties on cement. The Indonesian Cement Associa... |
Belarus to export 130,000t of cement to Moscow18 June 2007, Published under Cement NewsBelarus will export a total of 130,000t of cement to Moscow this year, Prime Minister Syarhey Sidorski told reporters in Minsk on Friday. According to him, 90,000t has already been supplied. The premier noted that Belarus’ cement works would undergo serious modernisation in 2007, which would increase their annual output capacity by 500,000t. He said that apart from high-quality cement, Belarus supplies Moscow with crushed granite aggregate for road construction. On June 6... |
Burundi: cement prices up as South Africa rehabilitates stadiums18 June 2007, Published under Cement NewsBurundian Trade and Industry Minister Donatien Nijimbere says cement prices on the Burundian market has increased from about US$14-20 /bag due to constructions in South Africa. "The situation is due to the fact that the cement which was imported from Tanzania and Zambia is taken to South Africa which is rehabilitating stadiums to be used in the 2010 World Cup". |
FMC unwilling to allow trading in cement future, India15 June 2007, Published under Cement NewsCommodity market regulator Forward Markets Commission is not inclined to allow future trading in cement, a proposal mooted by leading bourse NCDEX. “We expressed our reservations on futures trading in cement,” FMC Member Kewal Ram said referring to the permission sought by National Commodity and Derivatives Exchange (NCDEX) to start trading in cement futures. NCDEX had approached FMC for cement futures about a year ago, he said, adding that it was an ‘old issue’. “At one stage we said no,... |