Cement News tagged under: Trading
Cement prices stay firm on late rains, strong demand26 July 2004, Published under Cement NewsAs against the usual trend of cement prices weakening in the monsoon season (June-September) by nearly 7-8% from its peak, in the current season, overall Indian prices are down by only two per cent so far. Cement prices are least affected this time since ’99 when prices fell by only 0.8% during monsoons. The current national average price of Rs 147 per bag is nearly 10% higher than the same period last year. Cement makers attribute this to a better supply-demand balance in the current seas... |
26% duty on imported cement21 July 2004, Published under Cement NewsThe anti-dumping and Subsidies Commission (ADSC) has made an affirmative final ruling in the Safeguard Investigation regarding imported building cement. The ADSC has recommended a definitive Safeguard measure in the amount of 25.83% duty on imported cement. This ruling is not only significant to Carib Cement but has positive implications for the manufacturing sector in Jamaica. Carib Cement’s General Manager, Anthony Haynes lauded the ADSC on its foresight and action in its application... |
Cement prices drop after ministry intervention19 July 2004, Published under Cement NewsAn official source from Omani Ministry of Commerce and Industry has said measures made recently by the ministry’s consumer production department to regulate export of local cement has succeeded in curbing the hike in cement prices. He said regular follow-up reports received by the ministry indicated that cement prices in the Sultanate were less by 40 per cent when compared with prices prevailing in the wider region. The official said cement price in the district of Nizwa currently stands a... |
Trial of "cement gang" demanded19 July 2004, Published under Cement NewsA statement signed by 785 Palestinian figures has called for trying the "cement gang" that supplied the Zionist entity with Egyptian cement shipments that were used in the separation fence construction, according to the UAE daily ’Al-Bayan’. The signatories, researchers, academicians, politicians and representatives of the private sector, criticized the Palestinian legislative council’s performance in the economic sector. The statement expressed surprise over the Palestinian Authority govern... |
Cemex Tampico port row19 July 2004, Published under Cement NewsWith the Port of Tampico, Mexico declaring that the incoming cement storage and transhipment vessel, Mary Noor poses no risk to passing traffic, and perhaps the Cemex claim that access to its own facilities could be restricted, is a little exaggerated, the national press has now picked up on the story with the following cartoon appearing in two national Mexican newspapers under the caption: “Cynical or desparate” |
India’s rising exports16 July 2004, Published under Cement NewsDemand for cement in the Arabian Gulf has opened up export market for units located in coastal areas with the export prices going up by 15 to 20 per cent over recent months. Minister of State for Commerce and Industries, E V K S Elangovan, told reporters that the Indian exporters were able to meet the entire demand for which they received orders. The fact that Indian exporters have the capacity to meet the increased demand from importing countries is established by the fact that the export o... |
Philippine Supreme Court lifts special tariff on cement12 July 2004, Published under Cement NewsThe Philippine Supreme Court has lifted a special import tariff imposed by the government to protect local cement manufacturers. The court decision is a victory for Southern Cross Cement Corp. - a cement importer owned by Japan’s Teiheiyo Cement Corp and Tokuyama Corp - which has questioned the validity of the 20.60-peso special tariff imposed by the government in December 2001 on each 40kg bag of imported cement. The import duty was pared to PHP15.60 per bag in March this year after loca... |
Cement exports up 160 per cent on Afghan demand12 July 2004, Published under Cement NewsCement exports have jumped to 1.1Mt in 2004 mainly to Afghanistan with some cement exports to the UAE as well, reflecting a growth of 160 per cent over 2003. The total cement exports in 2003 had been at 430,000t, this year up to 1.1Mt with short-term outlook still strong. The special jump came through June as if compared the numbers on monthly basis total exports in June soared to 132,000t as against 79,000t in the month of May. Bestway Cement remained the largest cement exporter with ex... |
Indonesian cement consumption up05 July 2004, Published under Cement NewsIndonesia’s domestic consumption of cement reached 11.244Mt during the first five months of 2004, an increase of 8.7 per cent from 10.321Mt for the same period last year, according to data released by the Indonesian Cement Producers Associations. The data showed that domestic cement consumption amounted to 2.373Mt in May, up 6.3 per cent year-on-year. Cement exports rose sharply from 662,600t in May 2003 to 825,787t in May this year, it added. |
Cement prices in UAE fixed01 July 2004, Published under Cement NewsThe price of bulk cement in the UAE was fixed at a maximum of 280 UAE dirhams (US$76.2) a tonne and the price of a bag at 15 dirhams (US$4.08), following an agreement reached by the panel created to supervise the cement prices in the country on June 30, 2004. The panel, comprising representatives of the UAE Ministry of Economy and Commerce, the Contractors’ Association and cement manufacturers, will implement the new prices on July 1, 2004. The three sides also agreed that cement manufactur... |