Cement News tagged under: trading
Egypt sees 151% cement export surge in 202103 March 2022, Published under Cement NewsCement exports from Egypt are up 151 per cent YoY in 2021 to US$456m from US$182m in 2020, according to a recent report by the Export Council for Building Materials, Refractory and Metallurgy Industries. The increase in exports was driven by a higher demand for Egyptian cement, said Medhat Stefanos, chairman of the cement division of the Federation of Egyptian Industries. In addition, domestic producers are focussing on expanding their market to Africa. |
Belarusian commodity exchange to sell 1.5Mt in 202228 February 2022, Published under Cement NewsThe Belarusian Universal Commodity Exchange (BUCE) expects the sell around 1.5Mt of cement in 2022. In 2022 up to 50 per cent of the total volume of cement by the Belarusian Cement Co to the domestic market, or 1.5Mt, will be put up for auctions. In the first stage, buyers will include any companies, except for those engaged in the construction of facilities financed from the national budget and the funds equivalent to it. Market participants are offered one-time or long-term ones excha... |
Energy complex sees uplift on Ukraine-Russia conflict, but discounts are stable24 February 2022, Published under Cement NewsSince ICR’s most recent energy report , Russia’s recognition of the Donbas region in Ukraine and military move into it are lifting the energy complex. As no war has broken out at the time of writing, medium effects depend on political sanctions and the respect of borders. In the short term, oil is close to US$100. High-sulphur (6.5%, 40HGI) FOB petcoke price, historical view 2006-22 As coal pushes higher, petcoke prices are increasing. Discounts are stable in neutral zones. Th... |
Carbon reaches EUR100 in Cal23 – a new all-time high as power generation demands more coal and gas24 February 2022, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark The EUA Dec 22 has set a new all-time high at EUR98.50, driven by real demand for compliance as especially coal but also gas are increasingly filling the gap left by a drop in nuclear-based power in France. To ensure sufficient baseload electricity, several coal-fired plants are being restarted. However, financial players continue to make up ~35 per cent of the market and are only buyers with a target towards EUR100. It will be interesti... |
Lafarge Algeria aims to export 3Mt23 February 2022, Published under Cement NewsHolcim -owned Lafarge Algérie has carried out two more export shipments from the port of Oran, Algeria. A cargo of 35,000t of bulk grey cement and a 30,000t shipment of white cement in big bags were supplied by the Oggaz plant and are destined for the Americas. This year, the company aims to export 3Mt. In 2021 Lafarge Algérie exported 2.6Mt of cement, up 120 per cent when compared with 2020. The shipments have propelled Algeria to be the largest exporter in Africa and the No 2 in the M... |
Pakistan's cement and clinker exports decline22 February 2022, Published under Cement NewsPakistan's cement and clinker exports have decreased in the first seven months of the FY21-22. According to local analysts, historically, when domestic demand is booming, exports take a backseat, and when the domestic market is slowing down, exports contribute a critical share in total sales. It makes more economic sense to sell domestically where prices are more desirable and less competitive. The Indian supply has not been restored to date, and there is no momentum in dispatches to Kabul... |
Geopolitical risk drives entire energy complex higher with oil at 8-year peak and coal supporting petcoke prices19 February 2022, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark The euro rose sharply from US$1.1150 to US$1.1450 after the European Central Bank hinted that rate hikes were on the way, based on fear of higher inflation numbers. However, while it is expected to remain in the range of US$1.115-1.1600, volatility could arise depending on the geopolitical outcome after tensions increased when Russian troops amassed near the Ukrainian border, favouring a stronger US dollar. The Turkish lira stabilised be... |
Algerian trucker dispute threatens clinker exports18 February 2022, Published under Cement NewsFollowing the decision of the Algerian authorities to strictly apply the laws of overloading trucks, the transport sector has responded with a call for higher transport rates, a truckers’ strike and road blockages – actions that are threatening the export of clinker from the country. In a statement to the local press, cement producers GICA, Lafarge Algérie, Amouda and Biskria have denounced the persistence of road blockages by protesting carriers. “After negotiations with the transporters ... |
Bangladesh export dispatches rise in 7MFY2209 February 2022, Published under Cement NewsBangladesh’s cement industry has earned export revenue of US$4.66m in the seven months of FY21-22 (July 2021-January 2022), compared to US$4.42m in the year-ago period. This reflects a growth of 5.4 per cent YoY. The figure also includes a minor amount of salt, stone and related products, according to the Bangladesh Export Promotion Bureau (EPB) data. The export value for cement decreased by 0.4 per cent, underperforming compared with the government target set for the period due to an in... |
Saudi cement sales fall 6% to 4.9Mt in January08 February 2022, Published under Cement NewsThe total sales of 17 Saudi cement producers fell per cent to 4.9Mt in January, compared to 5.2Mt in the same month last year, according to recent data issued by Yamama Cement Co . Locally, 13 market players reported lower sales, led by Northern Region Cement C o with a 60 per cent YoY decline. It was followed by United Cement Industrial Co (down 35 per cent YoY), and Al-Jouf Cement Co , down 24 per cent YoY. On the other hand, four companies recorded higher sales, headed by Y... |