Cement News tagged under: Trading
Ukraine-Russia tension lifts oil, gas and coal prices while petcoke discounts improve rapidly04 February 2022, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark Since ICR’s most recent energy report , the geopolitical risk relating to Ukraine-Russia tension has lifted oil, gas and coal prices. The Indonesian exports, which results in taking out 25Mt of coal from the export market. In China prices continue to settle under the maximum level set by the NDRC. High-sulphur (6.5%, 40HGI) FOB petcoke price, historical view 2006-22 With coal prices higher again, petcoke is seen stabilising with ... |
South African cement imports up 19% in 11M2101 February 2022, Published under Cement NewsCement imports into South Africa surged to their highest level in 2021 as they reached 161,555t in November despite the government drive to use domestically-produced product and banning imported cement from public sector construction projects. In October 2021 imports were significantly lower at 34,964t, down from 151,452t in the previous month. In the 11M21 imports volumes expanded 18.7 per cent YoY to 1.097Mt with product coming mainly from Vietnam and Pakistan. |
Madagascar imports 12,000t of cement31 January 2022, Published under Cement NewsThe Madagascan state, through the Ministry of Industrialisation, Trade and Consumption, has imported 12,000t of Lucky Cement at reduced prices. The arrival of the cement should help regulate a market that has now been stable for several months. The cargo arrived in Toamasina, Madagascar, on 17 January and is available at the warehouse of State Procurement of Madagascar (SPM), which is calling on distributors to sell them on to the domestic market. Distributors can purchase the cement at ... |
Carbon returns to uptrend following retracement from all-time high in December27 January 2022, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark The EUA Dec 21 saw an incredible 200 per cent rise during 2021 from EUR31 to EUR92. More recently, the market saw a sharp retracement down to EUR72 reflecting the energy complex as well as calls for measures against financial speculation. However, as a report concluded that no manipulation had been taking place, the market quickly started its uptrend again. Compliance buying increased as power producers are using more coal as this is the ch... |
Oil back to US$80 while Indonesian export ban supports coal – petcoke steady in low December trading27 January 2022, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark The euro was stable between US$1.12-1.14 despite the US Federal Reserve focussing on higher yields in 2022. A range of US$1.12-1.16 can be expected in the next few months, still looking towards US$1.18 later in the year. The Turkish lira collapsed to TRY18.40, before new strict curbs forced it back to TRY10.50. Still under pressure from negative real interest, the lira has softened to TRY13.80. Table 1: Prices at a glance ... |
Málaga resumes cement export26 January 2022, Published under Cement NewsFollowing a stop since September 2021, the export of cement from Málaga, Spain, has resumed. With a frequency of between 1-2 cargoes leaving the port per month, activity is expected to remain similar to that seen before the suspension of exports. Until September, five different ships by Bergé Condeminas completed 18 loading operations with cement exported to the port of Banjul in Gambia, according to Málaga Hoy. Last Friday Grit Cement III docked at Pier 6 to take 8000t of cement on-boar... |
Pakistan cement records dismal performance in December06 January 2022, Published under Cement NewsAccording to the data released by the All Pakistan Cement Manufacturers Association (APCMA), total cement dispatches declined by 4.2 per cent in December 2021 to 4.59Mt from 4.79Mt dispatched during the same month last fiscal year. AKD Research referred to this dismal performance to seasonality but expressed hope that the local demand remains vital for FY22 as economic activity continues to pick up where the private sector is expected to provide significant support to demand. Out ... |
Coal stabilising while petcoke continues lower30 December 2021, Published under Cement NewsBy Frank O. Brannvoll, Brannvoll ApS, Denmark Since ICR’s most recent energy report , the price of coal has stabilised and started to move higher after sharp falls in November. China is still keeping a lid on prices, but as prices of gas in Europe are moving higher, new use of coal is dragged up. High-sulphur (6.5%, 40HGI) FOB petcoke price, historical view 2005-21 Meanwhile, petcoke continues lower but is slow based on indexation. Discounts are back, increasing the demand f... |
Belarusian commodity exchange sees 64% rise in cement exports30 December 2021, Published under Cement NewsThe Belarusian Universal Commodity Exchange (BUCE) saw a 64 per cent YoY increase in cement export transactions in January-December 2021 to US$15.2m, according to the exchange’s press service. Two transactions were carried out on 28 December to supply 6000t and 39,000t of Belarusian Portland cement with a total value of US$2.7m to Poland. In 2021, 74 per cent of the country’s cement exports were sold through BUCE to the Russian Federation, with 10-12 Russian companies regularly participa... |
Egypt sees exports up 180% in 10 months24 December 2021, Published under Cement NewsCement exports from Egypt in the first 10 months of 2021 have increased 180 percent to US$397m when compared with US$142m in the 10M20, according to the Export Council for Building Materials, Refractories and Metal Industries. The country exported cement to 79 countries, including 25 new destinations. Five countries accounted for 60 per cent of exports, led by Côte d’Ivoire, and followed by Libya, Ghana, Sudan and Kenya. Other countries included Cameroon, Togo, Spain, Guinea, Mauritania, L... |