Cement News tagged under: trading
Belarusian Cement BUCE’s No 2 exporter in 1Q2122 April 2021, Published under Cement NewsBelarusian Cement Co was named the second-largest exporter on the Belarusian Universal Commodity Exchange in the first quarter of 2021, according to BUCE spokesperson Roman Yaniv. While timber products accounted for two-thirds of exports, cement exports nearly increased five-fold to US$10.2m in the 1Q21. “Such a surge was possible thanks to Belarusian Cement Company’s interest in concluding long-term contracts to supply products in the course of a year. If the company continues to apply th... |
Pakistan records diversified export and production results19 April 2021, Published under Cement NewsThe Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-March 2021 and July 2020-February 2021 periods. It shows diversified trends in export and local production. Export volumes increased during this period, but revenues remained flat in dollar terms, reflecting a weaker price market for cement and clinker. Meanwhile, local output increased on intense local demands and expansion in capacity. Export Pakistan's cement industry e... |
Central America sees dramatic rise in Vietnamese cement imports08 April 2021, Published under Cement NewsCentral American cement imports have grown the most in recent years from Vietnam, given that in 2016 no significant purchases were reported, Vietnam raised its share to 30 per cent of the total cement imported between January and September 2020. During the first nine months of 2020, Turkey accounted for 18 per cent of cement imports to the region, Mexico eight per cent, Barbados four per cent, South Korea two per cent, Peru one per cent, Colombia one per cent and the United States one per... |
Zimbabwean import ban raises supply concerns07 April 2021, Published under Cement NewsZimbabwean retailers are concerned over the capacity of local cement companies to satisfy demand after a cement import ban has been implemented. However, the government is keen to protect jobs and its import ban (SI 89 of 2021) has sparked fears that the move might trigger collusion among local cement producers, causing prices increases and cement shortages. "The local content policy strives to increase the consumption of local produce and it harnesses the creation of jobs so we than... |
Four Kenyan producers opposed to review on clinker imports06 April 2021, Published under Cement NewsFour Kenyan cement manufacturers have requested for an urgent meeting with the national treasury over a proposal to review the Common External Tariff (CET) on imported clinker. The Kenya Association of Manufacturers (KAM) has proposed that CET on imported clinker be reviewed from the current 10 to 25 per cent on imported clinker or a complete ban of importation to protect local manufacturers. KAM argues that the move will promote the manufacturing sector and create jobs. However, Bambu... |
Vietnam’s cement and clinker exports up 22%06 April 2021, Published under Cement NewsCement and clinker exports increased by 22.5 per cent YoY to over 8Mt in the year up to 15 March 2021, according to the latest data from the General Department of Vietnam Customs. In terms of value, there was a 14 per cent YoY rise to US$295m. However, average prices dropped 6.7 per cent YoY to US$36.40/t. A drop in average cement and clinker prices in China led to a decline in Vietnamese prices from US$40/t to U$32-33/t since late 2020. |
Cuban cement exports fall 40% in 202001 April 2021, Published under Cement NewsDespite domestic shortages, Cuba exported 21,235t of cement at a value of US$1.04m in 2020, representing a 39.7 per cent drop YoY, according to Periodico Cubano. In 2019 the country exported 35,224t of cement with a value of US$1.885m – most of the product was shipped to Colombia. In terms of export prices to Colombia, prices have been declining from US$53.50/t in 2019 to US$49/t. The Cuban national statistics office (ONEI) reported that the unit value of cement exports was US$38.70/t in ... |
Ukrcement protests against FTA with Turkey31 March 2021, Published under Cement NewsUkrcement wants to exclude the Urainian cement sector from the agreement on a free trade zone (FTA) with Turkey as cement is a commodity item that can be fully provided by domestic manufacturers. "The signing of an agreement on a free trade zone with Turkey for the cement industry poses a serious threat," said Pavlo Kachur, head of the Ukrcement association. "We have transferred our position to the Ministry of Economy and the trade representative of Ukraine." Ukrecement is concer... |
Cement export from Pakistan remains fragile in 8MFY2118 March 2021, Published under Cement NewsThe Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-February 2021 and July 2020-January 2021 periods, respectively. It shows mixed trends. Export volumes increased during this period, but revenues declined in dollar terms, reflecting a dwindling global market for cement and clinker. Meanwhile, local output increased. Export Pakistan's cement industry earned US$183.19m of export revenue by delivering 5.469Mt of cement ... |
PT Semen Padang announces export volumes08 March 2021, Published under Cement NewsIndonesia’s PT Semen Padang has announced its export volumes of cement and clinker in January and February 2021. The deliveries were made to the Maldives, Australia and Bangladesh. "From early January to mid-February 2021, the Semen Indonesia Group, through PT Semen Padang, has exported 333,532,391t of cement and clinker," said Rahman Kurniawan, sales manager. Cement and clinker exports have continued to increase, because shipments are still ongoing, he added. The company exported a... |