Cement News tagged under: international
Salvadoran cement prices up 4% in August03 September 2021, Published under Cement NewsCement prices in El Salvador have increased four per cent YoY to US$7.87/42.5kg bag in August 2021 from US$7.57/bag, delivered ex-works. Retail prices rose by 3.6 per cent YoY to US$8.68/bag from US$8.38/bag over the same period. |
Bolivia’s cement market sees 26% expansion in June02 September 2021, Published under Cement NewsCement consumption in Bolivia increased 25.6 per cent YoY to 289,440t in June 2021 from 230,378t in June 2020, according to data from the country’s statistics office, INE. However, when compared with June 2019, when demand reached 330,612t, a 30.3 per cent contraction was reported. Domestic cement production increased 25.5 per cent YoY to 299,517t in June 2021 from 238,640t in June 2020. However, when compared with an output of 339,171t in June 2019, a 29.6 per cent contraction was reported. |
Yousheng Cement reportedly plans Cameroon project02 September 2021, Published under Cement NewsChina’s Yousheng Cement is reportedly planning to build a cement plant inside the port of Douala, Cameroon, according to Business in Cameroon. While the capacity was not disclosed, public sittings related to the project’s environmental impact assessment have been planned. |
Pakistan cement production rises 27% in 12MFY2131 August 2021, Published under Cement NewsThe overall output of the Large-Scale Manufacturing Industries Index (LSMI) in Pakistan increased by 14.9 per cent for July 2020-June 2021 compared to July 2019-June 2020, including local cement production, FBS estimated. Industry attributes the increase in production on the back of a boost in local demand by housing schemes. During the last fiscal year of July 2020-June 2021, Pakistan's cement production increased by 27.3 per cent, YoY to 49.803Mt compared to 39.121Mt in the preceding ... |
Coal rally reaches 2011 highs while petcoke discounts up to 37%27 August 2021, Published under Cement NewsBy Brannvoll Aps, Denmark Following on from ICR’s most recent energy report , the coal rally has now reached levels comparable the highs of 2011, leading to more supply distortions. Petcoke FOB contracts are dragged up close to all-time highs with only a few deals available. Discounts for petcoke FOB (USGC 6.5 per cent, 40 HG/API 4) have increased to 37 per cent. However, freight rates have continued to climb, putting a lid on FOB prices to some extent. Additional context i... |
Vietnam sees 8% drop in July domestic sales26 August 2021, Published under Cement NewsCement sales in Vietnam in July 2021 declined eight per cent YoY to 4,964,884t and by 19 per cent from 6,095,139t in June 2021, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM sales fell by eight per cent to 1,627,342t when compared with July 2020 and by 22 per cent from 1,853,650t in June 2021, while for its associates, the YoY drop was 25 per cent to 1,037,542t and 28 per cent from 1,434,489t in June 2021. However, other cement producers in the country imp... |
Pakistan anticipates rise in cement exports to Afghanistan26 August 2021, Published under Cement NewsOn 15 August the Taliban took over Kabul and declared their rule over Afghanistan. Taliban spokesperson Zabihullah Mujahid said at his first press conference that the Taliban would continue trading with neighbouring countries and steps would be taken to promote trade. Business people and traders in Pakistan widely welcomed the announcement and the Pakistan stock exchange (PSX) and the country's bilateral trade with Afghanistan saw a short term sudden rise. According to Spectrum Resear... |
Indian cement prices down 4% MoM24 August 2021, Published under Cement NewsAt an all-India level, cement prices fell four per cent MoM basis from INR369 (US$4.98)/50kg bag in July to INR356/bag in August, according to Kotak Institutional Equities. Central India was the least hit with a price correction of INR3/ bag in August, while some regions have recorded drops as steep as INR30/bag. "Dealers in large states like Madhya Pradesh and Uttar Pradesh report a strong pick-up in trade sales in August after a weak July 2021 led by the monsoon. Dealer feedback for ce... |
Iraq to see new US$250m cement project23 August 2021, Published under Cement NewsIraq has reportedly awarded a project to a Spanish company to construct a cement plant at a cost of around US$250m. Iraqi Industry Minister, Manhal Al-Khabbaz, said the plant in the Nineveh Governorate, northern Iraq, would have an initial capacity of 4000-4500tpd, but could be expanded further at a later date, according to Zawya. The project is expected to complete with the next 2.5 years and produce new types of cement that are not currently available in the country. "This is a sign... |
Kenya consumption up 27% in 5M2123 August 2021, Published under Cement NewsCement consumption in Kenya advanced 26.6 per cent YoY to 3.35Mt in the January-May 2021 period when compared with 2.64Mt in the 5M20, according to the Kenya National Bureau of Statistics. The increase was supported by ongoing infrastructure projects such as the Nairobi Expressway and higher activity in the real estate market. Output from domestic producers increased by 27.3 per cent to 3.38Mt in the 5M21 from 2.65Mt in the 5M20. “Cement production has been strong, aligned with consumpti... |