Cement News tagged under: trade
Bangladesh opens new ports of call with India to increase trade26 May 2020, Published under Cement NewsBangladesh and India have added five more ports of call to its existing six and two Indo-Bangladesh Protocol (IBP) water routes. The move would help reduce transport cost in exporting bulk amount of cement to Tripura and the other northeastern states, said Mr Shahidullah, managing director of Metrocem Cement and first vice-president of Bangladesh Cement Manufacturers Association. The five new ports of call in Bangladesh that were put in the Second Addendum to the Protocol on Transit and Tr... |
Vietnam's cement exports to China drop 5% in 1Q2012 May 2020, Published under Cement NewsChina was the largest market for Vietnamese cement imports in the first quarter of 2020, importing 2.73Mt worth US$96.92m, according to the latest data from the General Department of Vietnam Customs. This was down 5.4 per cent and 13.3 per cent YoY in volume and value, respectively, but still accounted for 35.3 per cent of Vietnam’s export volumes during the quarter. The Philippines imported 1.47Mt worth US$69.09m in the 1Q20, declining 27.5 per cent YoY in volume and 32.3 per cent in val... |
Pandemic to seriously affect global cement trade08 May 2020, Published under Cement NewsAt Cemtech's live webinar on the 'seaborne trade of cement and clinker' this week, Ad Ligthart of Cement Distribution Consultants, gave a sobering outlook on global trade in response to COVID-19 and the many government lockdowns that have been implemented worldwide. "Seaborne trade of cement and clinker will be seriously affected," said Mr Ligthart, adding: "There will be a global reduction in cement consumption and the result of that for seaborne trade and distribution is that the drop w... |
CABC report calls for Canada and USA to keep border open to cement trade09 April 2020, Published under Cement NewsThe Canadian American Business Council's (CABC) latest report on Canada/US cross-border trade calls for governments in north America to open border trade to cement and other building materials during the COVID-19 crisis to keep some liquidity in the economy. "If we don't keep this backbone of the economy going, we are going to extend the time the recovery will take, policy-makers are getting that," said Steve Morrissey, executive vice-president of the Cement Association of Canada, a member ... |
Pakistan's cement under the shadow of coronavirus25 March 2020, Published under Cement NewsPakistan's cement industry has been impacted directly and indirectly by the coronavirus pandemic. The spread of the virus is driving cement manufacturers to reschedule or hold board meetings through video link. Export dispatches to Afghanistan are being suspended, while producers are seeing a fall in local cement demand, with lockdown of the port cities of Karachi and Sindh province. The other three provinces are partially locked down and this is expected to affect local dispatches. Howev... |
Pakistan dispatches higher volume but earned lesser in 1HFY2020 January 2020, Published under Cement NewsPakistan cement industry's increased its overseas dispatches but saw value contract in 1HFY19-20. Therefore, the industry's foreign exchange revenues fell by US$11.74m in the first six months when compared with the previous-year's first half. The country's cement sector received US$145.26m by exporting 3.766Mt of cement and clinker between July and December 2019, compared to US$157m from exporting 3.671Mt of cement and clinker in same months in the previous year, according to the country'... |
Vietnamese exports rise 3% in the 10M1911 December 2019, Published under Cement NewsVietnam exported 3.58Mt of cement in October at a value of US$141.62m, representing an increase of 24.9 per cent and 17 per cent YoY, respectively, according to the General Department of Vietnam Customs. During the month, the average price of exports decreased 0.7 per cent MoM and 6.3 per cent YoY to US$39.6/t. In the first 10 months of 2019, the country exported 26.9Mt of cement worth US$1.12bn, up 2.6 per cent YoY in volume and 10.5 per cent in value. Average prices also increased 7.7 p... |
Algeria's cement export revenues rise 251% in the 9M1902 December 2019, Published under Cement NewsAlgeria’s cement export revenues have increased more than 251 per cent YoY in the first nine months of 2019, rising to over US$51m from US$14.54m, according to the Customs’ Directorate of Studies and Prospective (DEPD). Said Djellab, trade minister, has said that export revenues are expected to reach US$60m by the end of 2019, compared with US$20m in the previous year. However, he also noted that this is expected to surge to US$400m by 2021 since the industry will have the capacity to expor... |
Pakistan and Iran explore cooperation on cement trade26 November 2019, Published under Cement NewsA trade delegation from the government of Iran, headed by Ali Mohtasham Amiri, managing director of Milad-e-Noor, has visited Pakistan to explore opportunities for mutual cooperation and enhancing trade relations between Tehran and Islamabad. The cement industry is also included in their agenda, says a statement of Pakistan largest trade representative body, the Karachi Chamber of Commerce and Industry (KCCI). The delegation is interested in different types of polypropylene bags for cement ... |
China Tianrui Group Cement enters into new clinker supply agreement17 October 2019, Published under Cement NewsChina Tianrui Group Cement has entered into a new clinker supply framework agreement with Ruiping Shilong, which will remain active until 31 December 2021. While an existing clinker supply agreement for the same term has been active since 1 April 2019, the company has stated that the actual transaction amount may exceed the proposed annual cap. Therefore, the new agreement will supersede the previous arrangement. |