Cement News tagged under: trading
Ho Chi Minh City prices rise, Vietnam06 December 2011, Published under Cement NewsCement prices in some factories located in Ho Chi Minh City (HMC) factories have risen by VND93,000/50kg bag despite declines in local demand. Currently, Ha Tien 1 is selling cement at VND93,000/bag (US$4.46), while Holcim’s cement is priced at VND92,000/bag (US$4.42). |
Oman cement prices see 13 per cent decline05 December 2011, Published under Cement NewsOman continues to feel a pinch of the crisis by registering a huge 13 per cent fall in cement prices in the nine months of 2011, compared to the previous year and declined 19 per cent since the year ended 2010, the largest decline among other Gulf Cooperation Council (GCC) peers, according to a report prepared by Global Investment House. Omani companies are pressured by UAE cement companies which supply cement at a lower cost to the Sultanate, thus hurting margins of Omani companies and ign... |
China: cement prices fall 1.1%02 December 2011, Published under Cement NewsThe average price of cement nationwide fell 1.12% last week, dragged down by the price declines in Henan and Guizhou provinces. Heilongjiang and Jilin provinces had published winter cement prices last week, and Harbin Portland cement 32.5 was priced at CNY400/t (US$62.9/t). According to Wang Xiaoliang, an analyst with Digital Cement, many cement makers had already halted production, and were waiting for cement prices to rise at the beginning of 2012 on expectations of higher demand. The av... |
Bangladesh: MI Cement win gold trophy for export01 December 2011, Published under Cement NewsMI Cement Factory Ltd which sells cement in Bangladesh under the brand name of Crown Cement, has won National Export Trophy (Gold) for the second consecutive year for its extraordinary contribution to the country’s economy through foreign currency earnings. Prime minister Sheikh Hasina handed over the trophy to the company’s managing director Khabiruddin Mollah at a function at Osmani Memorial Auditorium in the capital, organised by Ministry of Commerce and Export Promotion Bureau. Crown... |
Ethiopian cement factories reduce prices29 November 2011, Published under Cement NewsEthiopian cement factories, Mesobo and Mugher have reduced the price of their cement products. The price changes are effective for Mugher products starting today. The new prices for Mugher Cement in Addis Ababa are ETB278 and ETB350 for OPC. Mesobo PPC cement will sell for ETB200 and OPC will sell for ETB280. The factory decided to reduce prices because recent expansion projects undertaken by the factory have resulted in increased production, according to Ato Elias Kifle Director of Mugh... |
Indian cement price may go up by 1-2% in November23 November 2011, Published under Cement NewsThe average price of cement, which stands at INR280 per bag (US$5.36) of 50kg, may go up by between INR3-6 per bag in the current month on increased construction activity, according to report by Crisil Research. "Post the festive season, the construction activity and consequently cement demand will gain traction, which could lead prices to rise by 1-2%, on a MoM basis, in November, 2011," Ajay D’Souza, Crisil Research head said. The average retail price of cement in the country rose by ab... |
Ethiopian cement factories request import ban23 November 2011, Published under Cement NewsEthiopian cement factories, Mugar and Messobo, have requested that the government halt cement imports in letters to the Ministry of Finance and Economic Development. The cement plants claimed that they can produce enough to meet local demand. The cement factories have excess stock according to an anonymous official at Mughar. The two factories have increased their production by a total of 1.7Mta following expansion projects. There has been seen an unexpected change in trend in the cement s... |
Pakistan cement exports fall in Jul-Oct 201123 November 2011, Published under Cement NewsPakistan cement manufacturers and exporters during first four months of current FY2011-12 (July-October) exported 2.991Mt of cement and earned US$161.702m compared to 3.347Mt at US$162.993m in the corresponding period of the previous year. This shows cement exports fell by 10.63% and 0.79% in terms of volume and dollar value, respectively, according to data released by the Pakistan Government’s Federal Bureau of Statistics. However, in terms of Pakistani rupee, export values were up slight... |
India: cement demand sluggish in all regions except west22 November 2011, Published under Cement NewsIIFL Institutional Equities, a part of the IIFL Group, one of the leading players in the Indian financial services space, in a recent report on the cement sector said that barring the west, demand was sluggish in other regions. Prices had increased by INR15-25/bag (US$0.28-0.47) in the western region over the last three weeks on robust demand. More price increases are indicated by producers in Gujarat, dealers said. Seasonal discounts of INR5-10/bag have commenced in a few markets in nor... |
Pakistan asks India to lift tariff, non tariff barriers16 November 2011, Published under Cement NewsAgainst the backdrop of government’s fresh decision of granting most-favoured nation (MFN) status to India, Pakistan has decided to ask India to lift tariff and non-tariff barriers. According to a senior official, after lifting tariff and non-tariff barriers form Indian side that exist on its exports of different products including cement and textile only then Pakistan would allow imports of Indian goods nearly 2,000 included in its positive list relating to India. Trade talks between Pa... |