Cement News tagged under: trading
Ban on Lucky Cement imports still in place, Sri Lanka05 September 2011, Published under Cement NewsThe Sri Lanka Standards Institution (SLSI) has countered accusations that it played a hand in creating an artificial shortage of cement. The SLSI is only concerned with the quality of cement entering the market, said SLSI Chairman, Kanchana Ratwatte. Ratwatte made these comments in the light of the recent cement controversy, during which Minister of Co-operatives and Internal Trade, Johnston Fernando, accused the SLSI of being involved in ‘foul play’. The SLSI in July refused to provide ce... |
Rising input costs impact Punjab prices, India01 September 2011, Published under Cement NewsConstruction projects across Punjab are getting delayed or cancelled due to steep and steady rise in prices of input material like cement and shortage of skilled manpower, industry body Assocham said. The Assocham interacted with around 150 people from the industry across Punjab including builders, contractors, developers, building material manufacturers, traders and real estate consultants to ascertain the impact of soaring construction prices and labour deficit on state’s real estate a... |
Cement prices in China drop for two consecutive weeks01 September 2011, Published under Cement NewsCement prices in China dropped two consecutive weeks from August 15 to August 28 though the traditional peak season for cement sales in China is approaching. In the week of August 22 to August 28, cement prices across the country dropped 0.77 percent week on week, according to statistics released by Digital Cement, a consulting firm run by the China Cement Association. Provinces in central China and Chongqing Municipality witnessed the biggest drop of 20 yuan to 50 yuan per tonne in cement... |
Nigerian cement prices rise again29 August 2011, Published under Cement NewsThe price of a 50kg bag of cement has spiked at NGN2800 (US$18.80) in spite of efforts by industry to increase production capacity and improve domestic supply, according to a market survey carried out by Nigerian paper Sunday Business. The continuing tight supply-demand balance combined with the high cost of electricity in Nigeria, are reported to be the main reasons for this latest hike in cement prices. Robust demand has resulted in shortages of cement, pushing prices far above the previ... |
New handysize cement vessel launched, Vietnam29 August 2011, Published under Cement NewsBen Kien Shipbuilding Industry Co. Ltd., an affiliate of Vinashin Business Group has launched a 16,800dwt cement vessel. The ship, named Antigua, is among four 16,800 ton-cement ships that Ben Kien built for its Norwegian client, Kristian Gerhard Jebsen Skipsrederi, a major international shipowning company and specialist cement carrier. The ship, 130m long, 23m wide and 13m high, is equipped with a 6480KW engine, was designed by the Shiptech Co., and meets all standards set by the Norway’s... |
Cement prices experience sudden drop, China29 August 2011, Published under Cement NewsCement prices in east China saw the biggest drop within an overall 0.7 percent decline last week, according to reports by Xinhua. Jiangsu and Zhejiang provinces, in particular, saw prices fall by RMB20 to 40/t, while Shanghai and Fujian also witnessed a RMB10 to 30/t decline. The sudden decrease in cement prices was unexpected right before peak season, and weak demand from downstream projects up to late August forced cement companies to cut back production in order to balance the supply-de... |
Cement prices drop furthest in east China25 August 2011, Published under Cement NewsCement prices in east China saw the biggest drop within an overall 0.7 per cent decline in the Chinese cement market compared to previous week, said Digital Cement, a consulting firm run by the China Cement Association. Jiangsu and Zhejiang provinces, in particular, saw prices fall by CNY20 to 40/t while Shanghai and Fujian also witnessed a CNY10 to 30/t decline. The sudden decrease in prices was unexpected right before peak season, and weak demand from downstream projects up to late Augus... |
Uganda prices increase on fuel costs and weaker shilling25 August 2011, Published under Cement NewsCement prices in Uganda are heading up on the back of higher fuel prices and the weakening shilling. The retail price of a 50kg bag of cement now costs between UGX29,500 and UGX30,000 (US$10.7) at several hardware stores such as Hardware World in Ntinda. While wholesale prices vary between UGX28,500 and UGX28,800. Retail cement prices have risen by about UGX7000 per bag since the beginning of the year undermining the construction of residential and commercial property. Mr David Njoroge ... |
Indian cement prices likely to recover post-monsoon23 August 2011, Published under Cement NewsWith construction activity likely to pick up post-monsoon, Indian cement prices are expected to recover. "We expect cement prices to recover after rains. With the construction activity expected to pick up post monsoon, demand is likely to rise," Centre for Monitoring Indian Economy (CMIE) said in its monthly review. Cement prices have declined following sluggish demand from May onwards. Prices in Mumbai, Delhi and Kolkata market are down from their peak levels of March-April 2011, it... |
Cuban government lowers cement prices22 August 2011, Published under Cement NewsPilar Fernandez Gonzalez-Pardo, head of MINCIN’s Non-Food Retail Sale Group has told local press that building materials will be sold in every municipality of the country in an effort to foster housing building and repair. Housing is one of the most critical problems in Cuba at present, since building materials were barely available due to limitations posed by Washington’s economic blockade to the island. Higher quality cement was available for general costumers in Cuban Convertible Peso... |