Cement News tagged under: trading
Oman Cement cuts selling price14 July 2010, Published under Cement NewsOman Daily Observer reported that Oman Cement has reduced the selling price of cement with effect from July 1 2010. The company said that the new price incorporates a structured reduction in the selling price over different slabs linked to the quantity of cement purchased by the customer. It said that the company expects this measure to improve the demand of its cement, thereby resulting in higher revenues and expects to attain the levels of operational results it achieved during the yea... |
Carib Cement ’at a loss’ over ADSC decision13 July 2010, Published under Cement NewsIn a release published yesterday, Carib Cement says it is at a loss following the recent conclusion of the Antidumping and Subsidies Commission (ADSC) to allow Vulcan Materials to export cement at less than its sales price in the US to Jamaica. Below is the full release by Carib Cement: Carib Cement is at a loss following the recent conclusion of the Antidumping and Subsidies Commission (ADSC) that although the US cement producer Vulcan Materials is exporting cement to Jamaica at les... |
Mombasa price drop worries cement players11 July 2010, Published under Cement NewsA cement distributor for the latest entrant into the Kenya cement market, Mombasa Cement, has set what appears to be the lowest price for the commodity, sending jitters in some quarters of the industry. A chief executive of a cement maker admitted he had called the firm after one of its distributors, Tuffsteel, advertised its 50kg pack at Sh630 in Nairobi. The same pack by competitors retails for at least Sh700 in most outlets. In 2003 East African Portland Cement Company (EAPCC) price sl... |
Vietnamese clinker heads to Middle East01 July 2010, Published under Cement NewsVietnam’s Cam Pha Cement Joint Stock Company in the northern province of Quang Ninh has exported 15,000t of clinker to the Middle East. The move is seen as a turning point in the nation’s cement industry as Vietnam used to import this material, mostly from China, Taiwan and Thailand, at a relatively high price. The company is to export clinker and cement to huge potential markets such as Africa and the Middle East, said Company Director Hoang Anh Tuan, adding that this is part of the fir... |
Pakistan cement prices rise01 July 2010, Published under Cement NewsCement prices in Pakistan have risen significantly by Rs25 per sack and would ultimately further housebuilding cost. Average quality cement is now being sold at Rs. 300 per 50-kg sack while high quality cement is now tagged at Rs. 310 per bag, a news channel reported while mentioning a Karachi-based dealers of the commodity on Thursday. |
Caribbean Cement sticks to price increases, Jamaica30 June 2010, Published under Cement NewsCaribbean Cement Company Limited (CCCL) says it will facilitate the investigation by competition watchdog, the Fair Trading Commission (FTC), on its pricing policy, but says it is willing to give up market share rather than roll back the recent increase on its product. The cement maker also questioned the state’s authority to intervene in what it sees as commercial activity, and appears set for a showdown. "We are not even sure the government has the authority to initiate this probe, but w... |
India: cement prices to fall 10% on lower demand28 June 2010, Published under Cement NewsIndian cement prices are expected to soften by 8-10% from Thursday across the country, the third successive fall since May, by companies struggling to cope with lower demand. According to dealers, cement prices are likely to be pegged at around INR200-220 per 50kg bag from July 1, against the current market rate of INR235. The last two price corrections in May and June were severe in the south where prices dipped by a combined 30% against a marginal drop in the west and east. Norther... |
Peru: Cemex Dominica not to face anti-dumping duties24 June 2010, Published under Cement NewsThe National Institute for the Defense of Competition and Intellectual Property Protection (Indecopi) has endorsed a resolution made in April last year to dismiss Cementos Lima’s request to implement anti-dumping duties on imports of cement from the Dominican Republic by Cemex Dominicana. According to a resolution of the Committee on Antidumping and Subsidies Indecopi concluded that imports from Cemex Dominican posed no threat against Cementos Lima. He explained that although the Domin... |
Azerbaijan first quarter cement imports fall24 June 2010, Published under Cement NewsAzerbaijan imported about 443,000t of cement and clinker in January-April 2010, a 14.3 per cent decrease compared to the same period of 2009, the State Statistical Committee said. Clinker imports amounted to 181,000t in January-April or 80 per cent more compared to the same period of 2009. A total of 262,000t of cement was imported in this period – 15.3 percent less compared to the same period of 2009. |
No protection for local EA Cement industry yet22 June 2010, Published under Cement NewsEast African governments will only consider reinstating a higher common external tariff on cement imports after independently verifying that producers in the region have increased production capacity to meet demand at a sustainable scale. This decision, Uganda Treasury officials told The EastAfrican, has been made in the context of an expected construction boom sparked by massive government projects to improve the region’s infrastructure and housing stock. Cement firms facing pricing press... |