Cement News tagged under: trading
Paraguayan companies import increasing cement volumes27 December 2019, Published under Cement NewsSeveral companies in Paraguay have increased the volume of cement imports from 1000tpm to 6000tpd due to the cement supply shortage in the Latin American country, according to ABC Color. Cement imports increased from 25,000t to 45,000t between July and November 2019, said a recent report from the Ministry of Industry and Commerce. However, in October and November companies doubled the volume of their purchases, said the Paraguayan news outlet. For example, Hierropar reportedly is importi... |
Bangladesh cuts AIT to 3%24 December 2019, Published under Cement NewsBangladesh’s government has reduced the rate of advance income tax (AIT) on the import of cement raw materials from five to three per cent, according to The Financial Express. The National Board of Revenue issued a statutory regulatory order following a demand by cement producers, who had demanded a full waiver of AIT. "The cut reflects that the government has realised the problem of the sector," Bangladesh Cement Manufacturers Association (BCMA) President, Mohammed Alamgir Kabir, said i... |
Pakistan continues to earns mixed revenue in 5MFY2019 December 2019, Published under Cement NewsPakistan's cement industry earned foreign exchange revenue of US$124.2m by exporting 3.246Mt of cement and clinker between July and November 2019, compared to US$131.11m from exporting 3.046Mt of cement and clinker in same months last year, says the country's Federal Bureau of Statistics. This translates a YoY fall of 5.3 per cent in terms of dollar value but a growth of 6.6 per cent in terms of quantity in first five months of current financial year. However, in local currency terms, the e... |
Indonesian exports advance 15% in November18 December 2019, Published under Cement NewsCement and clinker exports from Indonesia rose 15.4 per cent to 648,354t in November 2019, according to figures published by Semen Indonesia. In November 2018 exports totalled 561,950t. Cement exports fell 6.1 per cent YoY to 129,621t in November when compared with 138,079t in November 2018. However, the decline was offset by a 22.4 per cent rise in clinker exports. In November 2019 clinker exports advanced to 518,733t from 423,871t in the previous year. January-November 2019 Total exp... |
Pakistan exports record buoyant growth in 5MFY201013 December 2019, Published under Cement NewsExports from Pakistan during July-November 2019 witnessed a growth of 4.8 per cent against the same period of 2018, said Pakistan Bureau of Statistic (PBS). The data is yet to give breakdown of exports, but it is believed that export of cement has also increased during this period. According to PBS, during July-November 2019 the country exported various goods and services worth US $9.545bn against July-October 2018’s exports of US$9.109bn, reflecting an increase of 4.9 per cent in the coun... |
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... |
Imports into Bangladesh fall in FY20-1909 December 2019, Published under Cement NewsImports of clinker and cement into Bangladesh fell from US$776m in FY17-18 to US$643m, according to the FY18-19 Financial Survey, released by the country's Ministry of Finance. However, the latest financial year's figures are likely to be revised after receipt of the final import data. Imports have shown a mixed trend in the last five years. They fell from US$638m in FY14-15 to US$574m the following year but picked up in FY16-17 to US$644m. Cement producers in Bangladesh import clinker... |
Cement export from Bangladesh falls in 5MFY19-2006 December 2019, Published under Cement NewsBangladesh's cement industry has earned an export revenue of US$4.08m during July-November 2019, compared to US$4.92m earned in same period last year. This translates a fall of 17.1 per cent YoY. The export figure also includes a minor amount of salt, stone and related products, says data of Bangladesh Export Promotion Bureau (EPB). The export value for cement fell 2.2 per cent below the target of US$4.17m, set by the government for first five months of FY19-20. The EPB had set an expor... |
Pakistan's dispatches to grow in 5MFY19-2002 December 2019, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA) is yet to release dispatches data for November and five months of July-November 2019, yet local experts are optimistic that cement sales are expected to grow eight per cent to 4.3Mt in November 2019 YoY, and five per cent YoY to 20.3Mt during the first five months of the current fiscal year of 2019/20. According to research report of Topline Securities, the industry sales, however, are likely to drop by 15 per cent in November 2019 MoM ... |
Belarus redirects exports from Ukraine to EU27 November 2019, Published under Cement NewsBelarusian cement exporters plan to switch their export volumes from Ukraine to the EU market, according to the country’s Architecture and Construction Minister, Dmitry Mikulenok. "We stopped shipping cement to Ukraine in July because of anti-dumping duties. We have switched to other markets, mostly the European Union. We will keep working to replace traditional export markets and increase exports to theEuropean Union, not Russia," Mr Mikulenok said. While Belarus used to rely on the Ru... |