Cement News tagged under: trading
Vessel released to off-load clinker in Bangladesh24 June 2019, Published under Cement NewsThe Egyptian flag cargo vessel "Wadi Feran" laden with 50,141t of imported clinker, which was arrested at the outer anchorage of Chittagong in Bangladesh on 26 May, as per orders of the local High Court in a litigation, was finally released on Friday. The vessel had arrived on 8 May and later successfully offloaded cargo imported by local cement manufacturers. |
Cement importers deny activities hurt Philippine cement producers21 June 2019, Published under Cement NewsCement importers have rejected claims by local manufacturers that the import surge on cement is causing "serious injury" to the domestic industry. "Some members of the cement industry are exhibiting continuing profitability amid increased imports," the Philippine Cement Importers Association (PCIA) said in a statement on Thursday. This view was repeated by the PCIA in a position paper to the Tariff Commission, which is looking into the imposition of safeguards for imported cement, acco... |
Call to relax cement import rules in Malaysia18 June 2019, Published under Cement NewsConditions on cement imports should be eased, according to SME Association President, Michael Kang, and Universiti Tun Abdul Razak economist, Barjoyai Bardai. At present cement importers must obtain a letter from the ministry and a certificate from the Construction Industry Development Board. Mr Kang, whose association represents some 10,000 members, said: “Many of our members are in construction and have already committed to jobs and are now sweating over the increase in cement prices bec... |
Belarus BUCE to facilitate exports to Hungary10 June 2019, Published under Cement NewsThe Belarusian Universal Commodity Exchange (BUCE) is looking to facilitate exports of Belarusian construction materials to Hungary. A Belarusian delegation visited Budapest on 3-6 June to explore the possibility of exporting Belarusian construction materials to Hungary via the commodity exchange. Deputy Architecture and Construction Minister, Oleg Shvets, who headed up the delegation, the digital trade platform can ensure maximum transparency of the trading process and simplify the work... |
Dominican Republic exports US$72.3m of cement in 201805 June 2019, Published under Cement NewsThe Dominican Republic exported Portland cement to the value of US$72.3m in 2018, according to the country’s Director of General Direction of Mining, Alexander Medina Herasme. The country produces cement in four clinker and two grinding plants with a combined capacity of 7.15Mt. It is the Caribbean’s largest cement and clinker exporter, accounting for around two-thirds of the region’s cement exports. |
US import tax on Mexican products to have little effect on Mexican cement04 June 2019, Published under Cement NewsThe five per cent import tariff on all Mexican products, imposed by US President, Donald Trump, would not impact the cement industry as shipments to the US represent only 3.4 per cent of the total domestic output, assured Yanina Navarro, general director of Mexico’s chamber of cement, Canacem. In 2018 Mexico produced 44Mt of cement but only exported 1.416Mt. "Cement is a very local product, even moving it within the country implies a lot of logistics, which is why it represents very little... |
Vietnamese clinker imports to China increase in 1Q1903 June 2019, Published under Cement NewsVietnamese cement exporters are starting to take significant market share in China as they succeed in undercutting domestic producers. Imports of clinker surged by more than 150 per cent in the first four months of 2019 to 5.69Mt on the back of China's housing boom. These imports accounted for 1.4 per cent of China's clinker. The increase in imports has lowered the cost of cement by CNY40/t due to lower labour costs and excess capacity in the market. Housing construction in China has incre... |
Armenia places import duty on Iranian cement03 June 2019, Published under Cement NewsArmenia's parliament has approved a 14,000/t duty to be set on imported cement from Iran. A total of 85 law makers voted in favour of the duty with 16 voting against and three abstaining. The Armenia party also wanted a state duty on the import of clinker from Iran but this has not been put in place. The bill for the cement duty passed while a group of construction workers protested outside parliament. The demonstrators were arguing that the duty would increase prices of cement. Babken Tun... |
BAI calls for regulatory authority to investigate cement price hikes03 June 2019, Published under Cement NewsMr V Sivarajan, president of the Builders' Association of India (BAI)'s Coimbatore branch, has hit out against recent price rises established by India's cement sector. The retail price of a 50kg bag of cement was INR270 (US$3.88) two months ago but now it is INR400 (US$5.76). "The prices of raw materials, transport or labour did not go up for the cement industry," Mr Sivarajan said. "So there is no reason for the price rise." Mr Sivarajan announced that the BAI would appeal to the Union ... |
Pakistan FY19 may end on mixed results29 May 2019, Published under Cement NewsPakistani research house Insight Securities forecasts that in FY18-19 (July 2018-June 2019), domestic sales will fall 5.6 per cent to 38.8Mt (-10.2 per cent in the north but a rise of +16.3 per cent in the south). Exports, on the other hand, may grow 39 per cent to 6.6Mt (-21.9 per cent in the north, but +151.4 per cent in the south). Analysts of Insight Securities have also pointed out that cement demand, which started weakening in March-June 2018 quarter is likely to move ahead furth... |