Cement News tagged under: trading
Cement production falls on MoM and YoY basis during 6MFY1918 February 2019, Published under Cement NewsPakistan Bureau of Statistics (PBS) has released numbers of quantum index of the Large Scale Manufacturing Industries (LSMI) for 6MFY18-19. The overall output of LSMI fell by 1.5 per cent for July-December 2018 compared to July-December 2017. Similarly, the LSMI output decreased by 10.2 per cent for December 2018 compared to December 2017 and increased by 2.5 per cent if compared to November 2018. Production in July-December 2018 as compared to July-December 2017 has significantly decreas... |
Pakistan exports of cement to India expected to fall18 February 2019, Published under Cement NewsPakistan cement exports to India are likely to be affected following the Indian government's announcement to scrap the 'Most-Favoured Nation' status to Pakistan, after an attack on Indian forces in Pulwama , Jammu and Kashmir, India, recently. According to Al Habib Capital Markets, Pakistan's cement exports are expected to suffer most due to this unwanted tension between India and Pakistan. During 7MFY19 Pakistan's total cement exports stood at ~2.876Mt, up four per cent, YoY, of which c... |
FyM to invest EUR2.5m in Malaga export hub15 February 2019, Published under Cement NewsFinanciera y Minera (FyM) will invest EUR2.5m in a 4900m 2 site in the Port of Malaga to be used as a clinker and cement export hub. It intends to use pier 7 to ship clinker. Conditions for a public tender were also approved to award the occupation and exploitation of two vertical silos on piers six and seven, destined for the reception, storage and distribution of liquid bulks. |
Algeria exports first shipment to Niger11 February 2019, Published under Cement NewsAlgeria’s first exports to Niger were carried out on 9 February by El-Hamel Sidi Moussa’s cement plant in Timegtène, 270km east of Adrar. The cement works shipped 2000t. Going forward, exports from Timegtène are planned at a rate of 8000tpm, using trucks of Logitrans. "The group's services have mobilised significant human and material resources, including 50 trucks, to regularly deliver the goods produced to the region of Agades (Niger), over a distance of 2000km, via the border post of ... |
Experts list reasons for Pakistan's cement slowdown in 7MFY1908 February 2019, Published under Cement NewsThe Pakistan cement industry recorded a negative growth on domestic dispatches during the month of January 2019. As per APCMA data, local cement sales for the month came in at 3.1Mt, down a sharp 18 per cent YoY. According to Intermarket Securities, the slowdown in local cement dispatches has been in place since elections and appears to be gathering pace. This could be attributable to lower PSDP disbursements, a more challenging macroeconomic environment and legal challenges on major priv... |
Experts list reasons for Pakistan's cement slowdown in 7MFY1908 February 2019, Published under Cement NewsThe Pakistan cement industry recorded a negative growth on domestic dispatches during the month of January 2019. As per APCMA data, local cement sales for the month came in at 3.1Mt, down a sharp 18 per cent YoY. According to Intermarket Securities, the slowdown in local cement dispatches has been in place since elections and appears to be gathering pace. This could be attributable to lower PSDP disbursements, a more challenging macroeconomic environment and legal challenges on major priv... |
APCMA releases dispatch data for January and 7MFY1907 February 2019, Published under Cement NewsThe Pakistan cement sector posted a double-digit decline of 10.7 per cent in the month of January compared with corresponding month last year, raising alarm bells among producers with a large production capacity, reports the All Pakistan Cement Manufacturers Association (APCMA). The cement industry dispatched 3.646Mt in January 2019 against 4.083Mt in January 2018, says APCMA. The buoyancy in exports stayed on course, increasing by a healthy 67.3 per cent. The industry exported 0.579Mt o... |
Tasman Sea to complete clinker offloading at Suva06 February 2019, Published under Cement NewsBulk carrier Tasman Sea is expected to complete the offloading of 11,880t of clinker at Suva Port, Fiji, today, according to the Fiji Sun. The clinker has been exported from Japan, which became a clinker importer into Fiji a year ago. The ship finished discharging 15,000t of clinker for the Tengy Cement Factory in Lautoka last week. The plant receives a clinker shipment every quarter. |
Clinker damaged on route to Meghnaghat plant31 January 2019, Published under Cement NewsThe MV Haji Abdul Jalil, a vessel carrying 850t of clinker, has anchored near Chandpur Launch Terminal after a crack developed on its keel on the Meghna river. Most of the cement clinker has been damaged, reports Mohammad Asad who is in charge of the vessel. The MV Haji Abdul Jalil had to anchor near the terminal on its journey from Holudiya in India. The ship was originally heading for Narayanganj and LafargeHolcim Cement's Meghnaghat plant. |
Kazakhstan becomes net exporter of cement30 January 2019, Published under Cement NewsKazakhstan became a net exporter of cement in 2018. During 9M18, domestic cement producers exported more than 1.4Mt of cement with a total value of US$71.5m, almost doubling the export volume of 2017. Imports remained at the previous year’s level of 717,000t, supplied at a total value of US$38.8m. Imports have always exceeded exports by several times, reaching a record US$150m in the pre-crisis year of 2013, according to Forbes. Output from the Kazakh cement industry has been gradually r... |