Cement News tagged under: trading
Dangote to use Sea Invest to import 1Mta into Côte d’Ivoire02 December 2013, Published under Cement NewsNigeria’s Dangote Cement’s subsidiary in Côte d’Ivoire plans to use the Sea Invest platform in Abidjan to import 1Mta of cement into the country. Pending the construction of a cement plant, Dangote’s Edwin Devakumar is reported by local media to be negotiating the move with Sory Diabate of Sea Invest to use the Belgian company. However, local cement companies CIMAF, part of Morocco’s Addoha portfolio, and Société de Cimenterie Abidjan (SCA) have protested against the plans, arguing th... |
UGTA strike impacts Pakistan cement exports, raw material supplies15 November 2013, Published under Cement NewsAn indefinite strike by Pakistan’s Goods Transporters Alliance (UGTA), now in its 10th day, is impacting the delivery of cement exports as well as raw material supplies. Export consignments from cement factories to the Karachi and Muhammabd Bin Qasim ports in the Sindh Province have been disrupted due to the non-availability of trucks. Supplies of raw materials to cement factories from the ports also remain suspended. The MV Alam Sayang vessel is waiting at Port Qasim to load cement. M... |
Bolivia announces Peruvian cement import07 November 2013, Published under Cement NewsInsumos Bolivia plans the import of Peruvian cement to meet the shortage of cement in Bolivia’s domestic market. It has approached Yura de Perú for the delivery of Portland cement. The government body has denied reports of supply problems and maintains it holds a stock of 80,000 bags. The imports would be purchased “to supply the construction sector with a quality product and without sales restrictions. The sale of cement primarily occurs in La Paz, Santa Cruz y Cochabamba, which have... |
Fiji is raising cement prices07 November 2013, Published under Cement NewsA detailed analysis by Fiji's Commerce Commission following a cement price submission from Fiji Industries Ltd (FIL) has resulted in a price increase for the building product. The commission approved a 2.7 per cent increase in the wholesale price of bagged and bulk cement effective 1 November 2013. This means consumers will pay US$6.14 more on the present price of US$227.63 for the general purpose blended (GB) bag of cement and US$5.58 extra on the price of US$206.95 of ordinary Portland bu... |
Jamaica signs CCCL export agreement to Venezuela04 November 2013, Published under Cement NewsThe government of Jamaica has signed an agreement for Caribbean Cement Co Ltd (CCCL) to supply cement to Corporación Socialista del Cemento under the PetroCaribe agreement, local media have reported. However, the arrangement is yet to be approve from authorities in Venezuela. Under the Trade Compensation Mechanism of the PetroCaribe energy cooperation agreement, Jamaica is allowed to settle a portion of its oil debt to Venezuela through the export of goods and/or services. While the propo... |
Significant rise in Saudi Arabia clinker imports04 November 2013, Published under Cement NewsSaudi cement companies have reported a significant rise in clinker imports over the first three quarters of the year while cement exports decline. Clinker imports totalled 1,925,000t during 9M13 compared to 399,000t in the same period of last year, an increase of 382.4 per cent, according to a report, prepared by Al-Eqtisadiah daily. Some 39,000t of cement was imported over the first nine months of the year. Exports, on the other hand, fell by 55 per cent to 245,000t in the nine months ... |
Cement imports - fortress Mexico breached25 October 2013, Published under Cement NewsThe first industrial scale consignment of bagged cement in 25 years has successfully been imported to Mexico, marking a unique milestone in the recent history of the Mexican building materials sector. Shipunloading at Puerto Progreso, Mexico On 9 October, the vessel M/N Atenea docked at Puerto Progreso on the Yucatan Peninsula with a cargo of 2850t of bagged cement, according to a spokeperson for Comercio para el Desarrollo Mexicano del Sureste SA de CV (CDMS), the import compan... |
Russia: the rise of imported cement11 October 2013, Published under Cement NewsRussia’s Federal Antimonopoly Service (FAS) has launched a case against stevedoring companies and ports in the Rostov region for refusing the transfer of shipments from Turkey over the past few months, against a backdrop of increasing imports into parts of the country. The Russian competition watchdog initiated the case following a series of complaints against SK "Blue Wave", LLC " Don port", OAO " Rostov port ", OAO "Sailor" for refusing to handle Turkish deliveries since July o... |
Pakistan: cement prices rise02 October 2013, Published under Cement NewsElectricity tariffs and other inflationary pressures have put pressure on cement manufacturers in Pakistan to increase cement prices. Cement producers have increased their prices by PKR15-20/50kg bag (US$0.14-0.19), a brokerage house reported yesterday. “Local cement prices have increased by 15-20 per 50kg bag, an increase of three to four per cent, over average retail prices that are currently hovering around PKR497.88 per bag,” Abia Zaidi at Shajar Capitals, said. Going forward, with ce... |
Pakistan: July-August cement exports up by 5.7%01 October 2013, Published under Cement NewsPakistan's cement exports increased 5.72 per cent during the first two months of current FY13-14, totalling US$96.796m, against the same period of last year when exports were US$91.557m. On a MoM basis, cement exports also increased by 1.24 per cent, but decreased by 12.03 per cent in August 2013 when compared with the exports in August 2012 and July 2013. The value of exports in August 2013 was recorded at US$45.301m, whereas in August 2012 and July 2013 the value of exports was US$44.74... |