Cement News tagged: Trading
India: CMA seeks fairer taxes for cement
The Indian Cement Manufacturers Association (CMA) has requested in its pre-budget memorandum 2014-15 that cement be stipulated as 'Declared Goods', so that it is put on an equal footing with other core sector goods like coal and steel in terms of taxation. At present, while the cement industry in India is one of the country's basic and core infrastructure industries, cement is subject to high...
Vessel with clinker imports sinks in Bangladesh
A light local vessel, MV Brishti, laden with 9500t of clinker imports capsized in the Bay of Bengal near Patenga beach in Chittagong, Bangladesh following a collision with the sunken ship MV Rita on 12 June. The clinker was imported by local cement company Diamond Cement for use in its production plant and was heading to Diamond's private jetty on the Karnaphuli river after unloading from the ...
Eurocement-Ukraine shipments up 10.7%
Despite the difficult circumstances in the Ukraine, Eurocement-Ukraine shipped 73,767t of cement to its customers in January and February 2014, a 10.7 per cent increase on the results for the equivalent period last year (7137t). CEM I 42.5N and CEM II/A-S 32.5R cement types were the most in demand and are widely used in the construction of residential housing and commercial buildings, as well...
Russian imports from Belarus increase by 85% in 1H14
In 1H14 Belarusian cement producers increased their supplies to Russia by 85.6 per cent YoY, reports BelTA. Quoting CMPRO data BelTA states that in January-March 2014 Belarus shipped 278,000t of cement to the Russian market. Russia also buys cement from the Baltic states, Iran, Sweden and Turkey. In January-March 2014 Russia imported 744,000t of cement, ie 3.1 per cent down from the same pe...
Al Jouf signs clinker supply agreement with Jordanian producer
Saudi cement producer and trader Al Jouf Cement said in a bourse statement that it has signed a SAR28m (US$7.5m) agreement with Jordan-based Al Rajhi Cement, under which the latter will supply clinker to Al Jouf Cement.
Pakistan: cement exports drop
Pakistani cement exports to Afghanistan dropped to 202,000t in January 2014, the lowest monthly level since July 2013 when they reached 441,412t. Previous data by the All Pakistan Cement Manufacturers' Association (APCMA) shows that in September 2013, exports rose to 426,804t before falling to 287,598t in November and then increasing again in December to 314,329t The decline in exports ...
Israel release 1000t of cement into Gaza
The Gaza Strip will receive 1000t of cement from Israel to help it recover from the last storm, the Palestinian Authority civil affairs minister said. Hussein al-Sheikh told Ma’an that 25 truck loads totalling about 1000t of cement will enter Gaza starting Sunday and Monday. Al-Sheikh said he instructed the coordination committee in Gaza to start unloading the trucks to help those affected ...
Bangladesh: 1HFY13-14 cement exports fall
The Bangladesh cement industry saw its exports dip 6.64 per cent from July to December 2013. According to the Bangladesh Export Promotion Bureau, the sector exported US$2.53m of cement, down from US$2.71m during the equivalent period in 2012. The retreat of exports has been atrributed to political unrest and poor handling of clinker and other raw materials in Chittagong Port in recent month...
South Indian cement makers start exports to Myanmar
It has been locally reported that Chettinad Cements, The India Cements, Dalmia Cements and Ramco Cements have started shipping cement to Myanmar in the past few months. Depressed market conditions for the second year running have forced cement makers in south India to look at different export markets. "We started shipments to Myanmar last month of about 10,000 to 12,000t. It is not very...
Pakistani cement exports to India down 11%
Pakistan’s cement exports to India posted a fall of 11 per cent during Jul-Nov of this fiscal year compared to the same period last fiscal year, according to the Pakistani Business Recorder. Industry sources said non-tariff barriers are hampering cement export to India, which fell from 183,400t to 163,500t over the five months. Pakistan’s overall cement exports fell by three per cent to 3....
Cement exports rise for Vietnam producers
Vietnam exported 12.45Mt of cement and clinker in the last 11 months or 2013, representing a YoY increase of almost 63 per cent. Tran Van Huynh, president of the Vietnam Construction Materials Association (VCMA), said the rise in exports was an attempt to clear surplus inventory because of low prices and similar situation in many countries. During the period, the country’s total cement sales...
Pakistan: US$5 cement bag on the way
The price of a bag of cement in Sindh and Balochistan has jumped beyond PKR500 (US$4.70), a private news channel reports. Cement industry sources were quoted as saying that the cement price has been increased in the range of PKR10-20/bag (US$0.09-0.19), due to the power tariff hike and rise in the international prices of coal, which has pushed up the per bag price of cement towards US$5. ...
Vietnam cement industry exports 14Mt
Vietnam's cement exports are expected to reach nearly 14Mt in 2013, the highest level ever exported. According to the Industry and Trade newspaper, in the first 11 months of this year the country exported 12.5Mt of cement, a YoY rise of nearly 65 per cent. Southeast Asia and the Middle East are the two main markets for Vietnam's cement, while Malaysia and Indonesia are the nation's largest i...
Bolivia announces Peruvian cement import
Insumos 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...
Fiji is raising cement prices
A 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 pu...
Pakistan: cement prices rise
Electricity 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 curren...