Cement News tagged: Trading
Pakistan firms see profits in exports to Afghanistan
Pakistan’s cement exports are being geared up due to increase in Afghan export prices to US$50-55/t from the previous level of US$39-45/t.??According to informed sources, the improved export price has finally attracted interest for Pakistani exporters, leading to a 32% YoY increase in exports to Afghanistan in January 2012. However, Pakistan’s cement exports to India fell by 8% in January 201...
Saudi Arabia stops cement exports
Saudi Arabia has stopped cement and clinker exports to prevent shortages and to stabilise domestic prices. The kingdom’s western region, which includes the Red Sea port city of Jeddah and the Islamic holy cities of Mecca and Medina, has suffered a cement shortage as the government increased spending for infrastructure. Prices for new homes in Jeddah rose as much as 10% this month because o...
Pakistan: FY12 cement sales helped by local dispatches
FY12 has been witnessing a drop in Pakistan’s export sales, whereas domestic cement dispatches have been rising. The latest numbers released by the All Pakistan Cement Manufacturers Association (APCMA) up until January FY12 show a continuation of this trend. Local dispatches improved by 7% YoY from 12Mt in 7MFY11, while during January 2012 alone, local deliveries improved by nearly 9% to 1.9...
India: Cement may firm up on new coal pricing
Additional cost pressure due to costlier raw material from Coal India Ltd (CIL). Companies expect prices to rise by INR8-10 a bag (US$0.15-0.19).
New Zealand: port lease approved for cement trade
New Zealand's foreign investment watchdog has approved a leasehold deal at Timaru’s port
Mozambique looks to eliminate cement imports
The Mozambican Ministry of Industry and Trade is considering imposing a quota system for imported
Andhra Pradesh prices seen rising, India
Producers in Andhra Pradesh have increased the price of the cement by INR5-10/50kg bag from today
Nigerian cement prices up 25 per cent
As the dry season peaks, signalling another spell of increased construction activities, the price of cement
Pakistan cement prices continue to surge
While cement volumes traded increased by only 3.5% YoY in the first five months of FY2012, Pakistan has seen a 38-39% rise in net retention prices despite the onset of winter.
Indian producers target increased exports
Holcim’s Indian subsidiary, ACC Ltd, the market leader in the Indian cement sector, plans to step up exports to capitalise on
Pakistan cement prices up 13% YTD
Pakistan cement prices rose by 37 per cent YoY and 13 per cent year-to-date (YTD). However, despite the
Andhra Pradesh prices drop, India
Cement prices have dropped by Rs10-15 a bag in Andhra Pradesh, thanks to subdued demand. Cement is
Ho Chi Minh City prices rise, Vietnam
Cement prices in some factories located in Ho Chi Minh City (HMC) factories have risen by
Oman cement prices see 13 per cent decline
Oman continues to feel a pinch of the crisis by registering a huge 13 per cent fall in cement prices in th
China: cement prices fall 1.1%
The average price of cement nationwide fell 1.12% last week, dragged down by the price declines in Henan and Guizhou provinces.
Bangladesh: MI Cement win gold trophy for export
MI Cement Factory Ltd which sells cement in Bangladesh under the brand name of Crown Cement, has won National Export Trophy (Gold) for the second consecutive year