Cement News tagged: Trading
Mozambique's cement price drop down to economics
The fall in the price of cement on the Mozambican market after the Chinese investment in a new factory, Dugongo Cimentos, in Matutuine district, was expected by the government, the Minister of Industry and Trade has told reporters. "We, as a government, know what we're doing," he said. "We have our regulations and we have a responsibility to the business sector and to the Mozambican p...
Pakistan registers higher 11MFY21 export and 10MFY21 production
The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-May 2021 (11 months) and July 2020-April 2021 (10 months) periods, respectively. Both segments of cement post rising trends in export and local production. Export values and volumes increased during the 11MFY20-21 period, but the average export price remained weaker, reflecti...
Argos cement exports to the USA grow by 419%
For Argos, the Grupo Argos cement company, exports have been a key element in the process towards recuperation after the effects generated by COVID-19 and, in the first five months of the year, the cement company's exports to the USA grew by 419 per cent, from 26,000t to 135,000t. In the particular case of the USA, there has been a rebound in the demand for cement and it is estimated tha...
Semen Padang sees 31% jump in exports to Bangladesh and Sri Lanka
Semen Indonesia Group subsidiary PT Semen Padang increased its cement and clinker exports to Bangladesh and Sri Lanka by 30.5 per cent YoY to 208,806t in April 2021, up from 160,000t in April 2020. The company exported 38,471t of OPC to Sri Lanka and 170,389t of clinker to Bangladesh, according to Rahman Kurniawan, group head of sales for Semen Indonesia Group in Padang, Indonesia. “In the...
Pakistan records mixed export and production data
The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-April 2021 (10 months) and July 2020-March 2021 (nine months) periods. It continues to post mixed trends in export and local production. Export volumes increased during this period, but revenues remained thin in dollar terms, reflecting a weaker price market for cement a...
Cement imports to the Philippines are increasing by 6-7% YoY
CEMAP data showed imports were growing by an average of 6-7 per cent annually. In 2020 approximately 500t of cement arrived from Vietnam, which emerged as the biggest cement exporter in southeast Asia. Vietnam cement accounted for nearly 90 per cent of total imports, CEMAP said. Meanwhile, many cement manufacturers in the Philippines are pushing for an end to cement imports, citing increase...
Belarusian Cement BUCE’s No 2 exporter in 1Q21
Belarusian Cement Co was named the second-largest exporter on the Belarusian Universal Commodity Exchange in the first quarter of 2021, according to BUCE spokesperson Roman Yaniv. While timber products accounted for two-thirds of exports, cement exports nearly increased five-fold to US$10.2m in the 1Q21. “Such a surge was possible thanks to Belarusian Cement Company’s interest in concluding ...
Pakistan records diversified export and production results
The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-March 2021 and July 2020-February 2021 periods. It shows diversified trends in export and local production. Export volumes increased during this period, but revenues remained flat in dollar terms, reflecting a weaker price market for cement and clinker. Meanwhile, local output in...
Central America sees dramatic rise in Vietnamese cement imports
Central American cement imports have grown the most in recent years from Vietnam, given that in 2016 no significant purchases were reported, Vietnam raised its share to 30 per cent of the total cement imported between January and September 2020. During the first nine months of 2020, Turkey accounted for 18 per cent of cement imports to the region, Mexico eight per cent, Barbados four per cen...
Zimbabwean import ban raises supply concerns
Zimbabwean retailers are concerned over the capacity of local cement companies to satisfy demand after a cement import ban has been implemented. However, the government is keen to protect jobs and its import ban (SI 89 of 2021) has sparked fears that the move might trigger collusion among local cement producers, causing prices increases and cement shortages. "The local content policy s...
Four Kenyan producers opposed to review on clinker imports
Four Kenyan cement manufacturers have requested for an urgent meeting with the national treasury over a proposal to review the Common External Tariff (CET) on imported clinker. The Kenya Association of Manufacturers (KAM) has proposed that CET on imported clinker be reviewed from the current 10 to 25 per cent on imported clinker or a complete ban of importation to protect local manufacturer...
Vietnam’s cement and clinker exports up 22%
Cement and clinker exports increased by 22.5 per cent YoY to over 8Mt in the year up to 15 March 2021, according to the latest data from the General Department of Vietnam Customs. In terms of value, there was a 14 per cent YoY rise to US$295m. However, average prices dropped 6.7 per cent YoY to US$36.40/t. A drop in average cement and clinker prices in China led to a decline in Vietnamese pr...
Cuban cement exports fall 40% in 2020
Despite domestic shortages, Cuba exported 21,235t of cement at a value of US$1.04m in 2020, representing a 39.7 per cent drop YoY, according to Periodico Cubano. In 2019 the country exported 35,224t of cement with a value of US$1.885m – most of the product was shipped to Colombia. In terms of export prices to Colombia, prices have been declining from US$53.50/t in 2019 to US$49/t. The Cuban...
Ukrcement protests against FTA with Turkey
Ukrcement wants to exclude the Urainian cement sector from the agreement on a free trade zone (FTA) with Turkey as cement is a commodity item that can be fully provided by domestic manufacturers. "The signing of an agreement on a free trade zone with Turkey for the cement industry poses a serious threat," said Pavlo Kachur, head of the Ukrcement association. "We have transferred our pos...
Cement export from Pakistan remains fragile in 8MFY21
The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-February 2021 and July 2020-January 2021 periods, respectively. It shows mixed trends. Export volumes increased during this period, but revenues declined in dollar terms, reflecting a dwindling global market for cement and clinker. Meanwhile, local output increased. Expor...
PT Semen Padang announces export volumes
Indonesia’s PT Semen Padang has announced its export volumes of cement and clinker in January and February 2021. The deliveries were made to the Maldives, Australia and Bangladesh. "From early January to mid-February 2021, the Semen Indonesia Group, through PT Semen Padang, has exported 333,532,391t of cement and clinker," said Rahman Kurniawan, sales manager. Cement and clinker exports ...