Cement News tagged under: Prices
The road to global leadership25 March 2019, Published under Cement NewsWith China’s One Belt, One Road initiative increasing momentum, demand for cement is set to rise. ICR speaks with Romain de Laubier and Arne Burfeind of Boston Consulting Group (BCG) to gauge the impact on the global cement industry and its drive to expand its production capacity. Romain de Laubier – partner and managing director at Boston Consulting Group, Paris & Tokyo ICR: How would you define China’s One Belt, One Road (OBOR) initiative, which is visibly gaining momentum? W... |
Global cement markets in 201904 March 2019, Published under Cement NewsLow macroeconomic visibility, slowing global growth, geopolitical risks and industry-specific questions such as the outlook for Chinese cement prices or rising CO 2 costs in Europe have presented challenges to cement market analysts worldwide in forecasting 2019. Following its 13th annual cement survey, Exane BNP Paribas sheds more light on the year ahead. By Paul Roger, Exane BNP Paribas, UK. Figure 1: cement volume scenario, 2019 The overall conclusions are not too bearish fo... |
Cement in the heart of Africa28 January 2019, Published under Cement NewsFollowing two particularly challenging years and considerable overcapacity, the cement industry in the Republic of Congo can look forward to better times. The government is set to increase investment in housing and public spending to advance the country’s infrastructure, and provide for its growing and young population. With 1.8m people, Brazzaville is Congo’s largest city and accounted for over 100,000t of cement consumption in 2017 The economic crisis in the Republic of Congo... |
Bangladesh: robust and stable16 January 2019, Published under Cement NewsLarge-scale infrastructure, growing urbanisation and strong foreign direct investment are fuelling rising cement demand in Bangladesh. But will it be enough to utilise production capacity as new plants come on-stream and existing works are upgraded and modernised? Bashundhara Cement’s Mongla plant has a production capacity of 2.65Mta, which, along with its 2.4Mta works in Madangonj, makes the company one of the largest producers in Bangladesh Bangladesh’s aspirations to becom... |
TCMA responds to concerns over upcoming price hike03 January 2019, Published under Cement NewsThe Turkish Cement Manufacturers' Association (TCMA) has responded to concerns raised by the Construction Contractors Confederation (İMKON) regarding a price hike of 40 per cent on cement products. "Despite the cost increases, our sector will not boost prices as high as 40 percent, just to stay within the scope of the overall anti-inflation program," said Nihat Özdemir, chair of Limak Holding and president of the TCMA. Regarding the alleged 40 per cent price hike, İMKON had stated that c... |
Challenges to grow in 2019 for Pakistan cement sector02 January 2019, Published under Cement NewsPakistan's cement industry is likely to face a number of challenges in 2019 on the domestic front owing to a flatness in demand, high markup rates, price competition and currency depreciation, etc. According to the 'Investment Strategy 2019' report released by Spectrum Securities Ltd, after tremendous sales growth (13.8 per cent YoY) in cement dispatches during FY18, demand is expected to remain flattish in FY19 mainly due to higher base of FY18, reduction in allocation of the Public Sect... |
Fancesa lowers prices for Christmas21 December 2018, Published under Cement NewsFancesa’s 2018 Christmas campaign has seen the company lower its cement prices to BOB42/bag (US$6.07/bag) from BOB46 in Sucre, Bolivia. The company expects to meet its target of 90,200t of monthly cement sales in December, after record sales in November 2018 helped the company exceed its target by five per cent. |
Pakistan's cement industry braces itself for challenges ahead13 December 2018, Published under Cement NewsPakistan's cement industry will face challenges in the remaining six months of current financial year 2018-19 due to various pressing factors. Industry experts are of opinion that declining trends in cement demand, capacity expansion, cut in Public Sector Development Programme (PSDP), slowdown in private construction and price war may adversely impact cement industry performance from January 2019 onward. According to a report of Taurus Security Ltd, the cement sector in Pakistan faces ... |
Mexican ready-mix prices to rise 20%13 December 2018, Published under Cement NewsMexico's ready-mix concrete producers are set to raise prices by 20 per cent. The Mexican Association of Independent Concrete Producers (AMCI), representing 70 per cent of the production companies in Mexico, cited the rising cost of cement and aggregates, including sand and limestone as well as higher prices for diesel and electricity. The price rise will come into effect on 1 January 2019. "This increase... is due to the rise in 2018 of all our inputs," said Jorge Pérez, Cemex's Media Rel... |
Paraguay's MIC committed to ensuring cement supply10 December 2018, Published under Cement NewsParaguay's Ministry of Industry and Commerce (MIC) held a press conference with representatives of the cement sector to address the reported scarcity of cement on the market. Vice President of Commerce, Pedro Mancuello, noted that action will be taken to ensure that there is an adequate amount of cement on the market at a suitable price for the consumer. "We are making an alliance with the National Cement Industry (INC) with the Secretary of Defense of the Consumer (SEDECO) and the Sub-... |