Cement News tagged under: cement price
Iran’s Mercantile Exchange sets up separate cement trade hall22 September 2021, Published under Cement NewsThe Iran Mercantile Exchange (IME) will set up a separate hall for cement trades from 25 September 2021, according to IME’s director for market operation. Following the announcement of the Ministry of Industry, Mining and Trade on banning the purchase and supply of cement outside the commodity exchange and determining the time for the presence of buyers and sellers of cement in the commodity exchange, the process of admission of cement companies and buyers to the exchange has accelerated. ... |
Zambia’s cement output up 5% in 202122 September 2021, Published under Cement NewsCement production in Zambia in the first half of 2021 increased by five per cent to 1.2Mta, compared to 1.1Mta in 2020, according to data from the Ministry of Mines and Minerals Development. Cement prices rose to ZMW130 (US$7.89)/50kg bag from just under ZMW90 as cement companies cited a gypsum shortage as a contributing factor. |
Clinker shortage result in surge in Mozambique prices17 September 2021, Published under Cement NewsDue to a shortage in clinker supply, prices of cement in Cabo Delgado, Mozambique, have surged. Retail prices of cement are now priced at MZM700-800/50kg, up from MZM500-520/bag. The lack of clinker is caused by challenges in maritime navigation, which has impacted clinker imports in Cabo Delgado and northern Mozambique, according to Club of Mozambique. The clinker shortage has led to the 30-day closure of Fabrica de Cimentos de Cabo Delgado’s 0.25Mta grinding plant in Metuge district, w... |
NOCIBE raises cement price26 August 2021, Published under Cement NewsNouvelle Cimenterie du Bénin (NOCIBE) will increase the price of cement from its plants from 1 September 2021. CEM II 32.5 R cement will cost XOF64,617/t (US$115.96/t), including tax while CEM II 42.5 R cement will be sold at XOF66,997/t, including tax. NOCIBE runs a 1.5Mta integrated cement works at Massé, Benin, and is the country’s largest cement producer. |
Vietnam prices up as costs increase26 April 2021, Published under Cement NewsSelling prices of cement in Vietnam have recently increased by VND30,000-40,000 (US$1.29-1.72)/t as production costs have increased, according Luong Duc Long, vice president and general secretary of the Vietnam National Cement Association. Local cement producers have considered raising the price since the end of 2020 as raw material, labour and freight costs have continuously increased. The retail price of cement in Vietnam’s northern region is VND1.2m-1.3m/t while in the south it is VND... |
Argentine cement price up 5%06 April 2021, Published under Cement NewsThe price of a 50kg bag of cement in Argentina saw a five per cent increase to ARS820 (US$8.90) on 3 April 2021, according to El Liberal newspaper. The latest price rise has seen prices increase cumulatively by 20 per cent since December 2019. |
El Salvador market contracts 8% in 10M2015 February 2021, Published under Cement NewsApparent cement consumption in El Salvador in the January-October 2020 period declined 8.3 per cent to 25,558,640 bags of 42.5kg, or 1.086Mt, according to the country’s construction chamber, CASALCO. In the equivalent period of 2019, apparent consumption reached 27,881,320 bags or 1.185Mt. The ex-works price of cement remained stable in December 2020 at US$7.57/42.5kg bag but at retail level the price for bagged cement edged up 1.2 per cent YoY and 0.2 per cent MoM to US$8.41/bag |
Peru cement prices among lowest in Latin America05 January 2021, Published under Cement NewsCapeco, the Peruvian construction chamber, reported that the average retail price for grey cement in Peru is around US$6.22 per 42.5kg bag – one of the lowest in Latin America. The highest price is paid in Argentina, where a bag of cement costs on average US$12.34, followed by Nicaragua, Uruguay, Guatemala and Paraguay, where a bag of cement costs around US$10. In Brazil, prices are the lowest at US$5.03/bag, according Capeco. In Chile a bag of cement retails at US$7.65 while in Colombia a... |
Tanzanian cement producers highlight price hikes11 November 2020, Published under Cement NewsDangote Cement in Tanzania apologised to the government for the failure to communicate to the public on the temporary shutdown of its plant for maintenance, which caused price hikes across the country. "I would like to apologise for not communicating the shutdown to the government and the public on time," said the plant’s senior officer, Glagu Shuma, noting that the management of the plant has already made adequate arrangements to supply the cement to the general public including major co... |
Chad’s Baoré plant to start up in November09 November 2020, Published under Cement NewsThe Baoré cement plant will commence production this month, according to the country’s President, Idriss Déby. The government will also subsidise the price of a bag of cement. The plant was inaugurated in 2012 by the president. At the time, the ex-works price was set at XAF4200/bag (US$7.60/bag) and the retail price were not to exceed XAF6000. On 28 July, the country’s Minister of Petroleum and Mines, Oumar Torbo Djarma, had said that “Everything will be back to normal”, following a meet... |