Cement News tagged under: cement prices
Cement prices rise 43% in the Dominican Republic16 May 2019, Published under Cement NewsThe president of the Cibao Housing Promoters and Builders Association, Anthony Canaan, has denounced a 43 per cent price hike in cement prices in the Dominican Republic, according to the Dominican Today. Mr Canaan noted that stability in the exchange rate and prices of different raw materials means there is no justification for the increase. "In recent days we have received an unjustified increase in the raw material for construction," said Mr Canaan. "Currently the different cement distr... |
Like the Big Muddy10 May 2019, Published under Cement NewsThe US Central Plains area is a key US cement market with demand following a slow but steady course, much like the Mississippi River that flows through it. However, recent years have seen dramatic shifts in the ownership of several cement producers and the modernisation of the industry. By Rob Roy, ROI Economic Consulting, USA. The Mississippi River system provides the domestic cement industry with an efficient transportation system to ship its final product to some of the country’... |
Cement prices in Pakistan's northern region to advance26 April 2019, Published under Cement NewsAccording to BMA Capital Management Ltd, cement prices in northern Pakistan are expected to increase by PKR15‐20/bag (US$0.10-US$0.14/bag), effective from 1 May 2019, supported by supply adjustments. An analyst's market assessment suggests that the price jump, if sustained, will be followed by another PKR20‐25/bag increase in a phased manner later in May 2019. The current price range hovers around PKR490‐535/bag (US$3.46-3.78/bag) in the north region, where the 3‐4 per cent increase in pri... |
Dangote Cement24 April 2019, Published under Cement NewsCement prices in Ghana have risen for the second time in two months with producers in the country blaming the latest increase in the depreciation of the Ghanaian cedi. Dangote Cement has increased its 42.5 grade product from GHS32.55 (US$6.36)/bag to GHS35.55/bag. The currency crisis is also being blamed for a 20 per cent rise in the price of bread in the country and an uptick in fuel prices at filling stations across Ghana. Meanwhile, construction of Dangote’s 3Mta cement plant near Abi... |
Prices in Pakistan's northern region start to fall10 April 2019, Published under Cement NewsA research house in Pakistan hints the start of a decline trend in cement prices in the north. Its channel checks show that average retail prices in the north region have fallen by PKR50/bag (US$0.35) to PKR550/bag in the past 20 days alone. The decline in prices is attributed to efforts made by cement manufacturers to raise their utilisation levels from below 80,000tpd previously (January and February 2019 respectively) to current levels of above 100,000tpd (as reflected in March 2019 nor... |
Northern Pakistan cement prices rise04 April 2019, Published under Cement NewsPakistan cement manufacturers have reportedly increased the prices PKR10-15/bag (US$0.07-0.1) of cement in the northern region (Punjab and Khyber Pakhtunkhwa ) of the country. The hike in cement prices will be effective immediately, according to a report by a local research house. Reasoning the hike, the analyst stated that the price change is courtesy of supply-side management amid continued demand-side pressure and inter-regional trade. Ceemnt prices in the north witnessed a sharp drop ... |
Vicem reacts to electricity price increase by upping cement prices03 April 2019, Published under Cement NewsCement prices are on the up in Vietnam following the 8.4 per cent hike in electricity prices from 20 March. Vietnam Cement Industry Corporation (Vicem) has reacted by raising its cement price by VND30,000/t (US$11.29/t). Don Tien Trinh, Vicem But Son's general director, said the price of coal has also risen by between 2.3 and 5.8 per cent depending on the type of coal. Cong Thanh Cement JSC in the central region has not raised retail prices but has charged distributors an additional VND30,... |
Anhui Conch first to benefit from higher cement prices03 April 2019, Published under Cement NewsCement supply has dropped in China after the crackdown on polluting industries. This has encouraged price increases and higher profits for cement manufacturers. Anhui Conch reported an 88.1 per cent jump in its net profits in 2018 to CNY29.8bn (US$4.43bn). The company's total revenue of CNY128.4bn increased by 70.5 per cent on its 2017 performance. Anhui Conch's profits equalled 25 per cent of the total profits of the top 10 cement companies in China over the last two years, says Caixin Glo... |
Ghanaian cement prices rise for the second time in two months22 March 2019, Published under Cement NewsCement prices in Ghana have risen by GHS2.40 (US$0.45), which is the second increase for cement prices in the last two months. Cement producers have had to raise their prices as the cost of raw materials increased due to the depreciation of the local cedi currency. Ghacem has raised its prices across the board. Its Super Rapid cement advanced from GHS30.47 to GHS32.47/50kg bag (US$6.1/ 50kg bag and GHS649.4/t (US$124.18/t)), Super Strong Cement has moved up from GHS30.83 to GHS33.23 and Gha... |
Wagners suspends cement supply to Boral19 March 2019, Published under Cement NewsWagners Holding Co Ltd has suspended the supply of cement to Boral Ltd for six months after Boral had issued a third-party pricing notice to Wagners under their cement supply agreement. Boral has seen that it can obtain cement supplies cheaper than the price Wagners is offering. Boral's market price is in the form of an unsigned offer and Wagner's believe it may not be genuine. Wagners has commenced a formal process to disrupt the validity of the action, says Proactive Investors. Wagners... |