Chronic shortages also pushed up cement prices earlier, but are now easing, reportedly falling from QR35 a few months ago to QR17 per bag, according to industry sources. Qatar National Cement Company has pushed this price even further down, selling cement at QR14.50/bag. It is further expected though that supply may pick up and shortages eased when GulfCement Company brings its facilities on line and other local producers start up extra capacity in 2008.
Geopolitics to the fore again as USA-Iran agreement breaks down – petcoke on the rise again
As predicted in last issue, the peace agreement between the USA and Iran lasted less than a mont...