Cement News tagged: Trading

Pakistan to report weaker cement dispatches in July 2022

01 August 2022, Published under Cement News

Pakistan's two leading research houses, AHL Research and Topline Securities, while taking account of provisional cement data of July 2022, the first month of the FY22-23, depict a considerable decline in local/export sales due to the Eid holidays, monsoon rains across the country, and a fall in land and sea routes dispatches. However, the All Pakistan Cement Manufacturer Association (APCMA) is...

Song Lam Cement exports 2.28Mt of cement in 1H22

27 July 2022, Published under Cement News

Vietnam-based Song Lam Cement JSC , part of the Vissai Group , exported 2.28Mt of cement in the first half of 2022, according to local media.   The Philippines was the largest off-taker of Song Lam cement, importing 713,000t. Other sizeable volumes were bought by China (640,000t) and the USA (628,500t). A further 101,000t was shipped to France and 5000t to Singapore. In terms of productio...

Petcoke discounts higher as coal rises on EU sanctions and petcoke falls as demand-supply eases

22 July 2022, Published under Cement News

By Frank O. Brannvoll, Brannvoll ApS, Denmark Energy markets are kept between higher prices due to supply distress, including strikes in refineries for higher wages and the impact of sanctions on Russia. In addition, pressure from inflation rates at 40-year highs is leading to higher lending interest rates and a potential recession. This will lead to lower demand in the cement and other se...

Carbon price in range with new changes to EU-ETS and increased coal demand supporting prices

21 July 2022, Published under Cement News

By Frank O. Brannvoll, Brannvoll ApS, Denmark Carbon prices remained as expected inside the uptrend channel of EUR82-95 with high daily volatility. Russian cuts in natural gas deliveries sent gas prices sharply higher, increasing compliance buying for higher coal burn. The EUA has seen new negotiations on the reform to the EU-ETS system all being bullish. The main elements now to be dis...

FY22 ends with mixed export dispatches from Pakistan

FY22 ends with mixed export dispatches from Pakistan

20 July 2022, Published under Cement News

The Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for July 2021-June  2022. Both value and quantity of exports plummeted during this period when compared with the equivalent months in FY20-21, apparently due to local and external issues.  Pakistan's cement industry in 12MFY21-22 earned US$223.99m of export revenue by dispatching 5.733Mt of cement and clinker...

Energy complex moves in range with petcoke discounts increasing

08 July 2022, Published under Cement News

By Frank O. Brannvoll, Brannvoll ApS, Denmark Since ICR’s most recent energy report , the energy complex has moved in range, awaiting the impact of sanctions on Russia and the risk of an economic slowdown. However, the threat of EU sanctions on Russian oil pushed up oil prices in the range of US$105-120, but prices have since fallen back as high inflation and interest rate increases have...

Bangladesh exports rise in FY22

Bangladesh exports rise in FY22

06 July 2022, Published under Cement News

Bangladesh recorded the highest ever export of commodities, including cement, in FY21-22 (July 2021-June 2022). Bangladesh’s cement industry has earned export revenue of US$9.57m in FY21-22, compared to US$7.26m in the year-ago period. This export trend reflects growth of 31.8 per cent YoY. The figure also includes a minor amount of salt, stone and related products, according to the Bangladesh...

Kaliningrad construction sector suffers from cement sanctions

05 July 2022, Published under Cement News

The restrictions of Russian cement and metals transit to the Kaliningrad region is having an impact on construction in the Russian province. Anton Alikhanov, governor of the Kaliningrad region, said the the transit of building materials such as cement is   the most critical for the regional economy. "Cement. This is the most challenging for us at the moment. Metals as well. We started expe...

PPC calls for SA government action on cement dumping

04 July 2022, Published under Cement News

PPC has urged South Africa’s government to investigate “cement dumping” by countries such as Vietnam. It believes that the survival of the local cement industry may be under threat if the practice is left unchecked. PPC CEO Roland van Wijnen said that the Department of Trade, Industry and Competition should also consider broad import tariffs for cement to avoid new countries dumping cement a...

UltraTech Cement pays for Russian coal shipment in yuan

30 June 2022, Published under Cement News

UltraTech Cement has reportedly paid for a shipment of Russian coal in Chinese yuan, raising questions over whether this will now become the norm. The cement producer is importing 157,000t of coal from Russian company SUEK at a value of CNY172.65m (US$25.8m). The coal was loaded onto the bulk carrier MV Mangas in the Russian port of Vanino and is currently at anchor near the port of Kandla, re...

Lafarge Cement Zimbabwe to increase exports

24 June 2022, Published under Cement News

Lafarge Cement Zimbabwe made its first exports to Malawi and is expecting to build on the shipment to increase exports from Zimbabwe. “Because of our significant capacity, which is first of all oversized for the domestic market, growing demand in the region for this type of products, we are looking at, especially, (export) markets like Zambia and Malawi,” said CEO Geoffrey Ndugwa. “We just...

CEMBUREAU asks for speedy CBAM implementation

23 June 2022, Published under Cement News

The European cement association CEMBUREAU has welcomed the adoption of the European Parliament reports on the EU Emission Trading Scheme (ETS) and the EU Carbon Border Adjustment Mechanism (CBAM) but states that timely implementation of CBAM is key to support the sector’s transition to carbon neutrality. "Our sector needs a coherent and predictable regulatory framework to deliver on its car...

Price in uptrend, volatile carbon market driven by political statements of changes to EU-ETS

22 June 2022, Published under Cement News

By Frank O. Brannvoll, Brannvoll ApS, Denmark Carbon prices traded inside their uptrend channel within EUR82-95 with high volatility. As the Clean Dark Spread still offers best value, more coal is being used and more EUAs are bought for compliance. The EUA has been influenced by new statements for reform to the EU-ETS system and a bullish increase of the targets for emission reductions, ...

New sanctions push the energy complex higher while Russia offers huge discounts to non-sanction markets, keeping petcoke rise in check

21 June 2022, Published under Cement News

By Frank O. Brannvoll, Brannvoll ApS, Denmark New EU oil sanctions against Russia have again moved the energy complex higher, particularly oil and coal, as the EU now has to find new suppliers, leading to increased costs for end users. Moreover, the inflationary fall-out from the Ukraine-Russia war is now seen in all economies. The US Federal Reserve has turned to sharp rate increases...

Cement exports from Pakistan show a mixed trend

21 June 2022, Published under Cement News

Pakistan's cement exports continued to report mixed trends in the export of cement and clinker cumulative basis for 11 months and in May alone of FY22, according to the Pakistan Bureau of Statistics. AKD Research has attributed this mixed trend to low export prices and increasing coal prices, which have made exports unattractive. Pakistan's cement and clinker exports in the first 11 months ...

DG Khan set for US exports

16 June 2022, Published under Cement News

Pakistan-based DG Khan Cement Co will be exporting 50,000t of cement to the USA for the first time. “A ship, Tomini Felicity, is presently loading cement at KPT in 1.5t jumbo bags destined for Houston, Texas USA,” Fareed Fazal, DG Khan director, said. The shipment is part of a contract that will see the cement producer export 100,000tpd to Texas after concluding a deal in August 2021, when ...