Cement News tagged: Trading
Pakistan's cement/clinker exports observe a mixed trend in 8MFY22
Pakistan's cement and clinker exports have observed a mixed trend in the first eight months of FY21-22. During a presentation, Mohsin Naqvi, group director finance of Maple Leaf Group – the parent company of Maple Leaf Cement Co (MLCF), has stated that the company is not foreseeing robust growth in export given higher sea freight charges. Hence, the negative trend was also reflected in cumula...
Indonesian cement and clinker exports rise to record levels in 2021
Indonesia is rapidly expanding its cement and clinker export activities, with YoY volumes climbing by 25.2 per cent to reach a record 11.610Mt in 2021. By year end, cement exports grew by 46.6 per cent to 1.609Mt, while clinker volumes expanded by 22.3 per cent to 10.001Mt. Bangladesh and the Philippines were major clinker destinations, while cement destinations included Mauritius and the M...
Egypt sees 151% cement export surge in 2021
Cement exports from Egypt are up 151 per cent YoY in 2021 to US$456m from US$182m in 2020, according to a recent report by the Export Council for Building Materials, Refractory and Metallurgy Industries. The increase in exports was driven by a higher demand for Egyptian cement, said Medhat Stefanos, chairman of the cement division of the Federation of Egyptian Industries. In addition, domest...
Belarusian commodity exchange to sell 1.5Mt in 2022
The Belarusian Universal Commodity Exchange (BUCE) expects the sell around 1.5Mt of cement in 2022. In 2022 up to 50 per cent of the total volume of cement by the Belarusian Cement Co to the domestic market, or 1.5Mt, will be put up for auctions. In the first stage, buyers will include any companies, except for those engaged in the construction of facilities financed from the national bud...
Energy complex sees uplift on Ukraine-Russia conflict, but discounts are stable
Since ICR’s most recent energy report , Russia’s recognition of the Donbas region in Ukraine and military move into it are lifting the energy complex. As no war has broken out at the time of writing, medium effects depend on political sanctions and the respect of borders. In the short term, oil is close to US$100. High-sulphur (6.5%, 40HGI) FOB petcoke price, historical view 2006-22 ...
Carbon reaches EUR100 in Cal23 – a new all-time high as power generation demands more coal and gas
By Frank O. Brannvoll, Brannvoll ApS, Denmark The EUA Dec 22 has set a new all-time high at EUR98.50, driven by real demand for compliance as especially coal but also gas are increasingly filling the gap left by a drop in nuclear-based power in France. To ensure sufficient baseload electricity, several coal-fired plants are being restarted. However, financial players continue to make ...
Lafarge Algeria aims to export 3Mt
Holcim -owned Lafarge Algérie has carried out two more export shipments from the port of Oran, Algeria. A cargo of 35,000t of bulk grey cement and a 30,000t shipment of white cement in big bags were supplied by the Oggaz plant and are destined for the Americas. This year, the company aims to export 3Mt. In 2021 Lafarge Algérie exported 2.6Mt of cement, up 120 per cent when compared with 2...
Pakistan's cement and clinker exports decline
Pakistan's cement and clinker exports have decreased in the first seven months of the FY21-22. According to local analysts, historically, when domestic demand is booming, exports take a backseat, and when the domestic market is slowing down, exports contribute a critical share in total sales. It makes more economic sense to sell domestically where prices are more desirable and less competiti...
Geopolitical risk drives entire energy complex higher with oil at 8-year peak and coal supporting petcoke prices
By Frank O. Brannvoll, Brannvoll ApS, Denmark The euro rose sharply from US$1.1150 to US$1.1450 after the European Central Bank hinted that rate hikes were on the way, based on fear of higher inflation numbers. However, while it is expected to remain in the range of US$1.115-1.1600, volatility could arise depending on the geopolitical outcome after tensions increased when Russian troops ...
Algerian trucker dispute threatens clinker exports
Following the decision of the Algerian authorities to strictly apply the laws of overloading trucks, the transport sector has responded with a call for higher transport rates, a truckers’ strike and road blockages – actions that are threatening the export of clinker from the country. In a statement to the local press, cement producers GICA, Lafarge Algérie, Amouda and Biskria have denounced ...
Bangladesh export dispatches rise in 7MFY22
Bangladesh’s cement industry has earned export revenue of US$4.66m in the seven months of FY21-22 (July 2021-January 2022), compared to US$4.42m in the year-ago period. This reflects a growth of 5.4 per cent YoY. The figure also includes a minor amount of salt, stone and related products, according to the Bangladesh Export Promotion Bureau (EPB) data. The export value for cement decreased ...
Saudi cement sales fall 6% to 4.9Mt in January
The total sales of 17 Saudi cement producers fell per cent to 4.9Mt in January, compared to 5.2Mt in the same month last year, according to recent data issued by Yamama Cement Co . Locally, 13 market players reported lower sales, led by Northern Region Cement C o with a 60 per cent YoY decline. It was followed by United Cement Industrial Co (down 35 per cent YoY), and Al-Jouf Cemen...
Ukraine-Russia tension lifts oil, gas and coal prices while petcoke discounts improve rapidly
By Frank O. Brannvoll, Brannvoll ApS, Denmark Since ICR’s most recent energy report , the geopolitical risk relating to Ukraine-Russia tension has lifted oil, gas and coal prices. The Indonesian exports, which results in taking out 25Mt of coal from the export market. In China prices continue to settle under the maximum level set by the NDRC. High-sulphur (6.5%, 40HGI) FOB petcoke p...
South African cement imports up 19% in 11M21
Cement imports into South Africa surged to their highest level in 2021 as they reached 161,555t in November despite the government drive to use domestically-produced product and banning imported cement from public sector construction projects. In October 2021 imports were significantly lower at 34,964t, down from 151,452t in the previous month. In the 11M21 imports volumes expanded 18.7 pe...
Madagascar imports 12,000t of cement
The Madagascan state, through the Ministry of Industrialisation, Trade and Consumption, has imported 12,000t of Lucky Cement at reduced prices. The arrival of the cement should help regulate a market that has now been stable for several months. The cargo arrived in Toamasina, Madagascar, on 17 January and is available at the warehouse of State Procurement of Madagascar (SPM), which is calli...
Carbon returns to uptrend following retracement from all-time high in December
By Frank O. Brannvoll, Brannvoll ApS, Denmark The EUA Dec 21 saw an incredible 200 per cent rise during 2021 from EUR31 to EUR92. More recently, the market saw a sharp retracement down to EUR72 reflecting the energy complex as well as calls for measures against financial speculation. However, as a report concluded that no manipulation had been taking place, the market quickly started its...