Cement News tagged: Trading

Bangladesh cement export revenue fall

19 July 2021, Published under Cement News

Bangladesh's cement industry has earned export revenue of US$7.26m in the last fiscal year (July 2020-June 2021), compared to US$9.14m in the year-ago period, a fall of 20.6 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.   Bangladesh exports 90 per cent of its cement to India. An ...

Spanish cement exports increase 36% YoY in June

15 July 2021, Published under Cement News

Spanish cement exports have seen growth slow to 35.9 per cent YoY to 3.8Mt in the first half of 2021, down from 38.2 per cent in the 5M21, according to Spanish cement association, Oficemen. In June 2021 alone the country exported 684,266t of cement, representing a YoY advance of 23.5 per cent. "Although we celebrate the recovery of exports, after the drop below 6Mt in 2020, the truth is that...

ADY Express starts exporting cement to Georgia

14 July 2021, Published under Cement News

ADY Express LLC, a subsidiary of Azerbaijan Railways, has started transporting cement produced by Holcim Azerbaijan OJSC to Georgia by rail. The cargo is loaded on semi-wagons provided by ADY Express LLC at the Garadagh station and delivered to the Caspi station in Georgia. The return journey is generally carried out in 6-7 days. ADY Express has allocated 50 wagons for the transport...

Turkey sees 24% in exports in 4M21

12 July 2021, Published under Cement News

Turkey’s cement export values increased by 23.5 per cent to US$1.41bn in the January-April 2021 period when compared to the equivalent period in 2020, according to the Turkish Ministry of Trade. Exports to Georgia were up 2.3 per cent to US$13.1m in the four-month period. In April 2021 Turkey exported cement with a value over US$402.5m to global markets, representing an advance of 74 per cen...

Indonesian cement exports see 119% YoY rise in 5M21

Indonesian cement exports see 119% YoY rise in 5M21

02 July 2021, Published under Cement News

While cement exports from Indonesia decreased from 1.2Mt in March and April to 1Mt in May, the January-May 2021 volume saw a 119 per cent YoY rise to 5.69Mt, according to the Indonesian Cement Association (ASI).     Around half of exports were shipped to Bangladesh while China accounted for an offtake of 740,531t, or 13 per cent, in the first five months of 2021. Taiwan, the Philippines and...

Mozambique's cement price drop down to economics

22 June 2021, Published under Cement News

The fall in the price of cement on the Mozambican market after the Chinese investment in a new factory, Dugongo Cimentos, in Matutuine district, was expected by the government, the Minister of Industry and Trade has told reporters.   "We, as a government, know what we're doing," he said. "We have our regulations and we have a responsibility to the business sector and to the Mozambican p...

Pakistan registers higher 11MFY21 export and 10MFY21 production

Pakistan registers higher 11MFY21 export and 10MFY21 production

21 June 2021, Published under Cement News

The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-May 2021 (11 months) and July 2020-April 2021 (10 months) periods, respectively. Both segments of cement post rising trends in export and local production.  Export values and volumes increased during the 11MFY20-21 period, but the average export price remained weaker, reflecti...

Argos cement exports to the USA grow by 419%

17 June 2021, Published under Cement News

For Argos, the Grupo Argos cement company, exports have been a key element in the process towards recuperation after the effects generated by COVID-19 and, in the first five months of the year, the cement company's exports to the USA grew by 419 per cent, from 26,000t to 135,000t. In the particular case of the USA, there has been a rebound in the demand for cement and it is estimated tha...

Semen Padang sees 31% jump in exports to Bangladesh and Sri Lanka

08 June 2021, Published under Cement News

Semen Indonesia Group subsidiary PT Semen Padang increased its cement and clinker exports to Bangladesh and Sri Lanka by 30.5 per cent YoY to 208,806t in April 2021, up from 160,000t in April 2020. The company exported 38,471t of OPC to Sri Lanka and 170,389t of clinker to Bangladesh, according to Rahman Kurniawan, group head of sales for Semen Indonesia Group in Padang, Indonesia. “In the...

Pakistan records mixed export and production data

26 May 2021, Published under Cement News

The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-April 2021 (10 months) and July 2020-March 2021 (nine months) periods. It continues to post mixed trends in export and local production.   Export volumes increased during this period, but revenues remained thin in dollar terms, reflecting a weaker price market for cement a...

Cement imports to the Philippines are increasing by 6-7% YoY

20 May 2021, Published under Cement News

CEMAP data showed imports were growing by an average of 6-7 per cent annually. In 2020 approximately 500t of cement arrived from Vietnam, which emerged as the biggest cement exporter in southeast Asia. Vietnam cement accounted for nearly 90 per cent of total imports, CEMAP said. Meanwhile, many cement manufacturers in the Philippines are pushing for an end to cement imports, citing increase...

Belarusian Cement BUCE’s No 2 exporter in 1Q21

22 April 2021, Published under Cement News

Belarusian Cement Co was named the second-largest exporter on the Belarusian Universal Commodity Exchange in the first quarter of 2021, according to BUCE spokesperson Roman Yaniv. While timber products accounted for two-thirds of exports, cement exports nearly increased five-fold to US$10.2m in the 1Q21. “Such a surge was possible thanks to Belarusian Cement Company’s interest in concluding ...

Pakistan records diversified export and production results

19 April 2021, Published under Cement News

The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-March 2021 and July 2020-February 2021 periods. It shows diversified trends in export and local production. Export volumes increased during this period, but revenues remained flat in dollar terms, reflecting a weaker price market for cement and clinker. Meanwhile, local output in...

Central America sees dramatic rise in Vietnamese cement imports

08 April 2021, Published under Cement News

Central American cement imports have grown the most in recent years from Vietnam, given that in 2016 no significant purchases were reported, Vietnam raised its share to 30 per cent of the total cement imported between January and September 2020. During the first nine months of 2020, Turkey accounted for 18 per cent of cement imports to the region, Mexico eight per cent, Barbados four per cen...

Zimbabwean import ban raises supply concerns

08 April 2021, Published under Cement News

Zimbabwean retailers are concerned over the capacity of local cement companies to satisfy demand   after a cement import ban has been implemented. However, the government is keen to protect jobs and its import ban (SI 89 of 2021) has sparked fears that the move might trigger collusion among local cement producers, causing prices increases and cement shortages. "The local content policy s...

Four Kenyan producers opposed to review on clinker imports

06 April 2021, Published under Cement News

Four Kenyan cement manufacturers have requested for an urgent meeting with the national treasury over a proposal to review the Common External Tariff (CET) on imported clinker. The Kenya Association of Manufacturers (KAM) has proposed that CET on imported clinker be reviewed from the current 10 to 25 per cent on imported clinker or a complete ban of importation to protect local manufacturer...