Cement News tagged: Trading
Pakistan cement records a 2% uptick in dispatches in FY20
Pakistan’s cement industry during the FY19-20 (July 2019-June 2020) recorded a rise of two per cent to 47.81Mt in total cement dispatches from 46.88Mt in FY18-19. All Pakistan Cement Manufacturers Association (APCMA) attributed this growth to the strengthening of higher export growth, which reached 19.8 per cent with exports surpassing the 7Mt mark after a long time. However, the domestic cons...
Egyptian cement exports decline by 32% Jan-May 2020
Egyptian cement exports declined by roughly 32 per cent during the first five months of 2020 to US$47m, compared to US$68m during the same period in 2019. Egypt exported cement in the 5M20 to about 51 countries, including 18 countries who had not imported Egyptian cement in the same quarter in 2019, reports Egypt Today.
Israel's Economy Minister seeks higher import tariff
Israel’s Minister of Economy, Amir Peretz, announced on Friday that he intended to raise the tariff on imported cement from 0.25 per cent to 17.25 per cent, according to The Times of Israel. However, the motion was blocked by the Finance Minister, who must approve the move. Mr Peretz explained his intentions by noting that cement was being sold to Israel at dumping prices, which are harming...
PPC: Zimbabwe cement sector needs support
Zimbabwe’s largest cement producer, PPC Zimbabwe, has called for urgent measures to protect the domestic cement industry from cement imports. Despite having adequate capacity to supply the local market, Zimbabwe remains a destination for cheap and substandard cement products, which are finding their way through the country’s borders as well as via smuggling, according to PPC Zimbabwe Managin...
Tajikistan exports 0.5Mt of cement in Jan-May
In the 5M20 Tajikistan produced over 1.5Mt of cement and exported 0.5Mt of this output, according to Avesta. The largest share of exports, 238,300t, was supplied to Uzbekistan, with an additional 227,200t to Afghanistan and 34,100t to Kyrgyzstan. Total cement exports were valued at US$20.5m.
Jan-May exports from Turkey up 37%
In the January-May 2020 cement and clinker exports from Turkey surged 37 per cent to 9.8Mt, according to the Turkish Cement Manufacturers’ Association (TÇMB). Export revenues advanced by 16.7 per cent YoY to US$447m. Cement exports were up to 4.8Mt while clinker exports rose to 5Mt. While volume increases were across the board, exports to Ukraine showed particularly robust growth, followed by...
Indonesian export shipments surge 41% in May
Cement and clinker exports from Indonesia advanced 41 per cent YoY in May to reach 625,650t, according to the Indonesian Cement Association (ASI). In May 2019 cement and clinker exports stood at 443,773t. Clinker exports were up 43.1 per cent YoY to 565,542t while cement exports increased 23.5 per cent YoY to 60,109t. In the first five months of 2020, clinker and cement exports expanded by t...
BCMA calls for 60% cut in duties on clinker imports
The Bangladesh Cement Manufacturers' Association (BCMA) has issued a call for the government to cut import duties of clinker by 60 per cent. "We had zero sales during the countrywide closure in the last two and a half months," said Md Alamgir Kabir, president of BCMA. "So for our survival we need the import duty on clinker, the sector's major raw material, to be brought down to BDT200/t from ...
Turkish cement exports to Georgia fall by 53% in April
Cement exports from Turkey to Georgia fell by 8.2 per cent between January-April 2020, compared to the same period of 2019, amounting to US$12.8m. In April 2020, cement exports to Georgia fell 52.9 per cent YoY to US$1.5m. Turkey's export of cement to international markets was stable at US$1.1bn in the first four months of 2020, equal to the same period of 2019. The country's cement exports a...
Cement exports from Pakistan drops due to COVID-19 in 10MFY20
The Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for the 10 months of July 2019 to April 2020. It visibly carries the impact of coronavirus on the cement industry in the country. Pakistan's cement industry has earned export revenue of US$223.20m by exporting 5.949Mt of cement and clinker in 10MFY19-20, compared to US$243.12m from 5.738Mt of exports in the y...
IRClass cement carrier launches in China
A cement carrier under construction at Penglai Zhongbai Jinglu Ship Industry Co Ltd, China, was successfully launched on 30 March 2020. The vessel, called ‘Advaita’, has been built under the classification of Indian Register of Shipping (IRClass). IRClass surveyors braved the constantly-changing scenario of both global and local restrictions due to COVID-19 and immense challenges including m...
Uzbekistan resumes cement imports
Uzbekistan has resumed the import of cement after the goverment’s 22 May resolution, reports Central Asia News. On 23 April the country had temporarily suspended the import of cement due to the coronavirus pandemic. The measure was put in place to support domestic producers following a decline in demand as construction activity was halted.
Georgian producers seek support to stop cement dumping
Georgian cement producers have called for government support regarding the influx of cement imports into the country. The country’s producers stated that Turkey is a significant contributor of imports, since it produces a large amount of building materials that are not domestically needed in such quantities. The state therefore gives its producers the opportunity to sell exports below marke...
Indonesian clinker exports up but cement exports contract
Indonesian cement producers have seen a 4.7 per cent uptick in clinker exports to 568,819t in April 2020 when compared with clinker export sales of 543,441t reported in April 2019, according to the country’s cement association, ASI. However, cement exports plummeted to 19,300t in April 2020, representing an 83.2 per cent drop when compared with April 2019, when 115,052t of cement was export...
Pandemic to seriously affect global cement trade
At Cemtech's live webinar on the 'seaborne trade of cement and clinker' this week, Ad Ligthart of Cement Distribution Consultants, gave a sobering outlook on global trade in response to COVID-19 and the many government lockdowns that have been implemented worldwide. "Seaborne trade of cement and clinker will be seriously affected," said Mr Ligthart, adding: "There will be a global reduction...
Uzbekistan set to temporarily suspend cement imports
Foreign trade restrictions are expected to be introduced in Uzbekistan from 1 May 2020, as a reaction to the economic consequences of the COVID-19 pandemic, according to Uzbekistan Daily. As a result, from 1 May to 31 December 2020 the export of raw materials for the production of medical products and the import of cement products are going to be temporarily suspended. The country has re...