Cement News tagged: Trading
Indonesian March exports: cement falls, clinker up
Exports of cement from Indonesia have fallen by 49.8 per cent YoY to 55,769t in March 2020 when compared with March 2019 when cement exports reached 111,065t, according to data released by ASI, the country’s cement association. However, clinker exports were reported to have seen a 12.6 per cent YoY increase to 512,192t in March 2020 from 454,877t in March 2019. Total exports remained stabl...
Coronavirus impacts Pakistani cement trade
The exports of clinker and cement from Pakistan to Afghanistan, Bangladesh, Sri Lanka and rest of the world have been impacted by the lockdown, curfew and other measures to stop the spread of the coronavirus in these countries. This was disclosed by Irfan Amanullah, senior general manager, Attock Cement Pakistan Ltd (ACPL), during a presentation of Cement Sector Outlook, organised by BMA Capit...
Kazakhstan bans cement imports
Kazakhstan’s Acting Minister of Industry and Infrastructure Development has signed an order on the regulation of cement imports. The order introduces a ban on the import on certain types of cement from countries outside the Eurasian Economic Union for a period of six months with effect from 16 April, according to Kazakhstan Newsline.
No coronavirus impact on cement revenue in 9MFY20 but March data dispersed in Pakistan
The Federal Bureau of Statistics of Pakistan has released cement export data for the nine-month period of July 2019-March 2020 (9MFY19-20). It carries more or less same trend of eight months and does not show any significant impact on overseas dispatches amid the spread of coronavirus in country. However, exports in March 2020 show a contraction due to the lockdown during the latter half of th...
Cement exports from Bangladesh dip in 9MFY19-20
Bangladesh's government saw a modest fall of more than six per cent in total export during the first nine months of the FY19-20 as the initial impacts of coronavirus began to impact business, but fortunately overseas cement dispatches were only slightly down, according to data released by Bangladesh Export Promotion Bureau (EPB). However, Bangladeshi economist Mohammad Shahjahan Siddiqui ha...
Turkish exports boom in first quarter, but slowdown expected
Turkey’s cement sector exports increased by 54 per cent in the first three months of 2020, according to a statement by the Turkish Cement Manufacturers' Association (TÇMB). The association has released data on the sector’s March-end export figures and the production figures from January. Accordingly, the Turkish cement sector’s production increased by 31 per cent in January, reaching 3.6...
Offloading of clinker continues at Chittagong Port in Bangladesh
Offloading of imported raw materials for the cement industry continues at the Chittagong Port of Bangladesh (CPA), even as the port suffers container storage congestion. According to the CPA, 22 vessels are currently at outer anchorage at the port, each laden with more than 45,000t to 50,000t of clinker, while seven of them are unloading cargoes and able to work without interruption. Vessel...
CABC report calls for Canada and USA to keep border open to cement trade
The Canadian American Business Council's (CABC) latest report on Canada/US cross-border trade calls for governments in north America to open border trade to cement and other building materials during the COVID-19 crisis to keep some liquidity in the economy. "If we don't keep this backbone of the economy going, we are going to extend the time the recovery will take, policy-makers are getting ...
Exports from Vietnam decline due COVID-19 pandemic
Vietnam exported 7.5Mt of cement and clinker, to a value of US$291m, in the first quarter of this year, said the Ministry of Industry and Trade. The lower volume has been attributed to the coronavirus pandemic. Total exports fell by nearly 40 per cent in volume while the value declined by 20 per cent when compared with the year-ago period, when the country exported 12Mt with a value of US$36...
Armenia set to extend import duty on cement
Armenia’s National Assembly passed at the first reading the amendments to extend the validity of the state duty set on cement imports until 31 December 2020. The country has imposed a AMD14,000/t duty on cement imports from Iran and other countries since it ratified the legislation on 3 June 2019, a law that expires on 1 April 2020. "Over a period between July and December, the volumes of ce...
Azerbaijan’s Gazakh Cement to increase exports in 2020
Gazakh Cement Plant plans to significantly increase export sales from Azerbaijan to neighbouring countries such as Georgia in 2020, according to Trend. "Last year, the plant established clinker exports to Georgia, and this year we plan to significantly increase the total volume of exports. In 2019, export volumes in this direction amounted to over 1000t of clinker and cement," Trend’s source...
Clinker imports into Bangladesh up 4%
The import of clinker into Bangladesh has increased by 3.6 per cent in the first seven months of the FY19-20, according to data released by the Central Bank of Bangladesh. Clinker volumes to a value of US$554.8m were imported during this period, a significant increase when compared with 7MFY18-19 when the value of clinker imports reached US$535.3m. Total imports declined by 4.4 per cent YoY...
Ukraine cement industry increases output after import antidumping duties
Ukraine’s cement production advanced 10.6 per cent after anti-dumping duties on cement imports were introduced, according to Ukrcement Executive Director, Roman Skilskyi. “After Ukraine introduced antidumping duties in May 2019, cement companies increased the production output of cement clinker by 10.6 per cent as of August 2019 compared to August 2018,” Mr Skilskyi said. Between 2016-19,...
Pakistan records mixed trend of cement revenue in 8MFY19-20
The export of cement/clinker from Pakistan during the first eight months of FY19-20, saw a fall of 5.80 per cent in terms of value but record a growth of 6.45 per cent compared to 8MFY18-19, says data released by Federal Bureau of Statistics. The breakdown of data shows that country's cement sector earned US$193.92m by exporting 5.151Mt of cement and clinker between July 2019 – February 2020...
Sino Zimbabwe Cement challenged by export competition
Sino Zimbabwe Cement has been forced to restrict its business after being outcompeted in export markets by Dangote Cement. Sino Cement has faced stiff competition in the export markets of Zambia and Tanzania. Andrew Gona, Sino Zimbabwe Cement's export manager, said: "We used to export, but the growth of Dangote in the region has pushed us out on competitive grounds. They have built modern pla...
Coronavirus likely to affect Pakistani cement exports to Afghanistan
Pakistan's export of cement to Afghanistan through land routes will be affected from today following Islamabad's decision to close the borders with Kabul as preventive measures to curb the spread of coronavirus. According to an official statement, Prime Minister Imran Khan while chairing the National Security Committee meeting on 13 March, had especially requested to review the current sta...