Cement News tagged: Trading

Tasman Sea to complete clinker offloading at Suva

06 February 2019, Published under Cement News

Bulk carrier Tasman Sea is expected to complete the offloading of 11,880t of clinker at Suva Port, Fiji, today, according to the Fiji Sun. The clinker has been exported from Japan, which became a clinker importer into Fiji a year ago. The ship finished discharging 15,000t of clinker for the Tengy Cement Factory in Lautoka last week. The plant receives a clinker shipment every quarter.

Clinker damaged on route to Meghnaghat plant

31 January 2019, Published under Cement News

The MV Haji Abdul Jalil, a vessel carrying 850t of clinker, has anchored near Chandpur Launch Terminal after a crack developed on its keel on the Meghna river. Most of the cement clinker has been damaged, reports Mohammad Asad who is in charge of the vessel. The MV Haji Abdul Jalil had to anchor near the terminal on its journey from Holudiya in India. The ship was originally heading for Nara...

Kazakhstan becomes net exporter of cement

31 January 2019, Published under Cement News

Kazakhstan became a net exporter of cement in 2018. During 9M18, domestic cement producers exported more than 1.4Mt of cement with a total value of US$71.5m, almost doubling the export volume of 2017. Imports remained at the previous year’s level of 717,000t, supplied at a total value of US$38.8m. Imports have always exceeded exports by several times, reaching a record US$150m in the pre-cri...

Safeguard measures placed against imports into Philippines

28 January 2019, Published under Cement News

The Philippine’s Department of Trade and Industry (DTI) has begun preliminary safeguard measures against cement imports from Vietnam amongst other countries. As such, the DTI applied duties of PHP8.40 (US$0.16)/40kg bag or PHP210/t (US$4/t). The safeguard measures will be in place for 200 days from 18 January 2019. Vietnam was the biggest importer of cement into the Philippines between 2014...

Gambia raises tax on Senegalese imports

Gambia raises tax on Senegalese imports

24 January 2019, Published under Cement News

Gambia has imposed a new import tax regulation on cement being imported from Senegal that has exacerbated the shortage of cement and increased prices in the country. Both the Commissioner General of GRA, Yankuba Darboe, and the Permanent Secretary at the Ministry of Finance, Mod Secka, confirmed that a cabinet decision was reached on the increment of excise duty on cement, imported from neig...

Fiji receives clinker imports from Japan

23 January 2019, Published under Cement News

The Tasman Sea, a bulk carrier registered under a Hong Kong flag, docked at Lautoka Port to off-load clinker for the Tengy Cement Factory in Naikabula  and is expected to arrive in Suva next week for its factory in Veisari, Lami. Fiji has been experiencing a shortage of cement and the delivery will help increase production. This is the second delivery that the Tasman Sea has made to Fij...

Pakistan cement exported 0.625Mt of cement in December 2018

Pakistan cement exported 0.625Mt of cement in December 2018

23 January 2019, Published under Cement News

Pakistan's cement industry received foreign exchange revenue of US$25.89m by exporting 624,714t of cement during the month of December 2018, compared to US$26.77m at 635,192t in the previous month. This shows a fall of 3.3 per cent and 1.7 per cent in terms of value and quantity, respectively, according to the Federal Bureau of Statistics. However, if compared to December 2017 (293,890t at U...

Bangladesh's cement export revenue continues to decline 6MFY19

21 January 2019, Published under Cement News

Bangladesh's cement industry recorded a fall of 6.7 per cent in export revenue to US$5.75m during the first six months of FY18-19 (July-December 2018) compared to US$6.16m, earned in the same months last year, according to the Bangladesh Export Promotion Bureau. The export figure also includes a minor amount of salt, stone and related products.   Bangladesh's government has set an export targ...

Exports help Saudi cement sales rise 7% in December

17 January 2019, Published under Cement News

Cement and clinker sales in Saudi Arabia rose 7.2 per cent YoY to 4.37Mt (including exports) in December 2018 compared to 4.08Mt in the previous year, reports Aljazira Capital.   Clinker inventory increased 18.8 per cent YoY and 0.8 per cent MoM to 42.34Mt last month, but cement dispatches were down 10 per cent YoY.   The plant utilisation rate in the Saudi cement sector fell to 54.1 per cent ...

INSEE Cement starts shipments into Hambantota International Port

16 January 2019, Published under Cement News

Hambantota International Port has begun taking cement industry shipments in Sri Lanka, extending its bulk handling capabilities. INSEE Cement became the first cement producer to use the facilities at the port by unloading the Ithaca Patience, which discharged 27,150t of slag cargo. "The advantage of bringing in bigger ships provides economy of scale, and the efficiency with high productivity ...

Pakistan cement companies expect mixed results for 6MFY19

14 January 2019, Published under Cement News

Pakistan cement companies are scheduled to announce their financial results for the second quarter and six months of FY18-19 in coming months. Top cement companies are expected to post a growth of over two per cent QoQ, or 37 per cent YoY decline for 1HFY19. According to a research report of IGI Finex Securities Ltd, based on provisional numbers, volumetric sales depict a modest four per cen...

Iran produces 41Mt of cement in last 9M of 2018

17 January 2019, Published under Cement News

Iran produced 41Mt of cement during the nine months to 21 December 2018, of which 4.8Mt were exported, reports the Iran Cement Association. According to Iran Cement Association Secretary, Abdolreza Sheikhan, domestically-produced cement is currently priced at US$25-30/t in export markets, which indicates that export earnings amounted to US$120-144m for the reported period. "Cement productio...

Tajikistan exports US$65.4m of cement in 2018

14 January 2019, Published under Cement News

Tajikistan exported 1.14Mt of cement in 2018, representing a value of US$65.4m. In 2017 exports stood at 970,100t and had a value of US$49.5m.The country exports cement to Uzbekistan, Afghanistan and Kyrgyzstan. Meanwhile, preliminary work began on the construction of a cement plant in Kubodiyon district, Khatlon – set to become the largest in the country, according to Azer News.

INC awards US$7m petcoke contract

09 January 2019, Published under Cement News

Paraguay's Industria Nacional de Cemento (INC) has awarded the Sanfil GT consortium, represented by Christian Harrison Paleari, the contract for the supply of 24,000t of petcoke at a price of US$299/t. Delivery of the US$7m contract will be in two shipments of 12,000t each with the first shipment due for delivery by 5 February and the second by 15 March. The contract covers four months of pe...

China accounts for 15% of Central American cement imports

09 January 2019, Published under Cement News

In the first half of 2018, Central America’s largest importing country was Nicaragua, which purchased cement from overseas sources to the value of US$28m, followed by Guatemala at US$18m. Smaller volumes were imported by El Salvador (US$12m), Honduras (US$7m), Panama (US$6m) and Costa Rica (US$5m), according to CentralAmericaData. YoY the volume of cement imports in the region advanced by tw...

APCMA cement dispatch data for 6MFY18/19

07 January 2019, Published under Cement News

All Pakistan Cement Manufacturers Association (APCMA) has released dispatches data for 6MFY18-19, which shows mixed sales. Local dispatches contracted and export swelled during July-Dec 2018. Domestic cement dispatches declined in the first six months of FY18-19 by 1.4 per cent as compared to same period last year, which is the first drop in the last nine years. However, a surge in exports ...