Cement News tagged: Trading

South African cement imports up 19% in 11M21

03 February 2022, Published under Cement News

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

31 January 2022, Published under Cement News

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

27 January 2022, Published under Cement News

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...

Oil back to US$80 while Indonesian export ban supports coal – petcoke steady in low December trading

27 January 2022, Published under Cement News

By Frank O. Brannvoll, Brannvoll ApS, Denmark The euro was stable between US$1.12-1.14 despite the US Federal Reserve focussing on higher yields in 2022. A range of US$1.12-1.16 can be expected in the next few months, still looking towards US$1.18 later in the year. The Turkish lira collapsed to TRY18.40, before new strict curbs forced it back to TRY10.50. Still under pressure from negat...

Málaga resumes cement export

Málaga resumes cement export

26 January 2022, Published under Cement News

Following a stop since September 2021, the export of cement from Málaga, Spain, has resumed. With a frequency of between 1-2 cargoes leaving the port per month, activity is expected to remain similar to that seen before the suspension of exports. Until September, five different ships by Bergé Condeminas completed 18 loading operations with cement exported to the port of Banjul in Gambia, acc...

Pakistan cement records dismal performance in December

06 January 2022, Published under Cement News

According to the data released by the All Pakistan Cement Manufacturers Association (APCMA), total cement dispatches declined by 4.2 per cent in December 2021 to 4.59Mt from 4.79Mt dispatched during the same month last fiscal year.   AKD Research referred to this dismal performance to seasonality but expressed hope that the local demand remains vital for FY22 as economic activity continu...

Coal stabilising while petcoke continues lower

Coal stabilising while petcoke continues lower

30 December 2021, Published under Cement News

By Frank O. Brannvoll, Brannvoll ApS, Denmark Since ICR’s most recent energy report , the price of coal has stabilised and started to move higher after sharp falls in November. China is still keeping a lid on prices, but as prices of gas in Europe are moving higher, new use of coal is dragged up. High-sulphur (6.5%, 40HGI) FOB petcoke price, historical view 2005-21 Meanwhile, ...

Belarusian commodity exchange sees 64% rise in cement exports

30 December 2021, Published under Cement News

The Belarusian Universal Commodity Exchange (BUCE) saw a 64 per cent YoY increase in cement export transactions in January-December 2021 to US$15.2m, according to the exchange’s press service. Two transactions were carried out on 28 December to supply 6000t and 39,000t of Belarusian Portland cement with a total value of US$2.7m to Poland. In 2021, 74 per cent of the country’s cement export...

Egypt sees exports up 180% in 10 months

24 December 2021, Published under Cement News

Cement exports from Egypt in the first 10 months of 2021 have increased 180 percent to US$397m when compared with US$142m in the 10M20, according to the Export Council for Building Materials, Refractories and Metal Industries. The country exported cement to 79 countries, including 25 new destinations. Five countries accounted for 60 per cent of exports, led by Côte d’Ivoire, and followed by ...

Vietnamese clinker exports fall, cement exports advance in November

24 December 2021, Published under Cement News

Clinker exports from Vietnam saw a nine per cent drop in November 2021 to 2,854,949t when compared with November 2020, according to the Vietnamese cement association, VNCA. Cement exports increased by five per cent YoY to 1,739,582t in November 2021 when compared with November 2020. Total exports saw a 46 per cent YoY leap to 4,594,531t in November 2021. January-November 2021 Total exports ...

Argos set to commission new terminal

23 December 2021, Published under Cement News

Argos has invested close to US$42m for the construction of a new terminal in the free trade zone of Cartagena, Colombia. As such, it is expanding its port infrastructure and the movement of cement, clinker and other raw materials to 3.5Mta, which will triple its capacity to receive and export products. The new terminal is expected to begin operations in the first quarter of 2022. "We are ext...

CARBON: New records – now targeting €100 following increased physical and financial demand

21 December 2021, Published under Cement News

By Frank O. Brannvoll, Brannvoll ApS, Denmark   Before its expiry day, the EUA December 2021 contract reached a stunning EUR91.50 all-time high, less than 10 per cent from EUR100, a number only joked about three months ago. An increased demand due to coal being by far the cheapest fossil fuel and speculators pouring in, as mentioned in previous reports, cut through resistance points at ...

UltraTech Cement begins operations at Navi Mumbai terminal

20 December 2021, Published under Cement News

India’s UltraTech Cement has begun operations at its bulk terminal in Kalamboli, Navi Mumbai. As the company’s 7th bulk terminal, it has a 1.2Mta capacity and is expected to strengthen its bulk cement sales in the region. Cement will be brought in bulk rakes to this terminal from UltraTech’s manufacturing units at Solapur, Maharashtra, and Malkhed, Karnataka. This will effectively help in re...

Tokyo Cement commissions new terminal capacity

20 December 2021, Published under Cement News

Sri Lanka’s Tokyo Cement has commissioned operations at its expanded Colombo terminal, following a LKR2.5bn (US$12.35m) investment. The capacity upgrade will fully come online when all three new cement storage silos, each with a capacity of 6000t, become operational, according to Daily News. The expansion will increase the company’s total bulk cement imports from 600,000tpa to over 1Mta.

After sharp falls in oil and coal, Omicron fears fading – petcoke down but with coal slowly higher, discounts return to positive

17 December 2021, Published under Cement News

By Frank O. Brannvoll, Brannvoll ApS, Denmark The euro broke lower due to hawkish talk from the US Federal Reserve of higher yields in 2022. There is a range of US$1.12-1.16 expected in 2022, but the euro is likely move towards US$1.18. The Turkish lira saw a 47 per cent collapse from TRY9.75 to TRY14.40 in four weeks due to the new policy of negative real rates, making fuels substantial...

TCL increases cement prices by 15%

16 December 2021, Published under Cement News

Trinidad Cement Ltd (Cemex group) has announced an ex-factory cement price increase of approximately 15 per cent. The price increase becomes effective on 20 December 2021. TCL said: “We have been absorbing rising input costs for a long time and are now unable to continue to maintain our prices. The main attributing cost factors are natural gas, imported spares ad other raw materials that go...