Cement News tagged: Trading
Vietnam producers target higher cement exports
Vietnam's cement industry is targeting exports of 25Mt in 2019, while domestic production is likely to top 70Mt, according to Vietnam Cement Association (VNCA) Chairman, Nguyen Quang Cung. Vietnam's cement sector has been expanding with much of the new capacity in the central part of the country as Tháhn Thang Group Cement JSC, Vissai Group, ThaiGroup Corp (formerly Xuân Thanh Group) and Lo...
Turkish cement producers see exports surge 46% in 1H19
Cement exports from Turkey in the first half of 2019 have increased by 46 per cent YoY to US$444m, according to the Turkish Cement Manufacturers’ Association (TÇMB). TÇMB Chairman, Nihat Özdemir, said that the sector continues to contribute to Turkey's economy by producing approximately 71Mt of clinker and 75Mt of cement annually in 2018. "In the first six months of the year, cement exports i...
Cement dealers not picking cement from factories
The protest of All Pakistan Cement Distributors Association (APCDA) has entered in its fourth day and quantity of dispatches from factories are fast receding and may cause shortage in country, according to an electronic media report. The dispatches of cement from cement factories to local dealers across Pakistan have been partially disturbed from 1 July 2019 owing to protest of All Pakist...
Kenya reports decline in cement exports
Kenya has reportedly seen 9017t of cement exports in the first quarter of 2019, which represents a value of KES11m (US$106,940). This is a significant decline when compared to the 1Q17, which saw export volumes of 98,824t at a value of KES877m, according to the Kenya National Bureau of Statistics.
Pakistan's export revenue rises during 11MFY19
Pakistan's cement export revenue for the first 11 months of the current July 2018-May 2019 fiscal recorded a YoY growth of 26 per cent and 46.2 per cent in terms of dollar value and quantity, respectively, according to Pakistan's Bureau of Statistics (PBS). The country's cement industry earned foreign exchange revenues of US$260.16m by exporting 6.12Mt of cement and clinker during the 11MFY1...
Aliénor Ciments awarded first NF Hydraulic Binder certification
Less than a year after commissioning its cement plant at Tonneins, Aliénor Ciments has been awarded its first NF Hydraulic Binder certification. The certification relates to its CEM I 52.5 R CE CP2 NF product. The certification attests that the cement complies with the standards and additional requirements by Afnor Certification and allows the Cem’In’Eu subsidiary to display the NF mark on t...
Vessel released to off-load clinker in Bangladesh
The Egyptian flag cargo vessel "Wadi Feran" laden with 50,141t of imported clinker, which was arrested at the outer anchorage of Chittagong in Bangladesh on 26 May, as per orders of the local High Court in a litigation, was finally released on Friday. The vessel had arrived on 8 May and later successfully offloaded cargo imported by local cement manufacturers.
Cement importers deny activities hurt Philippine cement producers
Cement importers have rejected claims by local manufacturers that the import surge on cement is causing "serious injury" to the domestic industry. "Some members of the cement industry are exhibiting continuing profitability amid increased imports," the Philippine Cement Importers Association (PCIA) said in a statement on Thursday. This view was repeated by the PCIA in a position paper to...
Call to relax cement import rules in Malaysia
Conditions on cement imports should be eased, according to SME Association President, Michael Kang, and Universiti Tun Abdul Razak economist, Barjoyai Bardai. At present cement importers must obtain a letter from the ministry and a certificate from the Construction Industry Development Board. Mr Kang, whose association represents some 10,000 members, said: “Many of our members are in constru...
Belarus BUCE to facilitate exports to Hungary
The Belarusian Universal Commodity Exchange (BUCE) is looking to facilitate exports of Belarusian construction materials to Hungary. A Belarusian delegation visited Budapest on 3-6 June to explore the possibility of exporting Belarusian construction materials to Hungary via the commodity exchange. Deputy Architecture and Construction Minister, Oleg Shvets, who headed up the delegation, the...
Dominican Republic exports US$72.3m of cement in 2018
The Dominican Republic exported Portland cement to the value of US$72.3m in 2018, according to the country’s Director of General Direction of Mining, Alexander Medina Herasme. The country produces cement in four clinker and two grinding plants with a combined capacity of 7.15Mt. It is the Caribbean’s largest cement and clinker exporter, accounting for around two-thirds of the region’s cement...
US import tax on Mexican products to have little effect on Mexican cement
The five per cent import tariff on all Mexican products, imposed by US President, Donald Trump, would not impact the cement industry as shipments to the US represent only 3.4 per cent of the total domestic output, assured Yanina Navarro, general director of Mexico’s chamber of cement, Canacem. In 2018 Mexico produced 44Mt of cement but only exported 1.416Mt. "Cement is a very local product, ...
Vietnamese clinker imports to China increase in 1Q19
Vietnamese cement exporters are starting to take significant market share in China as they succeed in undercutting domestic producers. Imports of clinker surged by more than 150 per cent in the first four months of 2019 to 5.69Mt on the back of China's housing boom. These imports accounted for 1.4 per cent of China's clinker. The increase in imports has lowered the cost of cement by CNY40/t d...
Armenia places import duty on Iranian cement
Armenia's parliament has approved a 14,000/t duty to be set on imported cement from Iran. A total of 85 law makers voted in favour of the duty with 16 voting against and three abstaining. The Armenia party also wanted a state duty on the import of clinker from Iran but this has not been put in place. The bill for the cement duty passed while a group of construction workers protested outside p...
BAI calls for regulatory authority to investigate cement price hikes
Mr V Sivarajan, president of the Builders' Association of India (BAI)'s Coimbatore branch, has hit out against recent price rises established by India's cement sector. The retail price of a 50kg bag of cement was INR270 (US$3.88) two months ago but now it is INR400 (US$5.76). "The prices of raw materials, transport or labour did not go up for the cement industry," Mr Sivarajan said. "So there...
Pakistan FY19 may end on mixed results
Pakistani research house Insight Securities forecasts that in FY18-19 (July 2018-June 2019), domestic sales will fall 5.6 per cent to 38.8Mt (-10.2 per cent in the north but a rise of +16.3 per cent in the south). Exports, on the other hand, may grow 39 per cent to 6.6Mt (-21.9 per cent in the north, but +151.4 per cent in the south). Analysts of Insight Securities have also pointed out ...