Cement News tagged: Trading
China's cement imports surge in May
The imports of cement into China soared in May to 4Mt, twice the level seen at the start of the year as the housing market rebounded and infrastructure spending showed strong growth, according to brokerage Braemar ACM. The increase in incoming trade is helping smaller-sized bulk carriers, said the brokerage firm.
Cement export from Bangladesh begins in July
Bangladesh's cement industry has earned export revenue of US$0.53m in July 2020, the first month of FY20-21, compared to US$0.66m bagged in July 2019. The weak start at the beginning of the new fiscal year reflects the fall in exports by 20 per cent over the year-ago period. The figure also includes a minor amount of salt, stone and related products, says data of Bangladesh Export Promotion Bu...
Vietnam cement and clinker exports rise 36% in July
Vietnam has exported an estimated 3Mt of cement and clinker with a value of US$117m in July, according to the country’s General Statistics Office. This represents a rise of 35.5 per cent in volume and 30.2 per cent in value when compared with July 2019. In the first seven months of 2020 total cement and clinker exports stood at 19.46Mt, up 9.4 per cent YoY. Their value fell 3.4 per cent YoY ...
Pakistan's cement export volumes rise
Pakistan's Federal Bureau of Statistics (FBS) has released cement export data for the 12 months of July-June (2019-20). During this period, the quantity of cement exports increased but the dollar value fell, reflecting a weaker global market for cement and clinker in the aftermath of COVID-19. Pakistan's total exports (all commodities) decreased by 6.8 per cent during the FY19-20 to US$21.394...
Iran continues cement exports to Afghanistan
A total of 54,000t of cement have been exported to Afghanistan from Sistan and Baluchestan province, southeastern Iran, since the start of the Iranian year on 20 March. The cement was transported by 2,056 trucks through the Milak border crossing, said Ayoub Kord, head of the Roads and Urban Development Organisation of Sistan and Baluchestan province.
Will Turkish cement exports come under pressure?
As the second-largest cement exporter after Vietnam, Turkey's cement industry has for many years exported its surplus around the world. However, analysts anticipate Turkish trade to contract due to COVID-19 as the pandemic affects trans-Atlantic exports to the US, as well as other countries where anti-dumping measures increase in response to local surpluses - most recently Georgia . However, ...
Uzbekistan cement prices fall
At the last auction of the Uzbek National Commodity and Raw Materials Exchange on 29 June, the average weighted cost fell 4.9 per cent from UZS792,000/t (US$77.71/t) to UZS754,000/t, according to the UzEX press service. Between January and June 2020, the average price of all cement brands on the exchange advanced 59 per cent from UZS499,000/t to UZS792,000/t as the construction season got u...
Turkish cement exports to France rise by 9% in 1H20
In June 2020 the export of Turkish cement to France increased by 65.6 per cent YoY, representing a value of US$12.9m, according to the Turkish Ministry of Trade. Total cement exports from Turkey in June advanced 37.4 per cent to US$343.1m when compared with June 2019. January-June 2020 In January-June 2020 Turkish cement exports to France increased 8.9 per cent YoY to US$61.6m, reported T...
Uzbekistan to simplify cement imports
The Antimonopoly Committee of Uzbekistan intends to simplify the imports of cement. Domestic cement shortages , due to a pick-up in construction works and a fall in imports, have seen the cement price increase by 59 per cent, according to Esmerk CIS News. The Uzbek government has instructed the Antimonopoly Committee, the Uzstandart agency, the State Customs Committee, and the Uzpromstroymat...
DG Khan Cement wins export orders from the Philippines
DG Khan Cement Company Ltd has procured cement export orders from the Philippines. The order was confirmed by a Pakistan government adviser. "Congratulations to DG Khan Cement for making a breakthrough in winning orders for export of cement to the Philippines. This follows on their success in China," said Adviser to Prime Minister on Commerce, Abdul Razak Dawood, in a tweet on Wednesday. "O...
Cement exports from Bangladesh record a 12% fall in FY19-20
Bangladesh's cement industry has earned export revenue of US$9.14m in the FY19-20 (July 2019-June 2020), compared to US$10.41m bagged in 12MFY18-19, a significant contraction of 12.2 per cent YoY. The export figure also includes a minor amount of salt, stone and related products, says data of Bangladesh Export Promotion Bureau (EPB). The export value for cement decreased by -13 per cent, unde...
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.