Cement News tagged under: Exports
Peru's cement demand edges up in June26 July 2017, Published under Cement NewsPeru’s cement producers dispatched 777,000t of cement in June 2017, representing a 2.2 per cent increase YoY, according to the latest data from Asocem, the country’s cement association. In June 2016, the domestic market required 756,000t. Total dispatches, which include exports, advanced 2.7 per cent YoY from 781,000t to 802,000t in June 2017. Output rose 2.2 per cent from 792,000t in June 2016 to 809,000t one year later. In terms of the rolling year, domestic cement deliveries reache... |
Pakistan's cement exports fall during FY1724 July 2017, Published under Cement NewsDuring the FY16-17 (July 2016-June 2017), Pakistani cement producers exported 4.53Mt of cement at a total value of US$237.88m, compared with 5.97Mt at US$321.21m in the equivalent period of the previous year. This represent a YoY retrenchment, both in terms of value (-25.94 per cent) and volume (-24.17 per cent). During this period, value of cement in US$ fell to US$52.46/t from US$53.72/t. On MoM basis, Pakistan cement exporters have earned revenues of US$18.01m on exports of 349,430... |
Vietnam government urged to reduce export duty21 July 2017, Published under Cement NewsVietnam’s Ministry of Planning and Investment has proposed the government to reduce export duty on cement to help domestic cement producers to promote exports. According to the government’s Decree No 100/2016/ND-CP, exported cement products are not eligible to enjoy input value-added tax (VAT). Furthermore, the product is subject to a five per cent export tax, which has lifted export costs to US$4.50/t clinker and US$7.50/t of cement (based on average FOB prices of US$30 and US$50, ... |
Pakistan producers see mixed dispatch performance19 July 2017, Published under Cement NewsPakistan cement producers recorded a mixed performance in total dispatches for FY17 as a double-digit decline in exports was witnessed. During FY17, which drew to a close at the end of last month, the industry recorded growth a four per cent rise in dispatches YoY to 40.267Mt. Of this total, local sales climbed eight per cent YoY to 35.604Mt, while exports fell by 21 per cent YoY. Dispatches by local producers for the 12 month period included: • Lucky Cement: 6.89Mt (-1 per cent YoY) •... |
Indonesia 1H sales dip, exports rise18 July 2017, Published under Cement NewsCement sales in Indonesia registered a slight decline over the first half of this year, while exports sales fared better over the six-month period, according to the latest industry data. Domestic sales were down by 1.3 per cent YoY to 29Mt in the 1H17, compared to 29.37Mt a year earlier, statistics published on state-owned Semen Indonesia’s website reveal. Widodo Santoso, chairman of the Indonesian Cement Association (ASI), told local press that the decline is attributed to the long hol... |
Argentina consumption up 17% YoY in June18 July 2017, Published under Cement NewsArgentina’s cement market expanded 4.1 per cent MoM to 1,007,450t in June, according to the country’s cement association, AFCP. When compared with June 2016, the increase reached 17.2 per cent. Around 8972t of imports are included in this figure – more than quadrupling when compared with June 2016 although when compared with May 2017, the rise is more modest at 51 per cent. Domestic cement companies dispatched 1,001,428t, including exports, up 3.6 per cent MoM and 16.1 per cent YoY. Of th... |
Expected decline in 2Q Saudi cement sales14 July 2017, Published under Cement NewsSaudi cement sales volumes are expected to have declined by 17 per cent YoY and 11 per cent QoQ due to a lower pace of project spending, Riyadh Capital writes in its latest preview report on the domestic cement sector. However, some welcome relief could come in the form of the government's decision to reduce the export tariff by 50 per cent, the research house adds. The Saudi cement industry has been affected by falling cement prices and lowering demand amid the ongoing supply glut. Dispatc... |
Cement demand in Brazil continues fall in 1H1712 July 2017, Published under Cement NewsCement sales in Brazil in the 1H17 fell 8.8 per cent YoY as the domestic market required 26.015Mt of cement, according to Brazil’s cement association, Sindicato Nacional de la Industria del Cemento (SNIC). In the southeast of the country, the largest segment, sales fell from 13.12Mt in 1H16 to 12.21Mt in 1H17, representing a decrease of 6.9 per cent. However, both the northeastern and central-eastern regions reported a drop of around 11 per cent to 5.61Mt and 2.67Mt, respectively. In the ... |
Spain’s cement consumption increases 11% in 5M1711 July 2017, Published under Cement NewsCement consumption in Spain has increased 10.8 per cent YoY to 4,887,751t in the first five months of the year, according to Oficemen, the country’s cement association. A significantly-improved growth rate in May of 15.3 per cent has seen the latest monthly figure reach 1,101,046t and offset the decrease seen in April. If the current growth rate is maintained, it is expected that full-year demand will reach 12.3Mt. However, date for the rolling year from June 2016 to May 2017 show a m... |
Pakistan full-year growth slows10 July 2017, Published under Cement NewsPakistan dispatched 40.315Mt of cement of during fiscal year 2016-17, up 3.71 per cent YoY, the latest data from the All Pakistan Cement Manufacturers Association (APCMA) shows. Capacity utilisation for the year was 86.9 per cent. During the July 2016-June 2017 period domestic cement dispatches from the north zone were 29.141Mt (+7.72 per cent) and exports were 3.150Mt (-18.22 per cent). Meanwhile, dispatches from the south zone rose by 9.47 per cent YoY to 6.511Mt. However, exports were... |