Cement News tagged under: Prices
Oman's vision for growth05 February 2014, Published under Cement NewsOman is currently experiencing a growth spurt, which has been reflected in rising cement demand as public spending on infrastructure and real estate climbs steadily. Domestic producers are beginning to satisfy the market through increases in capacity and the prospects for the industry going forward are very encouraging. By Vijay Sridharan, Gulf Baader Capital Markets, Oman. The Sultanate of Oman is becoming an increasingly popular tourist destination, providing evidence of growth i... |
Pakistan: US$5 cement bag on the way19 December 2013, Published under Cement NewsThe price of a bag of cement in Sindh and Balochistan has jumped beyond PKR500 (US$4.70), a private news channel reports. Cement industry sources were quoted as saying that the cement price has been increased in the range of PKR10-20/bag (US$0.09-0.19), due to the power tariff hike and rise in the international prices of coal, which has pushed up the per bag price of cement towards US$5. Analysts said that the price of cement was seen generally declining in winter due to the slowdown in... |
Waiting for the light19 November 2013, Published under Cement NewsWith cement demand growth slipping below six per cent in 2012, India appears to have fallen short of expectations, in spite of remaining a high-growth market by global standards. As the NCB prepares for its 13th International Seminar on Cement and Building Materials on 19-22 November in New Delhi, ICR looks at the prospects of India’s cement sector. The beginning of 2013 proved a challenging time for the Indian cement sector. As production capacity continues to rise, the industry i... |
What price for a kingdom?11 November 2013, Published under Cement NewsFuelled by strong demographic growth and high oil prices, the Saudi Arabian government is currently on a US$219bn infrastructure spending spree. With cement demand expected to hit 64Mt by 2014, capacity is now being ramped up with expansion plans by existing producers and the arrival of new players. But with a question mark hanging over the country’s fuel supply, the ability to meet this demand long-term remains uncertain. Modern architectural buildings are already beginning to mix wi... |
Fiji is raising cement prices07 November 2013, Published under Cement NewsA detailed analysis by Fiji's Commerce Commission following a cement price submission from Fiji Industries Ltd (FIL) has resulted in a price increase for the building product. The commission approved a 2.7 per cent increase in the wholesale price of bagged and bulk cement effective 1 November 2013. This means consumers will pay US$6.14 more on the present price of US$227.63 for the general purpose blended (GB) bag of cement and US$5.58 extra on the price of US$206.95 of ordinary Portland bu... |
Pakistan: cement prices rise02 October 2013, Published under Cement NewsElectricity tariffs and other inflationary pressures have put pressure on cement manufacturers in Pakistan to increase cement prices. Cement producers have increased their prices by PKR15-20/50kg bag (US$0.14-0.19), a brokerage house reported yesterday. “Local cement prices have increased by 15-20 per 50kg bag, an increase of three to four per cent, over average retail prices that are currently hovering around PKR497.88 per bag,” Abia Zaidi at Shajar Capitals, said. Going forward, with ce... |
Colombia's regulator investigates price fixing22 August 2013, Published under Cement NewsColombia's Superintendency of Industry and Commerce will be opening an investigation into the alleged price-fixing by five local cement companies. The regulator will examine whether Holcim (Colombia), Cementos Argos, Cementos Tequendama, Cemex Colombia and Cementos Marcos have been colluding in the setting of cement prices over the past three years. The regulator has said it will look into "an alleged agreement to fix prices and divide up the market”. The superintendency has claimed that... |
Cement prices in China keep rising20 August 2013, Published under Cement NewsAlthough China's cement sales are outside their peak season, the average cement price in the country has continued to rise over the past week, according to the latest data from industry information provider Digital Cement. The average cement price witnessed a week-on-week increase of 0.2 per cent between 12-16 August and cement prices in some regions have approached the peak experienced in the sales season. The average cement price in eastern China increased 1.3 per cent over the week. I... |
Indian cement prices mount June recovery05 July 2013, Published under Cement NewsAll-India cement prices saw an uptrend led by price hikes across all regions in the country. The southern region saw an average price rise of INR30/bag (US$0.50), the highest among all regions, which took the all-India average June 2013 prices to INR308/bag (US$5.10) as compared to INR294/bag (US$4.86) in May 2013. In the east and west region, prices advanced by INR15-20/bag, which took average prices in the east and west region to INR333/bag and INR306/bag, respectively, for June 2013.... |
Ghana: cement prices rising26 June 2013, Published under Cement NewsCement prices in Ghana have been rising by the day with retail prices currently around GHS274 (US$136). Ex-factory prices are cheaper than retail prices so the tariff posted at the Ghacem (HeidelbergCement) plant on 24 June indicated that a bag of cement costs GHS260 (US$129), effective 20 June 2013, when buying 1000 bags or above. For orders of 100+ bags only the price rises to GHS265 (US$132), according to a local reporter. Ghana has imported mainly from Senegal, but these shipment... |