Cement News tagged under: Prices
India: cement closures called in Rayalaseema02 May 2012, Published under Cement NewsThe Rayalaseema Rashtra Samiti, an organisation based in Proddatur of Kadapa district, has given a closure call for all cement factories in the four Rayalaseema districts on 23 May if the price per bag is not reduced to INR150 (US$2.80) from the current INR330 (US$6.24). Samithi president Kuncham Venkata Subba Reddy has sent out notices to the cement factories and also written a letter to Prime Minister, apprising him of the problems faced by people of Anantapur, Chittoor, Kadapa and Kurno... |
India: cement prices have started to weaken02 May 2012, Published under Cement NewsCLSA India says cement prices have started to drop across India, with dealers expecting more falls ahead, according to its India Reality Research survey. Cement prices have fallen by an average of 2% per bag since 15 April, with dealers citing rising inventories, while demand is being hit by "sluggish" construction activity. ACC has risen 6% in 2012, Ambuja Cements is down 4%, while Ultratech Cement is up 21% on a YTD basis, compared to 12.2% rise in Nifty. The outlook for the sector is... |
Cemex05 April 2012, Published under Cement NewsCemex is to construct a waste heat recovery plant at its Solid Cement’s Antipolo works in the Philippines. This will have a capacity of 6MW and is being constructed by a Chinese company, using it own technology. The company’s US volumes have benefited from favourable weather during the early months of 2012 and during the first two months of the year cement volumes were ahead by in excess of 20%. A US$5/t price increase was introduced in some markets in January and further price increases ... |
Venezuela cement prices rise 13.4%08 February 2012, Published under Cement NewsIn January the prices of construction materials in Venezuela increased 2.5 per cent largely as a result from a rise in prices in the steel and cement sectors. Statistics from the Central Bank of Venezuela (BCV), showing the wholesale price index of construction materials, shows that in one month cement prices increased 13.4 per cent. According to BCV figures, in 12 months cement prices accumulated a 28.1 per cent. In December, the government authorised an 80 per cent increase in the va... |
Increased power tariffs result in cement price hikes, Tanzania07 February 2012, Published under Cement NewsA recent rise in power tariffs by over 40 per cent has resulted in the price of Tanzanian building materials starting to also increase. A spot survey by local newspaper, ‘Daily News’ on Tursday showed that the price of Twiga cement sold by Tanzania Portland Cement Company (TPCC) has risen to between TZS14,500 and TZS15,500 per 50kg bag, depending on the location. This follows the company’s decision to increase prices to wholesalers last Monday, the paper reported. Agents now say the pr... |
Nepal prices set to rise on higher production costs02 February 2012, Published under Cement NewsCement prices in Nepal are set to rise by an average NPR30-40/bag as production costs escalate. The increase is mainly attributed to rising petroleum and clinker costs, Nepal Republic Media reports. "Currently, most companies have not increased the price as the demand of cement is very low but they are all set to increase the price sooner than later," said Dhurba Thapa, Vice-President of Cement Producer's Association (CPA) and proprietor of Tej Cement. Cement consumption, which is aro... |
Protests ensue over rising cement prices, India12 January 2012, Published under Cement NewsProtests have taken place at Century Cement’s Chhattisgarh cement plant in India due to rising cement prices with threats of further demonstrations to be held at production sites of other major domestic producers. Members of the ruling Bharatiya Janata Party (BJP) as well as the opposition Congress reached the cement plant in the Tilda area of Raipur as nearly 500 people blocked points of entry. The protests prevented staff from entering the factory and stopping company officials transpor... |
Defining the future21 October 2011, Published under Cement NewsAhead of Cementtech 2011, Xiangzhong Kong, Secretary General of the China Cement Association (CCA), talks to ICR about the prospects for the domestic cement market and outlines the key policies which will define the Chinese cement industry over the coming five years and beyond. ICR: How will the Chinese economy perform in 2011 compared with 2010? CCA: China’s economy will continue its stable development trend in 2011. The government is very concerned about livelihood issues an... |