Cement News tagged under: Prices
Cuba’s government approves retail prices for cement21 April 2022, Published under Cement NewsThe Cuban government approved retail prices for white and grey cement in bulk and 42.5kg bags. Grey cement costs CUP79 (US$3.24)/bag while the price for a tonne of bulk cement is CUP1500. White cement costs CUP183/bag while the price for bulk cement is at CUP4000/t. At present, production by the country's cement plants does not cover domestic demand. |
Cameroon prices rise as construction demand strengthens20 April 2022, Published under Cement NewsCement prices in Cameroon have risen in April to XAF6000-6600 (US$9.89-10.88)/50kg bag, past the November 2021 peak. The price rise is expected the help cement producers offset the impact of higher input costs. As of 22 March 2022, the average cement price rose by over 10 per cent MoM and by 11 per cent YoY, firming up as the cement sector enters a seasonally-strong period for construction activities. In addition, the government has increased its pace of awarding road construction projects. |
Building material prices continue to rise in Germany22 March 2022, Published under Cement NewsCement prices in Germany rose by 4.9 per cent YoY in February, according to the recently-published producer price index by the German statistics office, Statistisches Bundesamt. The rise was more modest than in other building materials due to the highly competitive industry environment in Germany, according to industry analysts at CIC Market Solutions (France). The equity research team at CIC Market Solutions point out that in 2022, the domestic industry is targeting a YoY EUR13-15/t incr... |
Bamburi Cement to raise prices as costs escalate15 March 2022, Published under Cement NewsKenya-based Bamburi Cement ( Holcim ) plans to increase prices of its products by 2-10 per cent as of 10 March 2022. The company attributed the price rise to higher raw material costs. To sustain its operations, Bamburi will be raising prices of products marketed under its Nguvu, Tembo and Fundi brands, particularly from the company’s Nairobi, Mombasa, Limuru and Sagana depots. The price of a 50kg bag of Bamburi Cement retails between KES600 (US$5.25) and KES770. |
Tudela Veguín halts production for 10 days14 March 2022, Published under Cement NewsCementos Tudela Veguín has shut down its plant at La Robla for 10 days from Friday, 11 March, citing the soaring electricity prices as the reason for the stoppage. The company has significant stocks of cement and expects to continue normal deliveries to its customers. The halt in operations will not affect the nearly 200 workers at the plant, the company said. While it has a cement capacity of 1.2Mta, it has a utilisation rate of around 25 per cent currently. The company follows Ceme... |
Cement prices in Tanzania to fall?23 February 2022, Published under Cement NewsThere was a modest fall in cement production in Tanzania in 2021 as output fell to 6.436Mt when compared with 6.496Mt in 2020, according to data from the National Bureau of Statistics. Prices have risen sharply during the period. Cement producers have said that the COVID-19 pandemic and its associated lockdowns in the world have compounded the cited issue of “high manufacturing costs”. Maintenance and repairs of cement plants were more difficult as lockdowns in other parts of the world ha... |
Cement demand in El Salvador sees 33% hike in 10M2122 February 2022, Published under Cement NewsApparent cement consumption in El Salvador increased 33 per cent YoY to 1.437Mt in the 10M21 from 1.086Mt in the 10M20, according to the country’s construction chamber, CASALCO. Cement prices have increased with cement delivered ex-works (including VAT) up 6.9 per cent YoY to US$8.09/bag of 42.5kg in January 2022 from US$7.57/bag in January 2021. At the retail level, prices increased by 5.6 per cent YoY to US$8.83/bag in January 2022 from US$8.36/bag. |
SONOCC announces resumption of production26 January 2022, Published under Cement NewsSociété nouvelle des ciments du Congo (SONOCC) will restart its production of cement from 31 January after several weeks of work stoppage, said the company’s Director General, Il Xingtao. It is expected that the additional output will help alleviate the cement shortage in the Republic of Congo and put an end to soaring cement prices. Prices have jumped to XAF120,000 (US$206.67) to date from XAF70,000 in November 2021. At present only Forspak’s plant is operating but is unable to cover na... |
Cement demand continues climb in El Salvador in July26 November 2021, Published under Cement NewsApparent cement consumption in El Salvador increased 45.9 per cent YoY to 180,611t (4249.67 bags) from 123,779t (2912.45 bags) in July 2020, according to Casalco. In the January-July 2021 period apparent demand saw a 57.3 per cent increase to 1,100,926t (25,904.15 bags) from 699,989t (16,470.33 bags) in the 7M20. In October 2021 the ex-works price remained stable MoM at US$8.09 per 42.5kg bag. Retail prices edged up further to US$8.82/bag in October, representing a YoY rise of five per... |
Salvadoran cement market expands 60% in 6M2125 November 2021, Published under Cement NewsApparent cement consumption in El Salvador surged by 59.7 per cent to 920,315t (21,654.48 bags) in January-June 2021 from 576,210t (13,557.88 bags) in the equivalent period of 2020, according to Casalco. In June alone, 102,413t (2409.71 bags) were sold on the domestic market, representing a 24.4 per cent increase when compared with June 2020 sales of 82,345t (1937.54 bags). Cement prices in El Salvador rose 6.9 per cent YoY from US$7.87 per 42.5kg bag to US$8.09/bag, ex-works – including V... |