Cement News tagged under: Supply-Demand
Ukraine cement production rises 5% in June25 July 2018, Published under Cement NewsUkraine has recorded a 5.2 per cent YoY increase in cement production to 1.025Mt in June, a rise of 0.2 per cent on the previous month. In the first half of 2018, however, production declined 3.5 per cent YoY to 4.01Mt. |
Czech cement production rises 3% in 201719 July 2018, Published under Cement NewsCement production in the Czech Republic increased 2.5 per cent YoY to 4.03Mt in 2017, according to the Czech Cement Association. Similarly, consumption showed growth of 3.5 per cent YoY to 3.95Mt in the same period. Imports increased by 19.2 per cent YoY to 552,290t in 2017, with deliveries to Slovakia consisting of almost half the figure and Poland forming over a third. However, exports fell 6.5 per cent to 547,267t in 2017 when compared with the previous year. Amongst the top export ma... |
Uzbekistan records 6% fall in production in 1H1813 July 2018, Published under Cement NewsUzbekistan has recorded a 5.8 per cent YoY fall in cement production in the first half of 2018, decreasing to 3.95Mt from 4.20Mt in the year-ago period. Depending on the region of sale, both Kizilkumcement JSC and Bekabadcement JSC have set cement prices in the region of UZS430,000-490,000/t (US$55-62/t). Furthermore, the head of state has established a cement price threshold for a number of contractors, according to Trend News. Producers will sell 2Mt of cement at UZS367,000/t to the cont... |
Vietnamese consumption rises 30% YoY in June05 July 2018, Published under Cement NewsVietnamese cement consumption has increased 30 per cent YoY to 8.71Mt in June, according to the Construction Materials Department of the Ministry of Construction. Approximately 6.91Mt was sold domestically (up 29 percent YoY), while 1.8Mt was exported (up 35 per cent YoY). Consumption in the country rose 25 per cent YoY in the Jan-June 2018 period, rising to 51.42Mt. Exports reached 15.42Mt in the six-month period, meeting 85.6 per cent of the target volume for the year. |
Chinese cement industry reaches record monthly profit06 June 2018, Published under Cement NewsThe profit of the Chinese cement industry reached a record monthly high of CNY14.7bn (US$2.3bn) in April, according to the China Cement Association. Over the first four months of 2018, profits increased 220 per cent YoY to CNY33.7bn. The profit surge has been attributed to the government scheme to reduce overcapacity in the sector, which has reduced the supply of cement, reports the Xinhua News Agency. As a result, prices are expected to remain high even during the upcoming season. Nat... |
Holcim Philippines considers capacity increase18 May 2018, Published under Cement NewsHolcim Philippines Inc has earmarked PHP2.4bn (US$45.86m) for capital outlays this year, with projects to further increase capacity being considered, according to the Philippine Daily Inquirer. The company will prioritise operational improvements, tighter cost management and new building solutions to benefit from and support the strengthening construction activity in the country, said John Stull, president and CEO of Holcim Philippines. "Last year, we started projects to raise cement pr... |
Pakistan producers to increase prices14 May 2018, Published under Cement NewsCement prices in Pakistan are set to increase by PKR15-20/50kg bag (US$0.13-0.17/50kg bag), after companies have reached a consensus on production according to a stipulated quota. High supply levels and increased production costs have negatively impacted profitability for cement companies, according to The Express Tribune. “A consensus has been reached among cement producers to increase prices,” said Anjali Rawlani, UBL Funds research analyst. “Companies have been producing as much as they ... |
Growth of Indian cement sector slows in March02 May 2018, Published under Cement NewsThe growth of Indian cement output has slowed in March to 13 per cent, compared to 23 per cent of the previous month. However, the cement sector was one of the principal performers throughout FY18, according to Aditi Nayar, principal economist at ICRA. "Cement output expanded by a five-year high [of] 6.3 per cent in FY18, marking a turnaround relative to the contraction of 1.2 per cent in FY17. Moreover, cement was the fastest growing of the eight core sectors in FY18. Increased budgetary... |
Manufacturers fined for selling underweight cement bags20 April 2018, Published under Cement NewsTwo manufacturers have been fined INR24,000 (US$363.30) for selling underweight cement bags in Pulwama, south Kashmir, according to the United News of India. The bags were found when the Field Executive of the Legal Metrology Department (LMD) and the Assistant Controller of Pulwama carried out an inspection on two vehicles leaving the district. "During a surprise inspection, two lorries carrying cement supplies to other districts were intercepted. The weight of the bags was conducted on t... |
Tajikistan records 84% increase in cement production17 April 2018, Published under Cement NewsTajikistan has recorded an 83.5 per cent YoY increase in cement production in the first quarter of this year, rising to 782,400t from 426,400t. The production of cement in 2018 is expected to improve upon the previous year due to new infrastructure projects, increasing exports, and planned residential housing construction, according to Business World. The country’s main export markets are Uzbekistan and Afghanistan. In the 1Q18, exports to Uzbekistan reached 172,000t, while dispatches to A... |