Cement News tagged under: Supply-Demand
Vietnamese export volumes rise 11% in the 7M2018 August 2020, Published under Cement NewsVietnam exported 19.5Mt of cement and clinker worth US$732m in the first seven months of 2020, up 11.4 per cent YoY in volume but down 5.4 per cent in value, according to Dau Tu (Investment). In the seven-month period, the major export markets included China, the Philippines and Bangladesh. Last year, the Ministry of Construction forecast that Vietnam would sell 101-103Mt of cement and clinker in 2020, rising 4-5 per cent YoY, which would include 32-31Mt of exports. However, the predic... |
Bangladesh's raw material imports decline 13%11 August 2020, Published under Cement NewsThe value of raw material imports for Bangladesh’s cement industry fell almost 13 per cent YoY to BDT64.81bn (US$764.1m) in the FY19-20, on the back of a stagnation in construction activities due to the COVID-19 pandemic. Businesses imported 18.6Mt of cement clinker, granulated slag, limestone flux and gypsum in the last fiscal year, down from 20.99Mt a year ago, according to the Chattogram Custom House. Most of the materials came through the Chattogram port from Thailand, Vietnam and Chin... |
Azerbaijan records 2% decline in cement production22 July 2020, Published under Cement NewsCement production in Azerbaijan declined 2.4 per cent YoY to 1.57Mt in the first half of 2020, according to the State Statistics Committee. However, ready-mix concrete production rose 3.6 per cent to 821,500t. Overall, the value of building materials produced in the country reached AZN327.6m (US$192.82m) in the 1H20, down 10.4 per cent compared to the corresponding period of last year. |
Indian cement prices struggle in July20 July 2020, Published under Cement NewsAll-India cement prices declined by one per cent to INR366/50kg bag (US$4.88/50kg bag) in July, according to Kotak Institutional Equities. Prices in southern India also declined one per cent MoM in July. In the northern and eastern markets prices fell by two per cent and one per cent, respectively, while prices in the west and central India remained resilient. The price difficulty has been attributed to a range of reasons, with northern dealers reporting a lack of new construction acti... |
European building materials sector shows resilience17 July 2020, Published under Cement NewsFollowing the downturn in activity for the French construction materials sector in April, the following month saw the beginnings of a sequential recovery and even more impressive results were noted in June, according to a CIC Market Solutions (France) report. The country’s ready-mix sector saw activity return from -62 per cent YoY in April to +14-20 per cent in June, while distribution activity recovered to +12-14 per cent in the same month. The positive boost for the sector has stimulate... |
India's capacity utilisation falls in the 2Q16 July 2020, Published under Cement NewsThe capacity utilisation of India’s top 10 cement producers fell to 52 per cent in the quarter ending 30 June, compared to 76 per cent in the year-ago period, according to The Hindu BusinessLine. The decline has been attributed to weak demand and logistics restrictions amid the COVID-19 pandemic. The lower capacity utilisation reportedly increased operational costs despite a dip in fuel and raw material costs. With the onset of the monsoon season and housing projects facing labour issues, d... |
Belarusian Cement Co sees sales rise 105% in 5M2006 July 2020, Published under Cement NewsBelarusian Cement Co produced 1.835Mt of cement in the January-May 2020 period, an increase of 104.7 per cent YoY. Total domestic sales also advanced 112.1 per cent YoY. Belarusian Cement Mill dispatched 656,600t of cement (up 3.6 per cent YoY), including 407,800t of domestic sales (up 13.8 per cent). OAO Krasnoselskstroymaterialy reportedly sold 568,300t of cement in the 5M20, climbing 110.2 per cent. OAO Krichevtsementnoshifer also saw sales rise 109.6 per cent YoY to 465,000t. Through t... |
Cement production falls 29% in Fiji01 July 2020, Published under Cement NewsIn the Reserve Bank of Fiji’s economic review for June 2020, it has found domestic cement production to have fallen 28.7 per cent YoY in the 5M20. The results have been largely attributed to weak demand. Cumulative domestic cement sales also declined 18.8 per cent YoY in the year up to May 2020. |
Saudi Arabia records 10% demand increase in 5M2025 June 2020, Published under Cement NewsSaudi Arabia’s cement sector has reportedly seen a 10 per cent YoY demand growth in the first five months of 2020, according to Al Rajhi Capital. Qassim Cement and Yanbu Cement saw the highest YoY increase of 21 and 18 per cent, respectively, for the combined period of April and May. However, when comparing the first two months of 1Q20 with the first two months of 2Q20, volumes have declined by almost 50 per cent. "We estimate that for the next couple of years, the industry will wit... |
China's cement production rises 9% YoY in May19 June 2020, Published under Cement NewsCement production increased to 248.69Mt in May 2020, up 11.3 per cent from April and 8.6 per cent from the corresponding period last year, according to the South China Morning Post. The recovery has been attributed to resumed and stronger construction activity, following the lifting of the restrictions put in place by the government control the spread of the coronavirus outbreak earlier this year. However, going forward cement production is expected to peak in June due to the summer ra... |