Cement News tagged under: Trade

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Pakistan: 3MFY2021-21 exports mixed

19 October 2021, Published under Cement News

Pakistan's Federal Bureau of Statistics (FBS) has released cement and clinker export data for the first quarter (July-September) of FY2021-22. Both value and quantity of exports slid during this period on a cumulative basis compared with the equivalent months in FY20-21, but growth was recorded MoM. Between July-September 2021, Pakistan's cement industry earned US$55.2m of export revenue by dispatching 1.555Mt of cement and clinker overseas, compared to US$72.29m from 2.206Mt of export...

CEMBUREAU discusses Europe's future for cement

13 October 2021, Published under Cement News

C EMBUREAU held its 'Cementing Europe's future: Action through policy' webinar on 12 October 2021 . Two panel discussions looked at whether the cement industry was Fit for 55 per cent carbon reduction by 2030 and the carbon-neutral built environment and the role of concrete with in it.  Isidoro Miranda, CEO of Holcim Spain and C EMBUREAU president, opened the meeting stating that the "cement sector was on the move!" He announced that the Green Deal was a starting point race towards 205...

Pakistan’s manufacturing costs rise

06 October 2021, Published under Cement News

Coal FOB prices have increased from US$68/t in September 2020 to over US$210/t during September 2021, says the All Pakistan Manufacturing Cement Manufacturers Association (APCMA). Ocean freight from South Africa to Karachi has also increased from US$11/t in September 2020 to US$30/t in September 2021. Pakistani rupee parity to the US dollar has increased from PAK165 to over PAK171/US$ during the same period. A representative of APCMA added that power and energy rates continue to increase,...

Coal handling capacity to increase at Port Qasim

13 September 2021, Published under Cement News

To coincide with the pace of growth in the cement industry, Pakistan International Bulk Terminal (PIBT) has announced it plans to increase its coal-handling capacity at Port Qasim in Pakistan at a ‘marginal cost’ of up to US$70m over 2-3 years. The increase in demand for imported coal is primarily attributed to economic recovery driven by the relief measures taken by the Government of Pakistan (GOP) to mitigate the effects of COVID-19, which include a favourable package for construction, low...

Pakistan’s local cement dispatches rise, exports decline in 2MFY22

06 September 2021, Published under Cement News

All Pakistan Cement Manufacturers Association (APCMA) released dispatch figures for August 2021 with a positive note that the cement sector posted growth of 22.8 per cent in August 2021 by dispatching 4.336Mt when compared with 3.531Mt during the same month of the previous fiscal year. Out of this total, local dispatches increased to 3.814Mt from 2.805Mt, up 36 per cent. However, exports continued to decline as the volumes reduced by 28.2 per cent from 726,687t in August 2020 to 521,468t in...

CeMAP records rising cement imports from Vietnam

30 August 2021, Published under Cement News

The Cement Manufacturers Association of the Philippines, (CeMAP) Inc said Vietnam's cement exports to the Philippines rose 17 per cent YoY to 2.51Mt in the first four months of 2021, making the Philippines the second-largest destination for Vietnam exporters. "With a huge surplus and lower domestic demand, we will likely see a more aggressive effort from Vietnam exporters to flood the Philippine domestic market with imported cement," CeMAP Executive Director Cirilo M Pestano II said in a ...

Can Mexico’s fiesta continue?

05 July 2021, Published under Cement News

Despite initial concerns that Mexican cement demand would see a sharp contraction in 2020 due to the COVID-19 pandemic, domestic consumption held up better than expected through the year. The early signs for 2021 are encouraging but, with a rollercoaster of expectations ahead, Credit Suisse asks how long can Mexico’s fiesta last? By Vanessa Quiroga, Credit Suisse, Mexico. Going forward, the picture for Mexican cement demand, exports and utilisation levels is promising. The outlook ...

North Sulawesi exports 63,046t in May

01 June 2021, Published under Cement News

Indonesia’s North Sulawesi province exported 63,046t of cement to Taiwan, the Philippines and Malaysia in May 2021, according to the North Sulawesi Industry and Trade Office. The value of exports totalled US$2.18m, with Malaysian exports representing US$1.1m from 32,496t alongside US$763,750 from 32,496t sent to Taiwan. Cement is a relatively new export from North Sulawesi and the Industry and Trade Office is reportedly on the look for new markets.

Cambodia posts 49% fall in imports in 2020

27 May 2021, Published under Cement News

Cambodia saw the value of its cement imports fall 48.6 per cent YoY to US$66.25m in 2020, compared to US$128.86m in the previous year, according to the Ministry of Commerce. Imports of construction materials, such as steel and cement, declined during the year as the COVID-19 pandemic paused construction projects across the country, reports The Phnom Penh Post. The growth in domestic cement production, which advanced seven per cent YoY to 7.9Mt in 2020, is also a factor in the cement impor...

Cement imports to the Philippines are increasing by 6-7% YoY

17 May 2021, Published under Cement News

CEMAP data showed imports were growing by an average of 6-7 per cent annually. In 2020 approximately 500t of cement arrived from Vietnam, which emerged as the biggest cement exporter in southeast Asia. Vietnam cement accounted for nearly 90 per cent of total imports, CEMAP said. Meanwhile, many cement manufacturers in the Philippines are pushing for an end to cement imports, citing increased capacities to serve local demand and the industry’s depressed profits more than a year into the pa...