Cement News tagged under: Trading
Ban on cement exports to hit cos with plants in west09 March 2007, Published under Cement NewsEven though exports constitute only 4% of the total cement production in the country, analysts believe that a ban on cement exports will adversely effect the demand-supply condition in the western region and hurt the bottomline of companies whose plants are predominantly situated in the west. The spectre of a ban on cement exports has been raised by industry and commerce minister Kamal Nath who on Wednesday said this was one of the options the goverment may consider to bring down cement ... |
Pakistan cement exports reach new hights in February ’0708 March 2007, Published under Cement NewsPakistan cement exports during February reached 320,000t, which was the highest-ever export for any single month. Figures released by the All-Pakistan Cement Manufacturers’ Association (APCMA) on Tuesday showed 108 per cent growth in cement exports compared with 1,50,000t exported in the comparable month last year. Over the eight-month period of the current fiscal (July-February), sale of cement in foreign markets registered an increase of 81 per cent to 1.77Mt, from 0.98Mt in the correspo... |
Cement export to India begins08 March 2007, Published under Cement NewsCement export to India has been started with 1500t cement exported by a leading cement manufacturer. According to the first capital research report, for the first time D G Khan Cement dispatched 1500t cement to India, as a sample, by sea route, at C&F price of around $90 per ton. The report said that this has also been proved by a bulk of inquiries from India to local cement manufacturers, received by Indian importers for the import of commodity. Head of first capital research, Muhammad ... |
Cement firms may not pass on the benefits27 February 2007, Published under Cement NewsThe rail Budget’s new mission target of transporting 200Mt of cement and steel by 2011-12 has been unanimously welcomed by the cement industry. Cement capacity is expected to cross 250Mt by 2011-12. Currently, 35 to 40% of cement is transported on rails. The government is now planning to take it up to 80% by targeting 200Mt. This will be done essentially by adding more wagons. Analysts say this will help cement players cut freight costs in the long-run - the cost of using roads is substant... |
Imported cement assures construction boom in Philippines’ Davao26 February 2007, Published under Cement NewsA looming construction boom in Southern Mindanao this summer, is expected to go unbothered by problems on the supply of cement, given the recent landing of some 14,000t from China. In fact, more than half of the shipment of the Conch cement brand imported by businessman Vic Lao is just awaiting the result of a laboratory test now being done at the Bureau of Product Standards in Manila. The other half had already been issued the corresponding clearances and is cleared for distribution... |
Imported cement awaits clearance, Philippines22 February 2007, Published under Cement NewsMore than half of the shipment of the Conch cement brand imported by businessman Vic Lao is awaiting result of laboratory test currently done at the Bureau of Product Standards in Manila. The other half already passed clearance and is cleared for distribution in the market. Department of Trade and Industry (DTI) director for Davao City Teolulo Pasawa in an interview said shipment of imported products has to be tested per bill of lading. Lao in a separate interview said his importation for ... |
Carib Cement doing swift business16 February 2007, Published under Cement NewsCaribbean Cement Company Limited is reporting that its operations have remained buoyant despite the decision by the Government last year to extend the reduction in the tariff on imported cement. Caribbean Cement’s General Manager Anthony Haynes says, among other things, the demand for locally produced cement has remained strong. Following a major shortage of cement last year followed by public outcry and warnings of a major decline in the construction industry, the Government hastily remove... |
Trade dep’t considers more cement imports, Philippines14 February 2007, Published under Cement NewsTrade Secretary Peter B. Favila said in a statement yesterday that the government is prepared to allow greater cement importation if cement manufacturers fail to explain the increases in the prices of cement in the past few weeks. Noting that the Trade department has been receiving reports of unabated increases in the price of this commodity, particularly in Northern Luzon, Mr. Favila said they would summon cement manufacturers again to explain the rising prices. It could not be the... |
Cement Exports through Jiangsu Ports Soar in January14 February 2007, Published under Cement NewsAccording to the statistics released by the Nanjing Customs, the volume of cement exported through Jiangsu Province’s ports totaled 1.057mt in January, with an export value of US$32.77m, up 46.2% and 56.7% year-on-year, respectively. The rapidly expanding domestic production capacity, robust international demand and high export value-added tax refund rate contributed to the upward trend of cement exports through the ports. |
Cement export up 66 per cent in July-January13 February 2007, Published under Cement NewsPakistan cement exports registered a 66 per cent increase during the first seven months of the current fiscal year due to its strong demand in neighbouring countries, industry sources said. Statistics revealed on Monday that Pakistan has exported 1.363Mt cement during seven months (July-January) of the current fiscal year against 0.822Mt during the same period last year, showing an upsurge of 0.541Mt. The north zone (Punjab and NWFP) exports have moved up by 14 per cent. Its exporter... |