Cement News tagged under: Trading
Vietnam produces 18.8Mt of cement24 August 2006, Published under Cement NewsThe nation’s cement industry produced 18.8Mt of cement in the first seven months of the year, said the Ministry of Construction. Domestic cement makers have a combined annual production capacity of 32Mt of cement, meeting 85 per cent of domestic demand, said the Vietnam Cement Association. The industry expected to be able to meet 100 per cent of local demand by the end of 2009. - VNS |
Rebate on cement exports may be allowed, Pakistan22 August 2006, Published under Cement NewsCement manufacturers have approached the government to allow rebate on cement export as prices in the country stabilised and rising demand is being met accordingly. According to sources close to the industry, manufacturers are expecting the government would allow rebate or duty drawback on cement after prices stabilised in the country. Sources added the government would discuss this matter in the economic co-ordination committee meeting scheduled for this week. The government had allowed Rs... |
Pakistan exports more cement to Afghanistan21 August 2006, Published under Cement NewsCement exports to Afghanistan have reachedthe 190,000t mark in July, despite the withdrawal of an export rebate as a means of stabilising prices in the local market, official sources said. The All Pakistan Cement Manufacturers Association (APCMA) had raised serious concerns over the withdrawal of the rebate a few months ago, arguing that Pakistan would lose its hard-won export market in Afghanistan to India or Central Asian republics, but sources say the current export trend negates thei... |
Belarus to cut cement exports21 August 2006, Published under Cement NewsBelarusian cement plants plan to reduce exports by 26,000t in order to cut the deficit on the domestic market, First Deputy Architecture and Construction Minister Leonid Sokolovsky told a news conference on Friday. The Architecture and Construction Ministry and the Trade Ministry agreed to increase cement supplies to the domestic market by 10,500 tonnes in August and 16,000 tonnes in September. “Starting August 17 cement plants provide 12 rail cars of cement every day, and the deficit w... |
SCCC to increase prices?14 August 2006, Published under Cement NewsSiam City’s Executive vice president for marketing and sales Chantana Sukumanont said the company wants to increase its cement prices Bt300 per tonne, which is still under the ceiling allowed by the government. But she emphasised that the company would increase prices gradually. The price of cement is currently around Bt1,900 per tonne, with the government declaring a maximum price of Bt2,200 per tonne. However, SCCC cannot increase its prices suddenly, because of the high competition in t... |
Higher imports required in Jamaica11 August 2006, Published under Cement NewsThe Hardware Merchants Association (HMA) has added its voice to that of the Incorporated Master Builders Association in calling for urgent measures to ease the cement shortage baffecting the island. President of the Hardware Merchants Association, Errol Salkey, says his association had warned that the measures the government had put in place would only deal with the crisis in the short run. “In one of our last meetings there was some cost adjustment to the cement being imported from Cuba. T... |
Higher duty recommended on Southern Cross08 August 2006, Published under Cement NewsThe Intelligence Enforcement Group of the Philippinbe Bureau of Customs has recommended rejection of the valuation method used by Japanese firm Southern Cross Cement Corp. on shipments made last year that allegedly led to P24 million in forgone revenue, documents show. The Philippine Chamber of Commerce and Industry’s Industry Commodity Expert (PCCI-ICE) had complained that Southern Cross under-declared cargo and freight values on what authorities estimated at 46,000t of cement shipped from... |
Pakistan cement price01 August 2006, Published under Cement NewsAccepting the appeals of 18 cement factories, the Lahore High Court on Monday set aside a decision of the Monopoly Control Authority (MCA) to break the cartel and lower the price by Rs60 per bag. The court held that the MCA had no authority to control the prices of cement while it was mandated to act merely as a price regulator. |
Proposal for subsidy on clinker imports rejected, Pakistan31 July 2006, Published under Cement NewsThe Pakistan government is learned to have turned down a proposal of cement manufacturers to provide subsidy on import of clinker, at par with imported cement. Sources said that All Pakistan Cement Manufacturers Association (APCMA) had recently approached the government seek same subsidy on the import of clinker as on cement. Which they claim would further reduce cement prices in the market. But the government did not agree with the justification given in the proposal. The government is ... |
Imported Cuban cement – no price increase, Jamaica31 July 2006, Published under Cement NewsCement imported from Cuba will not attract the 15 per cent increase in price announced by the Caribbean Cement Company Limited a few weeks ago. The decision was taken at a meeting yesterday between Phillip Paulwell, the minister of industry, technology, energy and commerce, and the Caribbean Cement Company. "Under the new arrangement, cement imported from Cuba by the Government of Jamaica and distributed by the Caribbean Cement Company Limited will not be subject to the recently announced 1... |