Cement News tagged under: Trading

RSS feed

Four Kenyan producers opposed to review on clinker imports

06 April 2021, Published under Cement News

Four Kenyan cement manufacturers have requested for an urgent meeting with the national treasury over a proposal to review the Common External Tariff (CET) on imported clinker. The Kenya Association of Manufacturers (KAM) has proposed that CET on imported clinker be reviewed from the current 10 to 25 per cent on imported clinker or a complete ban of importation to protect local manufacturers. KAM argues that the move will promote the manufacturing sector and create jobs. However, Bambu...

Vietnam’s cement and clinker exports up 22%

06 April 2021, Published under Cement News

Cement and clinker exports increased by 22.5 per cent YoY to over 8Mt in the year up to 15 March 2021, according to the latest data from the General Department of Vietnam Customs. In terms of value, there was a 14 per cent YoY rise to US$295m. However, average prices dropped 6.7 per cent YoY to US$36.40/t. A drop in average cement and clinker prices in China led to a decline in Vietnamese prices from US$40/t to U$32-33/t since late 2020.

Cuban cement exports fall 40% in 2020

01 April 2021, Published under Cement News

Despite domestic shortages, Cuba exported 21,235t of cement at a value of US$1.04m in 2020, representing a 39.7 per cent drop YoY, according to Periodico Cubano. In 2019 the country exported 35,224t of cement with a value of US$1.885m – most of the product was shipped to Colombia.  In terms of export prices to Colombia, prices have been declining from US$53.50/t in 2019 to US$49/t. The Cuban national statistics office (ONEI) reported that the unit value of cement exports was US$38.70/t in ...

Ukrcement protests against FTA with Turkey

31 March 2021, Published under Cement News

Ukrcement wants to exclude the Urainian cement sector from the agreement on a free trade zone (FTA) with Turkey as cement is a commodity item that can be fully provided by domestic manufacturers. "The signing of an agreement on a free trade zone with Turkey for the cement industry poses a serious threat," said  Pavlo Kachur, head of the Ukrcement association. "We have transferred our position to the Ministry of Economy and the trade representative of Ukraine." Ukrecement is concer...

Cement export from Pakistan remains fragile in 8MFY21

18 March 2021, Published under Cement News

The Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-February 2021 and July 2020-January 2021 periods, respectively. It shows mixed trends. Export volumes increased during this period, but revenues declined in dollar terms, reflecting a dwindling global market for cement and clinker. Meanwhile, local output increased. Export Pakistan's cement industry earned US$183.19m of export revenue by delivering 5.469Mt of cement ...

PT Semen Padang announces export volumes

08 March 2021, Published under Cement News

Indonesia’s PT Semen Padang has announced its export volumes of cement and clinker in January and February 2021. The deliveries were made to the Maldives, Australia and Bangladesh. "From early January to mid-February 2021, the Semen Indonesia Group, through PT Semen Padang, has exported 333,532,391t of cement and clinker," said Rahman Kurniawan, sales manager. Cement and clinker exports have continued to increase, because shipments are still ongoing, he added. The company exported a...

Cement imports into Mexico from Turkey and China surge in 11M20

26 February 2021, Published under Cement News

Imports of cement into Mexico from Turkey and China increased by 88 and 150 per cent, respectively, in the January-November 2020 period, reports Market Data México. Turkey imported cement to the value of US$2m while China’s imports reached US$1m, the same value as Croatia and The Netherlands. However, the USA remains the largest cement importer with US$12m in the 11M20 although its imports into Mexico were down by 29 per cent YoY. Croatian cement imports into Mexico saw a drop of 35 per ...

Mexico's cement exports up 11% in 11M20

25 February 2021, Published under Cement News

Mexico's exports of cement advanced 11 per cent YoY in the 11M20, according to Market Data México. Exports rose from US$168m in the 11M19 to US$186m in the 11M20. The main destination for Mexican cement exports was the USA, which reported sales of US$141m, followed by Guatemala, which bought cement to a value of US$10m. Exports to Belize accounted for a further US$8m while Mexican cement producers sold cement to the value of US$5m.  When compared with the equivalent period of the previou...

Lebanon to allow cement imports by individuals

22 February 2021, Published under Cement News

Lebanon’s outgoing Minister of Industry, Imad Hoballah, indicated that the country would allow individuals to import cement to lower the price of cement. Cement prices have risen from LBP240,000/t (US$159.20/t) to LBP1.3m/t following the total closure of the country, including its cement plants, between 14 January-7 February. Imported cement must meet specific technical criteria and be cheaper than LBP240,000/t. However, no decisions have been made in terms of volumes as the ministry wants ...

Southern Cement ships 3Mt of cement through Ipswich

10 February 2021, Published under Cement News

Southern Cement has reached the 3Mt milestone as general cargo vessel MV Arklow Raider arrived from Bilbao into the port of Ipswich, UK, with 4600t of cement. The cement company started using the port in 2002. Dean Wessels, operations manager at Southern Cement, said: “We are delighted to reach the milestone of 3Mt of cement through our operation at Ipswich. We could not have achieved this without the commitment of our employees and business partners. Our relationship with ABP has allowed ...