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Pakistan cement exports record positive trend in 3MFY21

19 October 2020, Published under Cement News

Pakistan's Federal Bureau of Statistics (FBS) released cement export data for July-September 2020 and September alone, which showed a positive trend on a cumulative YoY and MoM basis. Pakistan's cement industry earned US$72.29m of export revenue by exporting 2.197Mt of cement and clinker in the 3MFY20-21, compared to US$66.77m from 1.689Mt of exports in July-September 2019. Shipping represents an 8.3 per cent jump in dollar terms and a growth of 30.1 per cent in dispatches YoY.   ...

Cilas de Biskra exports 50,000t of clinker to Gabon

13 October 2020, Published under Cement News

Algeria-based cement producer Cilas de Biskra has exported a shipment of 50,000t of clinker from Annaba to Gabon, according to Hafid Ouchiche, export director of LafargeHolcim Algérie. It is the fourth export shipment to Africa by Cilas and since January, the company has exported 0.5Mt of clinker. However, there is a need to invest in the logistical development of the port of Annaba to increase its loading capacity from 10,000tpd to 18,000tpd and expand its storage capacity. Investment...

Vietnam sees exports rise 14% YoY

13 October 2020, Published under Cement News

In the first eight months of 2020, Vietnam exported more than 23.5Mt of cement and clinker, an increase of 13.7 per cent YoY. The biggest importers were China (12.6Mt), the Philippines (nearly 4.5Mt) and Bangladesh (1.7Mt). Some reports suggest that the current export cement prices are lower than the domestic cement rates, according to Vietnam News. However, insiders have disagreed with this and state that the export price should not be compared with selling prices in the local market ...

PT Semen Padang exports 25,000t to Australia

08 October 2020, Published under Cement News

PT Semen Padang exported 25,000t of cement to Australia. The cargo of OPC Type I Grade 52.5N cement was shipped in MV Luga from Teluk Bayur Padang Port on West Sumatra, according to Fifit Abriyanto, senior export sales manager for Semen Indonesia Group. In addition, the company also exported around 35,000t of clinker to Bangladesh in September, reported Bisnis. To support the optimisation of its plant operations, PT Semen Padang is targeting cement and clinker export sales of 1.58Mt in 2...

CeMAP seeks probe into Philcement product origin

05 October 2020, Published under Cement News

The Cement Manufacturers Association of the Philippines (CeMAP) confirms reports from 28 January, 2020, it brought to the attention of the Department of Trade and Industry (DTI) a possible case of non-compliance regarding Union V Super Strength 40, a cement brand of Philcement Corp. "This concern is in line with our commitment to work with all stakeholders in promoting consumer welfare and protection as part of our advocacy and for the safety and overall benefit of Filipino cement consume...

Mixed trends in export from Pakistan continued in 2MFY20

24 September 2020, Published under Cement News

According to Pakistan's Federal Bureau of Statistics (FBS) cement export data for July-August 2020 (2MFY20-21) showed a mix of trends. Pakistan's cement industry earned US$44.51m of export revenue by exporting 1.376Mt of cement and clinker in the 2MFY20-21, compared to US$42.14m from 1.064Mt of exports in July-August 2019. Therefore, shipping represents a 5.6 per cent jump in dollar terms and a growth of 29.35 per cent in quantity MoM. In local currency terms, the export value increased ...

Caribbean Cement may resume exports soon

18 September 2020, Published under Cement News

Jamaica-based Caribbean Cement Co Ltd is awaiting the right conditions to resume cement exports. The Rockfort plant has excess capacity, despite sustained local demand for cement even during the pandemic. "Export is something we will be considering, but it will always come behind the local market, which we prioritise," said General Manager, Yago Castro. "The good thing is that we have some production capacity surplus, so, eventually, if the local market allows us, then we can allocate diff...

DR Congo orders cement imports

16 September 2020, Published under Cement News

The Minister of Foreign Trade of the Democratic Republic of Congo, Jean Lucien Bussa, has ordered the import of 100,000t of cement from the Republic of Congo as domestic supply falls short of volumes needed, according to Desk Eco. “Following our discussions on 24 August 2020 in Brazzaville, Republic of Congo, I make it my duty to inform you that I have just authorised the import, into the Democratic Republic of the Congo, of 100,000 tonnes of grey cement from the Republic of Congo. This is...

Vietnam's cement sector sees exports rise on higher Chinese demand

11 September 2020, Published under Cement News

The Vietnam Cement Association (VNCA) shows that the 1H20 recorded a 12 per cent decrease in the industry’s consumption compared to the same period for the domestic consumption channel. The reason comes from the slowdown in construction activities. However, recently, cement demand has gradually recovered. Noticeably, the export volume maintained the growth rate thanks to the significant increase in demand from the Chinese market since the second quarter. The latest clinker and cement exporr...

Cement stocks have outperformed in PSX lately

10 September 2020, Published under Cement News

An analyst at Intermarket Securities Ltd has reported that cement stocks listed on the Pakistan Stock Exchange (PSX) have recently outperformed and the present bull-run in cement stocks – up 82 per cent since March 2020 – has been driven by many factors. That includes good pick-up in local demand led by the private sector, anticipated commencement of Naya Pakistan Housing Scheme and the recent announcement of Karachi Package by the government, and lower input costs amid a decline in internat...