Cement News tagged under: Trading
Another busy export year for Pakistan’s cement industry21 July 2021, Published under Cement NewsThe Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for the just-concluded FY20-21 (July 2020-June 2021). Both value and quantity of exports rose in this period when compared with the equivalent months in FY19-20. Pakistan's cement industry in 12MFY20-21 earned US$267.91m of export revenue by dispatching 7.815Mt of cement and clinker overseas, compared to US$259.44m from 7.11Mt of exports in the year-ago period. The export figures represent a noticea... |
Vietnam considers higher cement export tariff20 July 2021, Published under Cement NewsVietnam’s Ministry of Finance (MoF) has reportedly proposed that the government consider increasing the export tariffs for clinker to 10 per cent from five per cent, according to Vietnam News. The MoF explained that exports of cement and clinker are not sustainable as their production uses non-renewable sources. Cement and clinker producers in Vietnam are also making use of a low electricity tariff. |
Bangladesh cement export revenue fall19 July 2021, Published under Cement NewsBangladesh's cement industry has earned export revenue of US$7.26m in the last fiscal year (July 2020-June 2021), compared to US$9.14m in the year-ago period, a fall of 20.6 per cent YoY. The figure also includes a minor amount of salt, stone and related products, according to the Bangladesh Export Promotion Bureau (EPB) data. Bangladesh exports 90 per cent of its cement to India. An increase in local consumption and high cost of exports attributed to lesser export, a research house... |
Spanish cement exports increase 36% YoY in June15 July 2021, Published under Cement NewsSpanish cement exports have seen growth slow to 35.9 per cent YoY to 3.8Mt in the first half of 2021, down from 38.2 per cent in the 5M21, according to Spanish cement association, Oficemen. In June 2021 alone the country exported 684,266t of cement, representing a YoY advance of 23.5 per cent. "Although we celebrate the recovery of exports, after the drop below 6Mt in 2020, the truth is that, in our opinion, the instability of international markets due to the incidence of the pandemic cont... |
ADY Express starts exporting cement to Georgia14 July 2021, Published under Cement NewsADY Express LLC, a subsidiary of Azerbaijan Railways, has started transporting cement produced by Holcim Azerbaijan OJSC to Georgia by rail. The cargo is loaded on semi-wagons provided by ADY Express LLC at the Garadagh station and delivered to the Caspi station in Georgia. The return journey is generally carried out in 6-7 days. ADY Express has allocated 50 wagons for the transportation of these goods, which are planned to be carried out four times a month. The company plans to e... |
Turkey sees 24% in exports in 4M2112 July 2021, Published under Cement NewsTurkey’s cement export values increased by 23.5 per cent to US$1.41bn in the January-April 2021 period when compared to the equivalent period in 2020, according to the Turkish Ministry of Trade. Exports to Georgia were up 2.3 per cent to US$13.1m in the four-month period. In April 2021 Turkey exported cement with a value over US$402.5m to global markets, representing an advance of 74 per cent YoY. |
Indonesian cement exports see 119% YoY rise in 5M2101 July 2021, Published under Cement NewsWhile cement exports from Indonesia decreased from 1.2Mt in March and April to 1Mt in May, the January-May 2021 volume saw a 119 per cent YoY rise to 5.69Mt, according to the Indonesian Cement Association (ASI). Around half of exports were shipped to Bangladesh while China accounted for an offtake of 740,531t, or 13 per cent, in the first five months of 2021. Taiwan, the Philippines and Australia each had a share of eight per cent of the total export volume. Sri Lanka has a three per ... |
Mozambique's cement price drop down to economics22 June 2021, Published under Cement NewsThe fall in the price of cement on the Mozambican market after the Chinese investment in a new factory, Dugongo Cimentos, in Matutuine district, was expected by the government, the Minister of Industry and Trade has told reporters. "We, as a government, know what we're doing," he said. "We have our regulations and we have a responsibility to the business sector and to the Mozambican people. We have been saying, with regard to cement and to other industries, that we have to assess th... |
Pakistan registers higher 11MFY21 export and 10MFY21 production21 June 2021, Published under Cement NewsThe Federal Bureau of Statistics (FBS) of Pakistan has released cement export and production data for the July 2020-May 2021 (11 months) and July 2020-April 2021 (10 months) periods, respectively. Both segments of cement post rising trends in export and local production. Export values and volumes increased during the 11MFY20-21 period, but the average export price remained weaker, reflecting a poor price market for cement and clinker. AHL Research reports that exports were climbing durin... |
Argos cement exports to the USA grow by 419%17 June 2021, Published under Cement NewsFor Argos, the Grupo Argos cement company, exports have been a key element in the process towards recuperation after the effects generated by COVID-19 and, in the first five months of the year, the cement company's exports to the USA grew by 419 per cent, from 26,000t to 135,000t. In the particular case of the USA, there has been a rebound in the demand for cement and it is estimated that this industry will grow by 2.2 per cent in 2021. It should be noted that the company has a competi... |