Cement News tagged under: cement price

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Spain’s cement price sees record hike

27 October 2022, Published under Cement News

The price of cement in Spain hit a record high as it increased by 18 per cent in September, the highest increase since the historical series started in 2002, according to the country’s National Institute of Statistics (INE). In May the cement price increased by 14.3 per cent YoY and increases accelerated further in June to 16.5 per cent, followed by further increases in July and August, when the price saw a 16.8 per cent advance, noting new records. Prior to May, the largest increase in ce...

Cement price in Ziguinchor falls to XOF88,000

27 September 2022, Published under Cement News

The Regional Consumer Council (CRC) of Ziguinchor (South), Senegal, set the sale price of cement at XOF88,000 (US$129.81)/t following a meeting with stakeholders. A bag of cement will be sold at XOF4400/t. The new price, which represents a XOF2000 decrease, will be applied through the Ziguinchor region and first displayed in the various cement distribution locations, according to Ousmane Ka, head of the regional trade department.

Dzata Cement calls for raw material VAT waiver

06 September 2022, Published under Cement News

Ghana-based Dzata Cement has urged the government to grant waivers on VAT charged on cement raw materials. According to the Managing Director of Dzata Cement, Nana Phillip Archer, instability in the local currency had significantly pushed up cement producers’ operating costs and this would result in cement producers passing on the cost to consumers as higher cement prices. Nana Archer said the company also paid fumigation levy on its imports, whereas vessels that brought in the semi-fi...

South Korea's cement prices rise again

04 August 2022, Published under Cement News

Cement prices in South Korea will rise for a second time this year, leaving ready-mix concrete producers to find ways to lessen the impact, reports Korea JoongAng Daily. Sampyo Cement will increase the price of cement by 11.7 per cent to KRW105,000/t from September. Buyers of Hanil Cement ’s product will pay out 15 per cent more at KRW106,000/t. Sampyo Cement increased its prices by 19 per cent in February 2022, along with Sungshin Cement, SsangYong Construction and Engineering and Ha...

Cimtogo increases delivery prices

04 August 2022, Published under Cement News

From August, HeidelbergCement -owned Cimtogo will increase its delivery costs. "The commercial management has decided to revise upwards the delivery prices of our products throughout the territory in order to ensure the continuity of your activity in the best conditions", informs the note signed by the main directors of Cimtogo. The company will increase its distribution cost tariffs by 15 per cent at the Lomé and Kara plants from 1 August, said the company in a memo. The main reason ...

Ghana sees cement price rise

16 June 2022, Published under Cement News

The price of a 50kg bag of cement in Ghana is to increase by more than GHS5 to reach GHS66 (US$8.30) from 15 June 2022. According to JoyBusiness, the country’s cement producers are hoping this will offset some of the costs of transporting the cement to other parts of Ghana. This comes on the back of a rise in production costs due not only to the increase in fuel prices affecting transportation costs, but also a recent depreciation of the Ghanaian Cedi. These challenges have been further c...

Benin government fixes new retail prices

25 March 2022, Published under Cement News

To avoid significant market speculation around the price of cement, the Benin government set the retail price of cement by department on 23 March 2022. The price of cement is capped at XOF74,000/t (US$123.94/t) in Porto-Novo and Ouémé- Plateau, XOF75,000/t in Cotonou and Atlantique-Littoral and XOF77,000/t in Comè and Mono-Couffo. In Parakou/Borgou and Djougou/Donga the maximum price for a tonne of cement is XOF82,000 while in Natitingo/Atacora and Kandi in Alibori the price is set at XOF8...

Honduras sees cement price increase

07 March 2022, Published under Cement News

The price of bag of cement in Honduras has edged up HNL10 in the last few days, making civil works and access to housing for the local population more expensive, according to La Tribuna. A 46kg bag of cement now costs HNL210, up from HNL200 last month, in the capital Tegucigalpa’s shops, said Silvio Larios, executive director of the Honduran construction chamber, CHICO.

Mali sees 10% cement price hike

02 March 2022, Published under Cement News

The price of cement in Mali has increased by 10 per cent from XOF100,000 (US$170.59) to XOF110,000/t in the past week. Traders have attributed the price rise to the embargo imposed on Mali by ECOWAS through the closure of borders, according to Mali Actu.

Burundi authorities request consultation in Buceco price hike

10 January 2022, Published under Cement News

Buceco has raised its price for a bag of cement from 1 January 2022, informing all its approved sales agents that prices per 50kg bag would be increased from BIF24,500 (US$12.21) to BIF27,500 for 32.5R cement and from BIF30,000 to B-F33,000 for 42.5R cement. However, Burundi’s Ministry of Commerce, Industry and Tourism has asked the cement producer to suspend the application of the price rise, which it considers unilateral and detrimental to local consumers. The Ministry of Trade has asked...