Cement News tagged under: cement price

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Ugandan President opens new Simba grinding plant

29 August 2018, Published under Cement News

Uganda's President, Yower Museveni, has opened the Tororo grinding plant of Simba Cement and during the opening the owners of the factory announced that they would produce the lowest-priced cement in the country. Plant Manager, Guru Narendra Ravel, said the 50kg bags of cement produced at the Tororo plant would be sold at UGX25,000 (US$6.64), well below the average price of UGX32,000 (US$8.50). Simba Cement, part of National Cement Kenya Ltd, is the second of three cement plants that wil...

Coal delay sends NOCIBE cement price high

12 April 2018, Published under Cement News

The ex-works price of cement leaving the Adja-Ouèrè plant of Nouvelle Cimenterie du Bénin (NOCIBE) has jumped from XOF61,880/t (US$116.69/t) to XOF73.780/t, according to Agence Benin Presse. The organisation has attributed the spike to a key coal cargo being held up in the port of Cotonou. The coal is due to be transported to the NOCIBE plant for use in clinker production.

Cement price surge in Nampula

26 February 2018, Published under Cement News

The price of cement in Nampula, northeastern Mozambique, has soared since the start of the year despite the existence of two cement plants in the port of Nacala, 200km to the west. At the end of 2017 the cement price reached MZN435-470 (US$7.30-7.80) per 50kg bag but by 23 February, this had risen to MZN570-610/bag. Demand in the northern provinces  has boomed and the two cement plants cannot supply the entire market requirement, according to the Mozambique News Agency. Nampula Provincia...

Indian cement prices to increase by January

20 December 2017, Published under Cement News

Cement prices in India are expected to increase by INR3-4/bag by mid-January as the government has decided to hike the import duty on petcoke from the current 2.5 to 10 per cent. The rise in duty is expected to increase production costs by INR50-60/t and sector analysts predict the increase will be passed on to customers. "In case they are not passing it on, their EBITDA is likely to get affected and under the current scenario, no company will wish for it", an analyst with stockbrokin...

Kazakhstan cement price rises 6%

24 November 2017, Published under Cement News

In October Kazakhstan the average price of a 50kg bag of M400 cement reached KZT1252 (US$3.79), a 0.3 per cent MoM rise and an increase of 5.7 per cent when compared with the year-ago period. By comparison, the annual inflation rate in the country was 7.7 per cent. The highest prices for cement in Kazakh key cities were reported in Uralsk (KZT1609/bag, +12.5 per cent YoY) and Atyrau (KZT1525/bag, +14.2 per cent YoY), while the lowest cement prices were paid in Almaty (KZT1020/bag, -13% per...

Malawi producers increase cement prices

01 November 2017, Published under Cement News

Imported clinker and use of diesel engines to power cement production lines are causing cement manufacturers in Malawi to raise cement prices. A 50kg bag of cement was selling at MKW6600 (US$9.11) a month ago, but now ranges between MKW9000- MKW10,000 (US$12.4-13.8) in Blantyre, representing a 60 per cent price increase. With cement production halted, there is little construction work taking place. Cement manufacturers say the situation is unlikely to change until February 2018. The ...

Building materials price rise sees 8% reduction in Mexican public works

16 October 2017, Published under Cement News

The increase in prices of building materials including cement is leading to a reduction of at least eight per cent in infrastructure works planned by Mexico’s Infrastructure Secretariat for next year, according to Ricardo Martînez Terrazas of the Secretriat. However, he said it has a minor impact as it mainly affects the construction of roads with hydraulic cement. “It is only a minor impact on road infrastructure as the key input is asphalt and we have not had any important increases, but...

Floods and sand shortages force cement price cut in northern India

15 September 2017, Published under Cement News

Cement producers in northern India are forced to cut cement prices by INR2-3 (US$0.01-0.03)/50kg bag every week due to lower demand, particularly in flood-prone states such Uttar Pradesh, Bihar and West Bengal as an acute sand shortage hits the market. Due to floods, sand recovery is not possible and in Uttar Pradesh, sand mining is completely banned, according to one official quoted in My Digital FC. In addition, the heavy rains in eastern Uttar Pradesh, Bihar and West Bengal have impact...

Cuban cement market sees 47% cement price hike

25 August 2017, Published under Cement News

Cement prices have increased 47 per cent from CUP112 (US$4.23)/42.5kg bag of P350 cement to CUP165. Lower-quality cement has seen its price jump from CUP89/bag to CUP109.20. Cuba’s cement industry is operating at only 58 per cent of its installed capacity due to logistic and power supply issues, according to Esmerk Latin American News. 

Paraguay: INC reduces cement price as output increases

08 August 2017, Published under Cement News

Paraguay-based Industria Nacional del Cemento (INC) has reduced cement prices to PYG36,500/bag from PYG39,800/bag - the third price reduction in the past four years. Production costs at the Vallemi plant are falling. The switch from fuel oil to petcoke has enabled the company to save US$20m. In addition, cement production increased to 180tpd from 80tpd during the same time frame. “From 1 January to Friday, 4 July 2017, 7246,884 bags were dispatched,” according to INC.