Cement News tagged under: cement price
South Korea's cement prices rise again04 August 2022, Published under Cement NewsCement 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 prices04 August 2022, Published under Cement NewsFrom 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 rise16 June 2022, Published under Cement NewsThe 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 prices25 March 2022, Published under Cement NewsTo 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 increase07 March 2022, Published under Cement NewsThe 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 hike02 March 2022, Published under Cement NewsThe 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 hike10 January 2022, Published under Cement NewsBuceco 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... |
South Korea's cement producers plan 18% price rise05 January 2022, Published under Cement NewsMajor cement manufacturers in South Korea will be implementing a further rise in wholesale prices as the construction industry in the Asian country gathers pace, according to Maeil Business Newspaper. This follows a 5.1 per cent price rise from KRW75,000 (US$62.63)/t in July 2021, the second rise in a year following a price freeze since 2014. Ssangyong C&E has decided to lift the price of its first-class bulk cement to KRW93,000/t from February, representing an 18 per cent hike when compare... |
Cement price stabilises in Lubumbashi22 October 2021, Published under Cement NewsThe price of grey cement in Lubumbashi, Democratic Republic of Congo, is stabilising at CDF15,000-16,000/bag (US$7.58-8.09), when compared with CDF20,000-25,000 in previous years, according to ACP, the Congolese press agency. The trend is due to an increase in domestic cement production from CARRILU and Grande Cimenterie du Katanga, which came online 10 months ago. In addition, the market supply is supplemented by imports from Zambia. |
Iran’s Mercantile Exchange sets up separate cement trade hall22 September 2021, Published under Cement NewsThe Iran Mercantile Exchange (IME) will set up a separate hall for cement trades from 25 September 2021, according to IME’s director for market operation. Following the announcement of the Ministry of Industry, Mining and Trade on banning the purchase and supply of cement outside the commodity exchange and determining the time for the presence of buyers and sellers of cement in the commodity exchange, the process of admission of cement companies and buyers to the exchange has accelerated. ... |