Cement News tagged under: cement price

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Dangote announces price rise, starts coal mining in November

01 September 2016, Published under Cement News

Dangote Cement's sales growth remains robust with Nigerian vollumes up 15 per cent in July and August. However, in the current quarter, the company has seen disruption to the gas supply, its preferred fuel in Nigeria. This has led to a substantial hike in its fuel costs as the company increasingly relies on LPFO and, to a lesser extent, on coal as prices for these alternatives are up to three times higher. The significant devaluation of the naira against the US dollar has also contributed to...

India: reason for optimism?

17 August 2016, Published under Cement News

The first quarter of 2016 provided some basis for optimism for India’s cement producers as the sector reported double-digit expansion. However, in the months ahead, the monsoon season and the perennial overcapacity of the industry continue to haunt profitability. The amendment of The Mines and Minerals (Development and Regulation) Act is expected to facilitate M&A in the cement sector The first quarter of 2016 has seen India’s cement industry make a positive start to the year...

DR Congo: cement prices continue to rise in Kinshasa

16 August 2016, Published under Cement News

The cement price in Kinshasa, DR of Congo, continues to climb. At present the retail price of a 50kg bag of cement stands at CFD17,000 (US$17.90) with retailers saying they are charged US$12.50/bag by wholesalers of Cimenterie de Lukala (CILU).

Cement price in DR Congo falls 33%

03 August 2016, Published under Cement News

Although recent weeks have seen cement prices in the port of Matadi, Democratic Republic of Congo spiral up to CDF15,000 (US$15.28)/50kg bag, they have now returned to more sustainable levels of CDF10,000-11,000. The decrease is due to the arrival in Matadi of several cement trucks that were halted at the Angolan following the decision by Congo’s government to stop cement imports. Following protests, the Central Congo governor authorised the entry of the trucks. Before the import stop,...

Dem Rep Congo: cement price jumps 50%

19 July 2016, Published under Cement News

Despite assurances to the contrary by the country’s economics minister, Modest Bahai, following the suspension of cement imports in the Democratic Republic of Congo less than a week ago, the price of cement has rocketed. In the capital, Kinshasa, the price of a 50kg bag of cement has jumped from CDF10,000 (US$10.37) to CDF15,000. Various sources, including the national SME commission of the Federation of Enterprises of Congo (FEC)  have criticised the decision to cease imports as the ...

Paraguay: INC expects price fall in 1Q17

08 July 2016, Published under Cement News

Paraguay’s Industria Nacional del Cemento (INC) forecasts a fall in cement prices at the start of 2017 as the cement producer brings online its new cement mill and the fuel conversion of the kiln is completed. An improved quality, quantity and lower production cost will be the benefits of the recent upgrade of the company’s cement works, says Jorge Méndez Cuevas, CEO of INC. The completion of the project will also enable the company to raise output to 80,000 bags per day, he added. The c...

Tunisia: petcoke shortage risks near-doubling cement price

13 May 2016, Published under Cement News

Tunisia’s Industry Ministry is looking into to alternatives to alleviate the petcoke shortage in the country. Importing petcoke is proving to be difficult as El Fouledh port, temporarily tasked with importing the fuel, is not able to receive the ships and volumes required for the cement industry. At present, works at the port of Ciment de Bizerte prevent petcoke imports at that location. The petcoke shortage risks the closure of several cement plants in Tunisia unless they can successfully...

Can China bounce back?

28 April 2016, Published under Cement News

Ahead of the 17th China International Cement Industry Exhibition, which is due to take place in Nanjing, China, on 12-14 May 2016, this article presents an update on important recent developments in terms of domestic cement consumption trends and the pricing environment. Efforts to cut excessive capacity and promote industry consolidation also remain central themes. By Addison Dai, DBS Vickers, Hong Kong. Nanjing will be the setting for the 17th China International Cement Industry Ex...

Honduras: 5.2% YoY rise in cement price in December 2015

07 March 2016, Published under Cement News

The price of a 42.5kg bag of cement increased to HNL183 (US$8.09) in December 2015, up 5.2 per cent from HNL174 in December 2014, according to the Honduran Chamber of Construction (Chico). However, the price varies between HNL186-188 in the hardware stores of the capital and over HNL190 in other cities, mainly due to differences in transport costs. The latest rise is part of a longer-term trend is advancing cement prices in the country. In December 2011 the price of a 42.5kg bag stood at...

Dem Rep Congo: cement price falls 15% in Kinshasa

02 March 2016, Published under Cement News

The price of a bag of grey cement in Kinshasa, Democratic Republic of Congo, has fallen from CDF12,500 (US$13.54) at the start of the year to CDF10,500 at the end of February, representing a fall of 15 per cent. The decrease in price has been attributed to the supply of Chinese cement imports.