FCCC lowers cement prices in Fiji
As part of a review of cement prices in the country, the Fijian Competition and Consumer Commission (FCCC) has announced a lowering of ex-factory cement prices in Fiji. General-...
Cement Prices
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Cement dispatches are likely to rebound in August 2023
While Pakistani cement dispatch data for August 2023 is yet to be released by All Pakistan Cement Manufacturers (APCMA), Topline Securities has forecast that local cement dispat...
Higher power prices send cement prices up in Pakistan
Construction costs in Pakistan are expected to rise due to a hike in industrial electricity tariffs, effective from 1 July 2023. As agreed with the IMF under its US$3bn standby ...
France leads European construction slowdown
Financial analysts CIC-Market Solutions (CMS) forecasts a decline in European construction activity, especially in France where new property builds are expected to dip. "The pro...
Sri Lanka raises import tax on cement
The Sri Lankan government has increased the import tax (CESS) on imported cement. With effect from 17 June 2023, the import tax on 1kg of artificially coloured or uncoloured cem...
Sri Lankan government urged to reduce bagged cement prices
Sri Lankan cement customers are urging the government to make cement bag prices reasonable, given the appreciation of the local currency after the economic crisis in the country...
Brazil bets on housing to revive the market
The outlook for Brazil's cement market remains uncertain following weak first quarter volumes, with demand falling 1.1 per cent to 14.6Mt over the firhst three months. This foll...
Saudi cement companies fined for price manipulation
Saudi Arabia’s General Authority for Competition (GAC) has fined 14 cement companies a total of SAR140m (US$37.33m) for price manipulation activities. Each company has been foun...
Indian cement volumes forecast to rise 6% in 4QFY22-23
India’s cement sector is expected to see growth in the 4QFY22-23 of around six per cent YoY and 13 per cent QoQ, according to a new report by Antique Stock Broking Ltd (ABS). In...
German cement prices rise again
The German statistical office (Statistisches Bundesamt) has published the price index for manufactured goods where cement prices were up by 51.7 per cent in February 2022 YoY, a...