Cement News tagged under: cement prices

RSS feed

Cement price rise concerns Philippine housing developers

22 January 2019, Published under Cement News

Housing developers in the Philippines have become alarmed at the sudden rise in cement prices in the last few weeks. The Organization of Socialized and Economic Housing Developers of the Philippines (OSHDP) and the Socialized Housing Alliance Roundtable Endeavour (SHARE), an association of non-government organisations (NGOs) engaged in housing development, reported that teh hikes in price of the commodity and shortages were of concern. Cement prices for 40kg bags jumped from PHP205 (US$3.87...

Indian cement dealers association requests price control

04 October 2018, Published under Cement News

The Kerala State Cement Dealers’ Welfare Association (KSCDWA) is expected to request that the government forms a regulatory committee with cement companies to moderate prices in the state. Until last month cement was available for INR355-360/50kg bag (US$4.81-4.88/50kg bag). However, this has now increased to INR395-440/50kg bag. In other states, the price remains at around INR310-360/50kg bag, according to the Deccan Chronicle. KSCDWA state secretary, Ellathodi Sirajudheen, commented t...

Zimbabwe's cement prices skyrocket

11 September 2018, Published under Cement News

Cement prices in Zimbabwe have hit a new high with 50kg bags being sold for US$20-25 on the black market compared to the authorised retail prices of US$11.50/bag for ordinary Portland cement and US$10/bag for masonry cement. A statement released by the Cement and Concrete Institute of Zimbabwe (CCIZ) last week indicated that the industry may not be able to cope with the rising demand, estimated at 30 per cent year-to-date since the same period last year, unless foreign currency shortages ...

Tanzania's Government says super-dealers must be kept in check

28 August 2018, Published under Cement News

Tanzania's Government has put out a strong message to the country's cement producers that their licenses will be revoked if they do not keep their super-dealer's price rises in check. Unwarranted price hikes are a feature of the market that the government is now seeking to stamp out. Mr Charles Mwiijage, trade and investment minister said, recent price hikes were the work of distributors who buy in bulk from super-dealers. The super-dealers are the middlemen who buy directly from the factor...

Cement prices rise in Tanzania as Twiga Cement suspends production

17 August 2018, Published under Cement News

Cement buyers in Tanzania are finding it difficult to buy adequate supplies of cement since Tanzania Portland Cement Ltd (Twiga Cement) suspended production on technical grounds. In July the price for a 50kg bag of cement was US$5.60 but is reported to have risen to US$8.70 (TZS TZS20,000, despite the fact Tanzania has 12 cement factories which produce approximately 7.1Mta. Cement buyers are reported to be turning to Kenya for cheaper imports of cement, according to KTN News.

Tanzania government meets with stakeholders over cement prices

16 August 2018, Published under Cement News

The Tanzanian government called an emergency meeting with stakeholders in Dar es Salaam to discuss the rising cement prices and the lack of product availability in the country’s market, according to a report in The Citizen. The closed-door meeting was chaired by the Deputy Minister for Industries, Trade and Investment, Stella Manyanya, who wanted producers to explain why there was scarcity of cement in the market. "We conducted a quick survey in the market and established that cement i...

Cimerwa plant upgrade should see cement prices start to fall

25 July 2018, Published under Cement News

Cimerwa expects its cement plant upgrade to stabilise the domestic market after shortages sent the price of a bag of cement up nearly 50 per cent in recent months. Rwanda has resorted to importing cement from neighbouring countries such as Uganda and Tanzania to cover the shortages. Bheki Mthembu, CEO of Cimerwa, told Reuters the company carried out maintenance and upgrade works on its plant in April and May, which had now been completed. The US$3.3m maintenance and upgrade programme at Cim...

Northern players increase price by PKR10

19 July 2018, Published under Cement News

Pakistan cement industry players in the northern region are cautiously optimistic. The cement industry has seen bullish activity at the Pakistan Stock Exchange for the last two days on the back of news, which has been attributed to leading brokerage houses, that north-based cement producers have raised prices of cement by PKR10/bag (US$0.082), effective 18 July 2018. No further details were given to justify the increase. The northern zone represents around 80 per cent of the total produc...

Strike held in Mizoram against rising cement prices

13 July 2018, Published under Cement News

All Mizoram cement and iron rod dealers on Wednesday observed a daylong strike across the northeast Indian state to protest a hike in cement prices by three companies – Dalmia, Star and Topcem. The strike was called by the All Mizoram Cement and Iron Rod Dealers' Association (AMCIRDA) and was strictly observed in all parts of the state, said the association's Secretary, Henry Lalbiakzinga. The leader said the three cement companies have recently hiked the prices of cement in Mizoram from ...

Cahya Mata Sarawak defends its cement pricing

06 July 2018, Published under Cement News

In response to a motion moved by Pujut Assembly man Ting Tiong Choon, Cahya Mata Sarawak Bhd (CMS) says that it is incorrect to say the company has a monopoly over the production and sale of cement in Sarawak, Malaysia. CMS stated that contrary to the assertion made by Ting that since June 2016, one bag of 50kg cement is sold at MYR21.50 (US$5.32) in Sarawak, but at MYR17.30 (US$4.28) in Sabah, the true figure quoted by the Malaysian Department of Statistics is MYR20.37 for a 50kg bag of...