Cement News tagged under: exports

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Pakistan cement sector growth rises 5.2% in FY13

20 January 2014, Published under Cement News

Pakistan’s central bank reported growth in the domestic cement sector in FY13 of 5.2 per cent compared to 2.9 per cent the year before. The annual report released last week by the State Bank of Pakistan shows that total growth in large-scale manufacturing recovered from just 1.1 per cent in FY12 to 4.4 per cent in FY13 – the highest rate in the past five years. Officials attributed the growth in the cement and construction industry to stability in building materials prices, a higher all...

Iran exports rise 36.2% in first nine months

13 January 2014, Published under Cement News

Iran exported 14.425Mt of cement and clinker in the first nine months of the current Iranian calendar year, representing a rise of 36.2 per cent YoY. Total exports comprised 11.164Mt of cement and 3.261Mt of clinker, Abdolreza Sheikhan,secretary of the union of cement industry employers, revealed. For the full-year, Iran plans to export 12Mt. The country also plans to increase cement output to 85Mt by the end of next year, according to report. In August, former Iranian Industry, Min...

Pakistan exports fall in 5MFY13

07 January 2014, Published under Cement News

During the first five months of FY13-14, Pakistan exported 3.749Mt of cement on foreign exchange revenues of US$225.30m, down 0.44 and 8.03 per cent YoY in terms of volume and value, respectively. However, on a more positive note, in local currency terms, Pakistan producers and exporters saw growth of 0.93 per cent to PKR23.48bn. The average price fell 7.63 per cent to 7.63 per cent to US$60.09/t from US$65.05/t in the same five months of the previous fiscal. According to Pakistan’s B...

Pakistan first-half cement sales edge ahead

06 January 2014, Published under Cement News

Pakistan’s cement sales in the first half of fiscal FY14 edged ahead by 1.8 per cent with a long-awaited pick-up in exports recorded in December, latest data from industry association APCMA shows. Overall sales increased by 3.8 per cent in 2013 with domestic sales increasing to 2.33Mt from 2.24Mt in the same month of the year before. After declining for the first five months of FY14, exports increased to 625,000t in December 2013 against 580,000t in December 2012, resulting in YoY grow...

Pakistani cement exports to India down 11%

27 December 2013, Published under Cement News

Pakistan’s cement exports to India posted a fall of 11 per cent during Jul-Nov of this fiscal year compared to the same period last fiscal year, according to the Pakistani Business Recorder. Industry sources said non-tariff barriers are hampering cement export to India, which fell from 183,400t to 163,500t over the five months.  Pakistan’s overall cement exports fell by three per cent to 3.5Mt. Currently, the country’s cement producers export around 25 per cent of total production.

Bangladesh awaits more funds

23 December 2013, Published under Cement News

Bangladesh’s has a fragmented cement sector with a multitude of independent grinding units, making it one of the most competitive markets in the world. It has no abundant, natural-lying domestic limestone reserves, but there is a wealth of opportunity for cement and clinker importers to establish grinding plants near the main population areas. Bangladesh’s low-lying coastal regions and settlements on river banks are prone to severe flooding as occured in June 2012 Bangladesh ...

Jamaica close to concluding PetroCaribe supply deal

17 December 2013, Published under Cement News

The government of Jamaica is close to concluding a supply contract with Venezuela to use cement exports to meet some debt repayment obligations under the PetroCaribe agreement. Under the Trade Compensation Mechanism of the PetroCaribe energy cooperation agreement, Jamaica is allowed to settle a portion of its oil debt to Venezuela through the export of goods and/or services. According to a report by the Economic Intelligence Unit (EIU), the cement agreement would entail initial sales of 1...

Vietnam cement industry exports 14Mt

13 December 2013, Published under Cement News

Vietnam's cement exports are expected to reach nearly 14Mt in 2013, the highest level ever exported. According to the Industry and Trade newspaper, in the first 11 months of this year the country exported 12.5Mt of cement, a YoY rise of nearly 65 per cent. Southeast Asia and the Middle East are the two main markets for Vietnam's cement, while Malaysia and Indonesia are the nation's largest importers of cement in the southeast Asian region. Meanwhile, the country's domestic consumption of...

Thang Long delivers export shipment to Peru

05 December 2013, Published under Cement News

Thang Long Cement JSC has exported 30,000t of bulk cement to Peru, its first shipment to the country and largest consignment so far this year. Since May, the Vietnamese cement producer has exported 750,000t of cement in total, including 100,000t of OPC, Vietnam News Brief Service reported citing data from the government’s website. For the year to-date, Thang Long Cement’s total sales (domestic and exports) have reached 1.9Mt . The company is a joint venture between the state-run Vi...

Pakistan November dispatches decline, prices hold firm

05 December 2013, Published under Cement News

Pakistan cement dispatches in November fell six per cent compared to the previous month but cement prices have risen by four per cent since the start of the current fiscal. Preliminary data shows that dispatches declined to 2.6Mt in November 2013 as the onset of winter hampers sales. However, on a YoY basis, sales were down by only two per cent. Domestic demand is expected to have reached 2Mt, down three per cent MoM but up by three per cent on an annual comparative basis. Exports, howeve...