Cement News tagged under: fuel prices

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Pakistan cement industry facing challenges

28 February 2019, Published under Cement News

A number of Pakistan cement companies have shown poor financial performance in 1HFY19, due to a combination of factors, including dwindling local demands and the rising cost of production. According to local media, the government has not only slashed Public Sector Development Programme (PSDP) spending, but private sector commercial and housing construction spending has also cooled, leading to lower cement sales, particularly in the northern zone. For northern players that export to Afghan...

ENERGY – OPEC consolidates oil while India shakes petcoke, coal high

20 December 2017, Published under Cement News

Prices at a glance Crude oil - bbl US$64.00 Coal API 4 - 1Q18 US$91.25 Coal API 4 - Cal2018 US$88.00 Petcoke USGC 4.5% 40HGI FOB US$82.00 USGC 4.5% 40HGI cf ARA US$100.50 USGC 6.5% 40HGI FOB US$72.50 USGC 6.5% 40HGI cf ARA US$91.00 In November the US dollar was supported by the US tax reform, which could see US firms repatriating profits. The lack of German government for...