Cement News tagged under: price

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Higher freight costs and port congestion send clinker price up in Côte d’Ivoire

13 October 2021, Published under Cement News

In addition to the COVID-19 pandemic, the cement industry in Côte d’Ivoire has also faced unprecedented increases in the prices of sea freight, which has sent the price of clinker in the international market up by 80 per cent, according to Rachid Yousry, CEO of LafargeHolcim Côte d’Ivoire. Clinker has also become more expensive as a result of additional clinker storage costs due to congestion in the Autonomous Port of Abidjan. Unloading can take 25-30 days. To date the cement producer has...

Carthage Cement lowers cement price

15 September 2021, Published under Cement News

Tunisia-based Carthage Cement announced it will lower its wholesale prices for cement to TND150 (US$53.81) per 30t truck for two months. The decision will come into effect from 13 September 2021. The company said the step follows the advice of the National Chamber of Cement Producers after meeting with senior officials from the Ministries of Trade and Industry.

Pakistan cement producers looking at Afghanistan for coal

26 July 2021, Published under Cement News

Due to a spike in the price of coal imported from overseas countries, cement companies in Pakistan are considering the import of coal from Afghanistan. “Afghan coal is cheaper compared to the coal imported through sea links from other countries including South Africa,” said Taurus Securities analyst Mustajab Ali Kazmi. “Although the quality of Afghan coal is a bit inferior than the one imported from other countries, the companies resort to buying cheaper coal to increase margins.” However...

Cameroon’s Minister of Commerce threatens to shut down Cimencam plant

01 July 2021, Published under Cement News

Cameroon’s Minister of Commerce, Luc Mbarga Atangana has informed LafargeHolcim’s Cameroon subsidiary Cimencam it will shut down the cement plant if it proceeds to increase its prices unilaterally.   If the price increase goes ahead, Mr Mbarga Atangana has said that he will see himself “in the obligation to order the installation of seals on your installations.” Cement is a product that is subject to the preliminary price approval procedure.      

Salvadoran cement market expands 13% in 10M19

11 February 2020, Published under Cement News

Apparent cement consumption in El Salvador increased 12.8 per cent YoY to 1,184,956t in 10M19 from  to 1,050,846t in the first 10 months of 2018, according to Casalco, the country’s construction chamber. In October alone, apparent cement consumption surged 23.5 per cent to 104,989t from 85,017t in October 2018. Cement prices in October reached US$7.57/bag of 42.5kg at the factory gate while on a retail level this was US$8.37/bag, including VAT.

Sri Lankan cement price falls

16 December 2019, Published under Cement News

The price of cement produced in Sri Lanka declined due to the reduction of value-added and other taxes, reports the Colombo Gazette. State Minister of Internal Trade and Consumer Welfare, Anura Priyadarshana Yapa, said that the price of cement has decreased by LKR100 (US$0.55)/50kg bag. A 50-kg bag of cement is currently being sold for a price between LKR1050 and LKR1095 to. This includes a 15 per cent VAT and a two per cent NBT. According to the new tax amendments VAT is reduced to eigh...

Kazakhstan Portland cement output falls to 7.8Mt

06 November 2019, Published under Cement News

In the January-September 2019 period cement production in Kazakhstan has fallen by 2.5 per cent to 7.8Mt when compared with the 9M18, when output reached 8Mt, according to Kazakhstan Newsline. Cement prices increased 3.1 per cent to KZT23,300/t (US$59.96/t) in September 2019 from KZT22,600/t in September 2018. The average retail price of M400 cement rose 7.7 per cent YoY from KZT1300/50kg bag to KZT1400/bag over the same period.

Russia sees record cement prices in May

01 July 2019, Published under Cement News

In Russia the average selling price for cement in the domestic market in May 2019 reached RUB3730/t (US$56/t) and RUB3740 for cement with additives, according to the Russian Federal State Statistics Service. This is reportedly a record figure for cement prices. When compared to the previous month, the overall price growth rate stood at one per cent. Prices increased 4.9 per cent in the Far Eastern federal district (FD) but fell in the Southern FD.

No change for Senegal maximum cement prices

18 March 2019, Published under Cement News

The maximum cement price in Senegal will remain at previous year’s level, according to the country’s Ministry of Commerce. "Pursuant to the provisions of Article 43 of Law No. 94-63 of 22 August 1994 on price, competition and economic litigation, ceiling prices for ex-factory cement are set at prices previously applied as of 1 January 2018", indicated a decree sent to the Agence de Press Sénégalaise. The announcement follows a recent price increase by Sococim, which had lifted its price ...

Clinker largest import commodity in Côte d’Ivoire

15 March 2019, Published under Cement News

In 2018 clinker imports into Côte d’Ivoire edged up to 3.1Mt, from 3.03Mt in the previous year, making them the country’s largest import volume for the second-consecutive year, ahead of petroleum imports, acccording to the country’s Customs Department. The value of clinker imports advanced 9.7 per cent to XOF94.01bn (US$162.3m) when compared with XOF85.68bn in 2017. The maximum price of a 50kg bag of cement has been fixed by the country’s government at XOF4500, although shops in the capit...