Cement News tagged under: price

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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...

Niger's Malbaza Cement prices cement at XOF90,000/t

16 January 2019, Published under Cement News

Niger-based Malbaza Cement, which started production recently, will sell its cement at XOF90,000/t (US$156.59/t), according to the company’s Deputy Director General, Idrissa Harouna. The XOF48bn cement plant produced its first cement on 28 December 2018 and directly employs 347 people.

DR Congo cement demand up 2% at end June 2018

14 December 2018, Published under Cement News

Cement production in the Democratic Republic of Congo (DRC) at the end of June reached 377,980t, according to the country’s statistics office. This compares with an output of 376,342t in the same period of 2017. Demand for cement in the DRC at the end of June rose 1.6 per cent YoY to 539,474t from 530,820t in 2017. Consumption is entirely being met by local production following a import ban. Any surplus of domestic output is exported to neighbouring countries. The price of cement in the ...

Cement prices fall 25% in Uganda

29 November 2018, Published under Cement News

Cement prices in Uganda have fallen 25 per cent in the last six months, dropping to UGX28,000/50kg bag (US$7.5/50kg bag) from UGX38,000/50kg bag. The drop in prices follows the recent boost in production capacity in the country, with a number of plant expansions and greenfield projects commissioned within the past year. As a result, the country's total cement capacity stands at 7Mta compared to a 2.4Mt demand. However, the country's largest producers, Hima and Tororo, have stated that pr...

Not out of the woods yet

21 May 2018, Published under Cement News

As India’s cement industry recovers from demonetisation, the October-December 2017 quarter brought new tests of strength. While demand showed unusually-high growth, increased fuel and raw material prices combined with muted growth forecasts took the shine off positive expectations for the year ahead. While Indian cement consumption saw an 11 per cent hike in the Oct-Dec 2017 quarter, the Indian cement sector is not out of the woods yet While the impact of the government’s dem...

Uganda cement prices rise due to cement shortage

06 April 2018, Published under Cement News

Cement prices in Uganda have increased by UGX5000-11,000 (US$1.35-2.98) within a month, sparking a country-wide crisis in the building sector, according to the Daily Monitor. Pader District, some 411km from the capital Kampala, reported the highest price at UGX50,000 for a 50kg bag of cement. The country’s two largest cement producers, Tororo Cement and Hima Cement, which supply 80 per cent of the domestic market, said the fall in output was attributable to a reduced power supply. ...

Industry sales in Pakistan grow by 4% in 1HFY18

05 March 2018, Published under Cement News

The profitability of the cement sector in Pakistan has contracted in the 1HFY18, falling 13 per cent YoY to PKR26.85bn (US$258.4m). This has been attributed to both an increase in the international coal prices and a lower cement retention cost. In the 1HFY18, industry sales grew by four per cent YoY to PKR134.03bn, while cement dispatches recorded a growth of 12 per cent to 19.6Mt. However, this did not result in the topline growth of the sector due to a lower retention price in the north...

Cement retails above government price in Côte d’Ivoire

09 February 2018, Published under Cement News

Cement currently retails at XOF5000 (US$9.32)/50kg bag in most stores in Abidjan, Côte d’Ivoire, according to Alerte info. The higher price, which contravenes the government-set price of XOF4500/bag, has been charged to customers since July 2017, reports the newspaper.