Dangote defends price criticism
Dangote Cement has defended recent criticism of its cement prices saying they are in line with or lower than prices across the rest of the West African coast, reports The Punch....
Prices
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Italy’s cement supply declines 13% in May, but prices see 13% increase
Cement production in Italy fell by 13 per cent YoY in May 2023, according to the national construction chamber, Federbeton. When compared with the 2015 base index, the output va...
Sudden rise in Nigerian cement prices
Cement prices in Nigeria have risen suddenly, reportedly driven by high inflation that advanced to 22.4 per cent in May. In some markets, a 50kg bag of cement has increased in p...
Sri Lanka agrees maximum price for cement
Cement producers in Sri Lanka have reached an agreement with the country’s Minister of Trade, Nalin Fernando, to establish a maximum retail price for a 50kg bag of cement. Accor...
Cement prices in Italy see 27% rise in April
Cement production in Italy declined by 13 per cent YoY in April 2023 in addition to a nine per cent YoY drop in March, according to the country’s construction chamber, Federbeto...
Indian cement demand to rise 7-8% in FY24
Cement demand in India is expected to expand by 7-8 per cent YoY in FY23-24, according to ICRA, the India-based rating agency. Cement prices, meanwhile, are forecast to remain o...
Indian cement prices forecast to fall 1-3%
Cement prices in India are expected to fall by 1-3 per cent in the current fiscal year (April 2023-March 2024), after recording a four per cent compound annual growth rate (CAGR...
Sri Lanka's cement prices to fall
Sri Lanka’s cement prices are expected to fall by LKR300-500/50kg bag (US$1.03-1.72/50kg bag) of cement, following a recent appreciation of the rupee. A 50kg bag was retailing a...
Rising cement prices hit housebuilding in Nigeria
Rising cement prices in Nigeria are hampering housing development plans across the country. According to a survey by The Guardian, prices of building materials have soared by ov...
Indian cement prices to rise further in December
Cement prices in India are expected to rise by INR10-15/bag (US$0.12-0.18/bag) this month, according to a report by Emkay Global Financial Services Ltd. Since August this year, ...