Cement News tagged under: trading
Chinese economy blamed for cement trade problems02 February 2004, Published under Cement NewsChina’s booming economy is claimed as responsible for the loss of 2Mt of Thai cement exports this year. It’s not the stronger baht, the artificially low Chinese yuan or the Chinese competing with Thai producers in cement. "China’s high growth has drawn in most ships and pushed up regional freight rates," said Chantana Sukumanont, senior vice president of Siam City Cement Plc, Thailand’s second largest cement producer. "The freight costs have doubled during the past few months, and the situat... |
Philippines’ DTI to reduce inspection period28 January 2004, Published under Cement NewsThe Department of Trade and Industry is contemplating on shortening the inspection period for imported cement to make it easier for imports to come in times of higher prices of locally produced cement. Trade and Industry Secretary Cesar V. Purisima issued the statement in light of the continued increases in the prices of cement. He said that by reducing the inspection period for imported cement, the supply of cement can easily be increased if prices of local cement are high. At present th... |
Portland imports raw materials from Egypt22 January 2004, Published under Cement NewsFollowing the closure of its major plant at Changalume in Zomba in 2002 reportedly due to dwindling limestone deposits, Portland Cement (1974) Limited is importing clinker, the crucial raw material for producing cement, from Egypt in North Africa. Portland Cement General Manager Anthony Rix confirmed the development in a written response to an inquiry that the price of clinker landed in Malawi will be competitive when all parties have worked on the logistical problems of using Nacala corrido... |
Philippine price check21 January 2004, Published under Cement NewsConsumer groups have urged cement firms located in areas where retail prices have reached as high as P150 per bag to publish their prevailing rates as well as price commitment until June this year to promote transparency in their businesses. Consumer and Oil Price Watch Chairman Raul T. Concepcion has proposed this in the light of the continued rise in cement prices. He noted that prices in Metro Manila have gone up P125 per 50-kilogram bag of cement compared to previous prices of P117 to ... |
DTI mulling further P5 cut19 January 2004, Published under Cement NewsThe Philippine Department of Trade and Industry (DTI) is contemplating on further slashing another P5 off the definitive safeguard duty imposed on all cement imports because of the continued increase in the prices of cement in the National Capital Region, as well as in the provinces. Trade Secretary Cesar Purisima told reporters that the government is considering another P5 cut on the P15.6 per 40-kilogram bag of imported cement after the DTI received reports that prices of cement in the pr... |