Cement News from International Cement Review
Colombian cement market expands 4% in 2022
Grey cement dispatches in Colombia slipped 1.1 per cent YoY to 1.122Mt in December 2022 from 1.135Mt in December 2021, according to the country’s statistics agency, DANE. Bagged cement sales in December 2021 were down by 2.9 per cent YoY but this was offset by a 2.9 per cent increase in bulk sales. The 12.5 per cent YoY increase to ready-mix cement companies was unable to offset the decline ...
Italy’s cement output declines 10% in November
Italian cement production fell by 10 per cent YoY in November 2022, according to the country’s construction chamber, Federbeton. When compared with the 2015 base index production the value declined from 102 in October to 85 in November. Cement prices in November 2022 increased MoM to 212 when compared with the base year of 2015 (=100). Federbeton also reported a 69 per cent increase when comp...
Petcoke prices rising on growing demand while coal is falling as supply increases
By Frank O. Brannvol, Brannvoll ApS, Denmark lAs China reopens, oil is finding support, seeing a recovery in oil prices to surpass the US$85 mark. The warm winter in Europe and lower gas prices are taking off the pressure for demand in the region. However, Russia’s discount is still in place for countries that do not sanction Russian gas supplies (China, India and Turkey). Meanwhile, coal...
- Energy demand drops, lowering oil, gas and coal prices with petcoke discounts back in neutral
- Cement exports nosedive in 1HFY22-23 in Pakistan
- EUA prices consolidate at higher level awaiting policy decisions
- EUA rising by end of year, driven by compliance and higher coal and gas prices
- Winter and sanctions lifts coal and gas in Europe – petcoke discounts attractive again as petcoke drops slightly