Cement and clinker price marker: Persian Gulf ÔÇô Arabian Sea and East Africa (April)
Cement and clinker FOB prices continue to drop in Persian Gulf ÔÇô Arabian Sea and East Africa
On a monthly basis, cement and clinker FOB prices fell slightly, according to the CW Research's April update to Persian Gulf ÔÇô Arabian Sea and East Africa Cement and Clinker price assessment. Cement FOB prices in Persian Gulf-Arabian Sea contracted 1.5 percent MoM, while FOB price for clinker declined by 1.0 percent MoM.
The monthly update shows East African CFR prices for cement increased by 1.0 percent in comparison with last month. ÔÇ£The import prices increase is a result of the surge in the freights seen in a worldwide perspectiveÔÇØ, explains Raluca Cercel, Consulting Analyst with the CW Group's European team.
The monthly report also includes shipping details for the region and the latest insights on trade in Saudi Arabia, Pakistan, as well as in Iran.
CW Research's leading role in the global cement and clinker sector forms the underpinning for the monthly price assessment. Price points are based on the analyst team's on-going discussions with cement traders, producers, exporters and other stakeholders in the business and reflect a synthesis of actual traded cargos.
The full monthly update is available as an annual subscription in individual or corporate license forms. For questions and orders, please contact Liviu Dinu, Market Services & Marketing Consultant, CW Group (Europe), at [email protected], or +40-744-67-44-11.
For more information or interview inquiries, please contact Luciana Murarasu, Marketing & Communications Coordinator, CW Group (Europe), at [email protected], or +40-748-91-84-50.
CW Research's Persian Gulf ÔÇô Arabian Sea and East Africa Cement and Clinker price assessment product is a monthly report providing timely updates on actual pricing for cargoes with prompt delivery (next 30-60 days). The unique product synthesizes key market information based on CW Research's analystsÔÇÖ interactions with market participants, including traders, exporters, buyers and other stakeholders involved in the cement trade.
The product covers three distinct monthly price reference points for bulk cargoes:
- Persian Gulf - Arabian Sea: cement FOB
- Persian Gulf - Arabian Sea: clinker FOB
- East Africa: cement CFR
The report is part of CW Research's ÔÇ£Cement and Clinker Price AssessmentÔÇØ product series providing regional insights for end-user centric pricing information for gray cement, clinker, and India petcoke CFR.