Features Cement and clinker trade prices decline in November 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email LATEST Markets & Competition CalPortland joins Slag Cement Association Advancing sustainable concrete solutions in the May 08, 2024 Financial Birla Corp shares Q4 FY24 performance The company's cement sales volume increased by 9.4 May 08, 2024 MOST READ Equipment Continental Cement unveiled new DomeSilo at Davenport Enhancing cement storage with Dome April 30, 2024 Environment Prometheus Materials produces cement with algae Startup innovates zero-carbon May 06, 2024 Cement and clinker trade prices decline in November According to CW Research's Cement and Clinker Price Assessments for Med Basin and Persian Gulf, FOB prices for cement and clinker slipped in both regions in November. Over the month, in the Mediterranean Basin region, trade prices for both prompt deliveries of bulk ordinary Portland cement and clinker contracted when compared to October, with cement dispatches reaching between USD 39 and USD 41 per ton. "The North African markets are showing strong production levels as part of the plans of the last years. However, as a consequence, some key markets are suffering from oversupply due to high competitionÔÇØ, assesses Ana Almeida, CW Group's analyst. In Egypt, cement companies are facing overcapacity, following large investments in capacity in the last years. However, producers have not been able to operate their plants at full capacity due to the strong competition and weakening exports. Pakistani manufacturers targeting new markets In November, in the Persian Gulf and Arabian Sea region, FOB prices for bulk ordinary Portland cement and for prompt deliveries of bulk ordinary grade clinker also declined on a monthly basis, with cement dispatches reaching between USD 34 and USD 36 per ton. Ana Almeida, analyst with CW Group, observes: "A few major players are focusing on targeting new markets in the coming year in order to keep up with their production quotas." In Pakistan, cement manufacturers intend to strengthen their export revenue in the coming years. The plan is to focus on key global markets whose production is insufficient to meet domestic demand, such as Eastern Africa, thus making them privileged candidates for importing Pakistani cement. Uncover more cement and clinker pricing trends here Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline