Features Cement and clinker trade prices edge up in January 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email LATEST Markets & Competition FLSmidth Cement signs service pact with TITAN Group Expanding service agreement enhances cement industry May 02, 2024 Plant Expansions JK Cement expands Panna cement plant Panna plant expansion signals growth May 02, 2024 MOST READ Markets & Competition US cement market insights unveiled Explore the latest trends and figures in the US cement April 29, 2024 Environment Limak Çimento collabs with Sinoma to establish solar LMKDC makes partnership with Sinoma Overseas Development April 23, 2024 Cement and clinker trade prices edge up in January According to CW Research's Cement and Clinker Price Assessments for Mediterranean Basin and Persian Gulf, FOB prices for both commodities displayed a slight improvement in the first month of the year. In January 2019, in the Mediterranean Basin region, trade prices for both prompt deliveries of bulk ordinary Portland cement and of clinker recorded a slim increase when compared to December, with cement dispatches reaching between USD 39 and USD 41 per ton. "In the beginning of 2019, cement export prices in the region are slightly increasing as major market players try to cover hikes in production costs. Currency depreciation is also bringing some pressure to cement pricesÔÇØ, notes Ana Almeida, CW Group's Analyst. In Spain, cement demand recorded a double-digit growth rate between November 2017 and October last year, having topped 13 million tons. Despite 19 consecutive months of positive movements in cement consumption, Spanish cement sales and exports remain well below those recorded before the crisis. Pakistani producers struggle with unfair competition In January, in the Persian Gulf and Arabian Sea region, trade prices for prompt deliveries of bulk ordinary grade clinker edged up. Even though FOB prices for cement dispatches remained flat in January, reaching between USD 34 and USD 36 per ton, a slow and shy recovery is taking place. "Cement prices are slightly recovering in the beginning of the year for exporters in the region, with inflation and higher production costs underpinning the upward trendÔÇØ, observes Almeida. In Pakistan, cement producers are complaining about cement imports. Local players argue that incoming products are below standards and cheaper, which creates a situation of unfair competition, since Pakistani manufacturers are subject to strict regulations. As such, cement producers demand a tighter border control and ask the government to relax its excise duty on the sector. 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