Features Gray cement export price set to decline in 4Q2021 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email LATEST Markets & Competition Bamburi Cement faced 111 power outages last year Cement manufacturer faced various power outages due to April 26, 2024 Environment Shree Cement commits to 100% renewable energy by 2050 Shree Cement is pioneering sustainability in the cement April 26, 2024 MOST READ Environment Groundbreaking ceremony for Holcim's climate-neutral CO2 neutral plant to be functional in 4 April 22, 2024 Markets & Competition UltraTech Cement acquires grinding unit from India UltraTech Cement looking to bolster presence in April 22, 2024 Gray cement export price set to decline in 4Q2021 CW price index for gray cement exports is set to decrease by almost 2 percent in 4Q2021, when compared to the same quarter of the previous year, and it is estimated to decrease less than 2 percent when compared to the preceding quarter, according to the 4Q2021 update of CW Research's Global Cement Trade Price Report. In the two largest gray cement exporting regions, the Mediterranean Basin and Asia-Pacific-Japan, CW price index for gray cement is expected to decline in the fourth quarter of 2021, by 0.2 percent and by almost 1 percent quarter-on-quarter, respectively. ÔÇ£The global economy, which has seen a remarkable and quick recovery after the Covid-19 shock in 2020, regained robust growth throughout 2021, which reflected in rising cement prices and trade volumes. However, uncertainty about new Covid-19 variants, inflation pressure across key markets, escalating freight rates, and long delays in berthing at several ports have put a toll on cement prices growth at the end of the year,ÔÇØ assessed Carolina Pereira, Director at CW Group. CW price index in the Americas to decrease in 4Q2021 Cement export prices in North America and the Caribbean, on average, are estimated to decrease about 2 percent in the fourth quarter of 2021, compared to the previous quarter. Meanwhile, in South America, average cement export prices are likely to remain stable, slightly decreasing quarter-on-quarter by 0.3 percent. Turkey's cement export price increase in the 3Q2021 Turkey remained the world's largest gray cement exporter. In 3Q2021, Turkey exported 4.5 percent less cement in terms of volume, compared to the previous quarter, while prices increased over 19 percent year-on-year. In the third quarter of 2021, the region that accounted for the largest export volumes was the Mediterranean Basin, followed by Asia-Pacific-Japan. In both regions, cement trade volumes decreased quarter-on-quarter, down by about 2 percent. Global cement trade volumes decline in the third quarter Global gray cement exports volumes in the third quarter of 2021 decreased almost 2 percent quarter-on-quarter, while compared to the same quarter the previous year, they increased around 12 percent. In the Eastern Europe region, the third largest gray cement exporting region, an increase of more than 2 percent quarter-on-quarter was noted. Meanwhile, Western Europe's trade volume reduced by more than 4 percent over the previous quarter. The Global Cement Trade Price Report is CW Research's benchmark price assessment for monthly gray cement, white cement, clinker and granulated blast furnace slag prices and volumes. The 150+ page report, published on a quarterly basis, serves as the industry go-to source for monthly price data for over 70 individual markets worldwide, including multiple cornerstone data series: import, export, ex-works and market prices. Find out more about the report 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