Cement consumption in Latin America continued to post strong figures in 2021, compared to the previous year, according to CW Research’s Cement Country Market Data.
Greenwich (CT), USA, February 8, 2022 – In December 2021, FOB prices for ordinary Portland cement in the Persian Gulf-Arabian Sea increased more than 1 percent, while clinker export prices increased almost 2 percent, on a month-on-month basis, according to CW Research's Cement and Clinker Price Assessment for Med Basin and Persian Gulf-Arabian Sea & East Africa.
Ex-works cement prices in the fourth quarter of 2021, are forecast to range on a yearly basis, from a decrease of almost 6 percent in the Middle East to an increase of about 11 percent in the Mediterranean Basin, according to the 4Q2021 update of CW Research’s Global Cement Trade Price Report.
Cement export prices in November continued on an upward trend in the Mediterranean Basin, supported by robust volumes from Egypt and Algeria, despite a decline in other key markets, according to CW Research's Cement and Clinker Price Assessment for Med Basin and Persian Gulf-Arabian Sea & East Africa.
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.