In the Mediterranean Basin region, FOB prices for prompt deliveries of bulk ordinary Portland cement and clinker registered a slim contraction when compared to the previous month, according to CW Research’s February update of Mediterranean Basin cement and clinker prompt delivery cargo price assessment.
Commenting on the price development, Ana Almeida, Analyst with the CW Group’s European team, noted: "In the Med Basin region, cement and clinker producers are facing strong competition, mainly in the North African region. However, sporadic shortages in some countries can be seen as opportunities in the next months."
CW Research’s February update to Mediterranean Basin Cement and Clinker price assessment report covers the latest happenings in the region’s trading situation.
Moreover, the monthly report also includes details about shipping indices of dry bulk tendency and its reasons as well as the latest trend in the bunker oil futures.
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.