In September, FOB prices for bulk ordinary Portland cement and for prompt deliveries of bulk ordinary grade clinker rose in the Persian Gulf and Arabian Sea region.
In the same period, East African CFR prices for bagged cement contracted compared to August.
Ana Almeida, CW Group’s analyst, notes: "In the Persian Gulf-Arabian Sea region, export prices are increasing on the back of the activities after the summer season. However, competition between regional players has become tougher."
CW Research’s September update to the Persian Gulf – Arabian Sea and East Africa Cement and Clinker price assessment report covers the latest news in the region’s trading situation.
The monthly report also includes details about shipping indices for dry bulk trends and its reasons, as well as the latest developments 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.
To discuss further how CW Research can assist you in evaluating market opportunities or challenges, please do not hesitate to contact our research team on email: [email protected]