Major players are targeting new markets to keep up with their production quotas
In November, trade prices for bulk ordinary Portland cement and for prompt deliveries of bulk ordinary grade clinker declined in the Persian Gulf and Arabian Sea region.
In the same period, East African CFR prices for bagged cement remained pretty much unchanged compared to October.
As noted by Ana Almeida, CW Group’s analyst: "A few major players are focusing on targeting new markets in the coming year in order to keep up with their production quotas."
CW Research’s November 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]