Prices are slowly recovering
In January, trade prices for bulk ordinary Portland cement remained flat, whereas FOB prices for prompt deliveries of bulk ordinary grade clinker edged up in the Persian Gulf and Arabian Sea region.
As noted by Ana Almeida, CW Group’s analyst: "Cement prices are slightly recovering in the beginning of the year for exporters in the region. Inflation and higher production costs underpin such hikes."
CW Research’s January 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]