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CW Research News

According to CW Research’s Cement and Clinker Price Assessments for Mediterranean Basin and Persian Gulf, FOB prices for both commodities displayed a slight improvement in the first month of the year.

CW Research, in its World Oil Well Cement Market Forecast 2024, projects consumption of cementitious materials for drilling in the US to reach roughly four million tons by 2024.

Heavy production costs are reflecting on higher prices

According to CW Research’s Cement and Clinker Price Assessments for Mediterranean Basin and Persian Gulf, FOB prices for cement and clinker recorded a slight decrease in both regions in December.

According to CW Research’s 2018 update of the Kenya Cement Market Report, cement consumption in the country is forecast to increase at an annual average rate of almost six percent, exceeding seven million tons by 2023.

The end of the year comes with the usual price discounts in cementitious commodities

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