June Persian Gulf-Arabian Sea cement prices decrease 7%+, clinker prices increase 4%+


On a monthly basis, cement FOB prices registered a 7+ percent MoM decrease in Persian Gulf-Arabian Sea region, while export prices for bulk ordinary grade clinker increased by more than 4 percent.

The CW Research’s June update to Persian Gulf – Arabian Sea and East Africa Cement and Clinker price assessment shows East African CFR prices for cement increased by less than one percent in comparison with last month.

“Middle Eastern traders are still experiencing less encouraging signs shown in the cement trade prices. The situation in the region is cause of concern given that new exporters are emerging in the region”, explains Raluca Cercel, Consulting Analyst with the CW Group’s European team.

The monthly report also includes details about shipping indices of cement and clinker trading, and the latest insights on trade in Saudi Arabia and Iraq.

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.

****

The full monthly update is available as an annual subscription in individual or corporate license forms. For questions and orders, please contact Liviu Dinu, Market Services & Marketing Consultant, CW Group (Europe), at ld@cwgrp.com, or +40-744-67-44-11.


This entry was posted in African News. Bookmark the permalink.

Leave a Reply