Press Releases from CW GROUP (67 total)
Indian petcoke prices slip in 2H FY2017-18
Greenwich (CT), USA, August 16, 2017 – High-sulfur and low-sulfur petcoke CFR prices have declined in India West Coast, between June and mid-August 2017. According to CW Research’s India Petcoke CFR Price Assessment, high-sulfur petcoke prices dropped two percent. CFR prices for low-sulfur petcoke suffered a similar decrease percent up to mid-August, after a continuous rise since the start of the year that led them to surpass the USD 100…
Petcoke production rises in Asian markets, while Brazil shows a downward trend
Greenwich (CT), USA, August 7, 2017 – According to CW Research’s “Petcoke Market Data”, importers have recorded mixed trends in May 2017, production-wise. While Asian markets have increased production, political instability and lower cement production in Brazil has propelled a reduction in demand and production.
In India, year-to-date production has recorded a five percent increase of petcoke market volumes until May 2017, when compared to the same period in the previous…
Middle East outputs decrease YoY, while Asia-Pacific cement volumes edge up
Cement market volumes have dropped in the Mediterranean Basin and the Middle East in May 2017. However, the Asia Pacific region recorded a positive trend, according to CW Research’s Cement Country Market Data reporting.
In the Mediterranean Basin, cement industry data shows the Moroccan market has been struggling with an unstable cement demand from the real estate sector. Domestic cement sales dropped eight percent on a yearly basis, having reached 1.2…
Ex-works cement prices expand in Q1; FOB prices show mixed trends
Greenwich (CT), USA, July 28, 2017 – Cement ex-works prices rose in selected markets in 1Q2017, according to 2Q2017 Global Cement Trade Price Report (GCTPR) from CW Research. FOB prices for gray cement increased in March 2017 and are expected to continue improving broadly in the upcoming quarter, whereas those of white cement, clinker and slag will show mixed trends.
According to Tea Vukicevic, associate analyst with CW Research: “major standouts…
Infrastructure investment supports rising Dominican cement demand
Greenwich (CT), USA, July 12, 2017 – According to CW Research’s Dominican Republic Cement Market Report (2017 update), domestic cement demand shows a projected annual increase of 4.5%, reaching nearly five million tons by 2021. Large-scale infrastructure projects, such as highways, roads and bypasses, coupled with affordable housing initiatives and tourism-enabling construction will boost the construction sector’s share of GDP to more than ten percent by 2021.
In 2016, supported by…
White cement demand outlook driven by increasing purchasing power
Greenwich (CT), USA, July 6, 2017 – Between 2017 and 2022, consumption of white cement is projected to increase by an average of three percent per year, according to CW Research’s Global White Cement Market and Trade Report (2017 update). White cement consumption growth rate will outperform that of gray cement, which is projected to grow at an annual average of two percent. The popularity of the white building material,…
Asia cement sector continues to expand, Latin America dives
Greenwich (CT), USA, June 22, 2017 – During the first four months of 2017, Asian cement production has expanded year-on-year across key markets, including China, Vietnam and Thailand. In China, construction activity continued to show a strong performance, propelling production increases in the northeast and southwest of the country. Year-to-date cement production in China is up one percent, compared to the first four months of 2016, reaching 662.8 million tons,…
Persian Gulf cement and clinker prices slip in Q2
Greenwich (CT), USA, June 19, 2017 – According to CW Research, Persian Gulf- Arabian Sea Ordinary Portland Cement and clinker price indices for prompt deliveries fell in Q2 2017. CW Research’s Cement and Clinker Persian Gulf- Arabian Sea Price Assessment shows regional cement FOB prices hit USD 35.5 per ton, slipping 39% compared to Q2 2015. The decreasing pricing trend follows a weak demand, coupled with producers’ willingness to aggressively…
May Med Basin cement FOB prices drop; clinker prices remain stable
According to CW Research’s Cement and Clinker Med Basin Price Assessment, Ordinary Portland cement (OPC) Med Basin price index tracking FOB in the region (prompt cargo basis) slipped below USD 40 per ton in Q2 2017. Prices fell in part due to Turkish exporters continuing to price aggressively in the market. During the same period, CW Research’s OPC clinker Med Basin price index (which tracks FOB pricing in the region…
Brazilian pulp and paper exports increase, French pulp production rises
Greenwich (CT), USA, jUNE 8, 2017 – While Brazilian domestic pulp consumption fell in March 2017, pulp exports surged almost 10 percent. Meanwhile, French pulp production output climbed 3 percent for the month, according to CW Research’s Paper and Pulp Country Market Data coverage available on IPPWeek.com.
“Brazilian pulp producers exported 3.3 million tons of pulp, principally driven by Chinese and North American demand. Domestically, the story was the opposite and…
Petcoke production records mixed trends as large importers increase output
According to CW Research’s “Petcoke Market Data”, petcoke production displayed mixed trends across North America, the largest exporting region worldwide, in the first quarter of 2017.
Despite a solid global petcoke demand, certain American countries and regions saw output leveling out. In Canada, production fell year-on-year to 180,000 tons, while the same downward trend was recorded in the US Midwest, where volumes fell 5 percent year-to-date. Conversely, the US Gulf…
Bangladeshi cement market expanding with public infrastructure investment
Greenwich (CT), USA, May 30, 2017 – According to CW Research’s 2017 Bangladesh Cement Market Report, cement consumption in the country is expected to increase nine percent per year on average through 2021. The growth is driven by public works in the infrastructure segment and real estate development works propelled by high population growth and urbanization.
The Bangladeshi government is actively seeking to improve national construction through a combination of building…
Sri Lanka cement demand expansion aided by infrastructure investments
Greenwich (CT), USA, May 29, 2017 – According to CW Research’s “2017 Sri Lanka Cement Market Report”, the country’s cement demand rose 13 percent per annum on average from 2010 to 2016. In the next five years, demand is expected to continue growing, albeit at a more moderate pace as public works and infrastructure investments slow.
Between 2010 and 2016, the country’s cement demand was driven by investment in infrastructure…
Kuwaiti cement outlook positive on public investment and private homeownership
Greenwich (CT), USA, May 8, 2017 – According to CW Research’s “2017 Kuwait Cement Market Report”, cement demand in Kuwait expanded at a buoyant CAGR of 18% between 2010 and 2016. The increase in consumption was sustained by a strong pipeline of governmental infrastructure projects, founded through capital sourced from oil revenue. Conversely, the international oil price crisis took its toll on Kuwaiti government’s public investments, leading to a 1.2%…
Cement, slag prices fall in most markets; outlook remains tentative
Greenwich (CT), USA, April 12, 2017 – Global trade of gray cement has continued its slide, both volume and pricing-wise, according to the latest update of the 1Q2017 Global Cement Trade Price Report (GCTPR) from CW Research.
Globally, ex-works prices (in dollar terms) of cementitious materials (including cement, clinker and blast furnace slag) declined broadly in the fourth quarter of 2016 across most of the world markets. However, there were some…
INTERNATIONAL CEMENT TRADE ACTIVITY DROPS INTO 4Q2016; EX-WORKS PRICES DECREASIN …
Greenwich (Conn.), USA, December 20, 2016 – Global export prices for gray cement recovered on a quarterly basis in the third quarter of 2016, being still below the $60 per ton mark, according to the 4Q2016 update of CW Research’s Global Cement Trade Price Report (GCTPR). While export pricing for gray cement increased in the third quarter, quarter-on-quarter (QoQ) ex-works pricing, however, decreased in most of the markets. In China,…
International cement trade activity plummets into 3Q2016; ex-works prices holdin …
Global export prices for gray cement have continued to decline into the second half of 2016, falling to well below the $60 per ton mark, according to the 3Q2016 update of CW Research’s Global Cement Trade Price Report (GCTPR). While export pricing continued to trend lower, quarter-on-quarter (QoQ) ex-works pricing, however, saw signs of recovery.
“Broadly speaking, in the second quarter of the year, we have seen domestic prices recover…
