Cement and Clinker FOB and CFR Prices Continue to Drop in Persian Gulf – Arabian Sea and East Africa
Greenwich, CT, February 19, 2016 --(PR.com)-- On a monthly basis, cement and clinker FOB and CFR prices continue to drop, according to the CW Research’s February update to Persian Gulf – Arabian Sea and East Africa Cement and Clinker price assessment.
“By this point, after many months when prices have not shown any encouraging signs, traders seem resigned to the situation, and are now turning their attention more pointedly towards new markets and export opportunities. This is easily noticeable for Med Basin traders, while for Middle Eastern traders, the continuing depreciation of cement and clinker prices is more sustainable,” explains Raluca Cercel, Consulting Analyst with the CW Group’s European team.
In February 2016, Persian Gulf-Arabian Sea cement and clinker FOB and prices fell slightly, compared to the previous month. CFR prices for bulk cement continue the declining trend, by falling almost 5 percent.
The slowdown in cement and clinker trade negatively affected ship owners. The contraction, caused by the reduced demand for cement, clinker and other commodities, is not expected to recover over the mid-term period.
The monthly report also includes the latest insights on trade in Pakistan, Iran, as well as in 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.
For more information or interview inquiries, please contact Luciana Murarasu, Marketing & Communications Coordinator, CW Group (Europe), at lm@cwgrp.com, or +40-748-91-84-50.
About the report
CW Research’s Persian Gulf – Arabian Sea and East Africa Cement and Clinker price assessment product is a monthly report providing timely updates on actual pricing for cargoes with prompt delivery (next 30-60 days). The unique product synthesizes key market information based on CW Research’s analysts’ interactions with market participants, including traders, exporters, buyers and other stakeholders involved in the cement trade.
The product covers three distinct monthly price reference points for bulk cargoes:
· Persian Gulf - Arabian Sea: cement FOB
· Persian Gulf - Arabian Sea: clinker FOB
· East Africa: cement CFR
The report is part of CW Research’s “Cement and Clinker Price Assessment” product series providing regional insights for end-user centric pricing information for gray cement, clinker, and India petcoke CFR.
For those interested in CW Research’s price assessments, please contact the sales team at sales@cwgrp.com or +1-702-866-9474. For more information: http://www.cwgrp.com/research-a-analysis/global-monitor-reports/306137-price-assessment-cement-and-clinker-price-markers.html
“By this point, after many months when prices have not shown any encouraging signs, traders seem resigned to the situation, and are now turning their attention more pointedly towards new markets and export opportunities. This is easily noticeable for Med Basin traders, while for Middle Eastern traders, the continuing depreciation of cement and clinker prices is more sustainable,” explains Raluca Cercel, Consulting Analyst with the CW Group’s European team.
In February 2016, Persian Gulf-Arabian Sea cement and clinker FOB and prices fell slightly, compared to the previous month. CFR prices for bulk cement continue the declining trend, by falling almost 5 percent.
The slowdown in cement and clinker trade negatively affected ship owners. The contraction, caused by the reduced demand for cement, clinker and other commodities, is not expected to recover over the mid-term period.
The monthly report also includes the latest insights on trade in Pakistan, Iran, as well as in 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.
For more information or interview inquiries, please contact Luciana Murarasu, Marketing & Communications Coordinator, CW Group (Europe), at lm@cwgrp.com, or +40-748-91-84-50.
About the report
CW Research’s Persian Gulf – Arabian Sea and East Africa Cement and Clinker price assessment product is a monthly report providing timely updates on actual pricing for cargoes with prompt delivery (next 30-60 days). The unique product synthesizes key market information based on CW Research’s analysts’ interactions with market participants, including traders, exporters, buyers and other stakeholders involved in the cement trade.
The product covers three distinct monthly price reference points for bulk cargoes:
· Persian Gulf - Arabian Sea: cement FOB
· Persian Gulf - Arabian Sea: clinker FOB
· East Africa: cement CFR
The report is part of CW Research’s “Cement and Clinker Price Assessment” product series providing regional insights for end-user centric pricing information for gray cement, clinker, and India petcoke CFR.
For those interested in CW Research’s price assessments, please contact the sales team at sales@cwgrp.com or +1-702-866-9474. For more information: http://www.cwgrp.com/research-a-analysis/global-monitor-reports/306137-price-assessment-cement-and-clinker-price-markers.html
Contact
CW Group / CemWeek
Luciana Murarasu
+1-702-866-9474
www.cwgrp.com
Luciana Murarasu
+1-702-866-9474
www.cwgrp.com
Contact
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