June FOB Prices for Cement and Clinker Increase 4%+ in Mediterranean Basin

Greenwich, CT, June 22, 2016 --(PR.com)-- Med Basin FOB prices for prompt deliveries of bulk ordinary Portland cement registered a 4+ percent increase MoM, according to the CW Research’s June update to Mediterranean Basin cement and clinker prompt delivery cargo price assessment. Export prices for bulk ordinary grade clinker increased by a similar rate, almost 5 percent MoM.

“Portland bulk cement and clinker trade prices in the Mediterranean Basin have slightly recovered from the general contraction faced during 2016,” said Raluca Cercel, Consulting Analyst with the CW Group’s European team.

The June update also includes relevant news about the positive performance of Turkish cement sector and the 25+ percent YoY increase in cement exports in Cyprus. However, Cyprian clinker exports contracted by around 64 percent YoY in April.

Moreover, African countries are seen as an opportunity for clinker exports. “Even though some markets are becoming less dependent on the cement imports, exporters believe that there will always be space in the market for the imports due to lower pricing,” added Raluca Cercel.

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 Mediterranean Basin 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 two distinct monthly price reference points for bulk cargoes:
· Mediterranean Basin cement FOB prices bulk
· Mediterranean Basin clinker FOB prices bulk

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.

About CW Research
CW Research is a leader in syndicated and data-driven market research solutions. The company offers independent perspectives on multiple industrial market segments (e.g., cement, metals & minerals, and specialty chemicals) and deep functional expertise in market intelligence, sourcing intelligence, commodity pricing intelligence. CW Research also provides custom industry and competitive research programs for operating companies, financial analysts, consultants, governments, suppliers and many others as well as tailored studies together with CW Advisory. For more information: research.cwgrp.com.