Global Cement Trade Price Report (1Q2016)
The decline in global sales, coupled with overcapacity in some exporting markets, will pressure exporters to find other markets, therefore affecting cement prices.
Global FOB prices for gray cement are estimated to have declined to March 2016 by 0.3% as compared to December 2015, according to preliminary figures presented in the CW Research's 1Q2016 update to its benchmark price assessment for worldwide trade of gray cement, white cement, clinker, and slag, as well as ex-works and effective market prices: Global Cement Trade Price Report (GCTPR).
CW Research expects FOB rates to recover marginally by June 2016, when the global average is projected to improve at a 0.1% rate from March levels. On the other hand, estimations indicate that slag export prices have fallen by 3.2% in March 2016 as opposed to December 2015, while the quarter to June 2016 is projected to bring about a further 1.8% decline.
ÔÇ£Several developments that marked 2015 will continue to leave their imprint in 2016, but by far the most pressing issues in 2016 will be sluggish capital flows to emerging and developing countries, anemic trade and continuously weakening commodity prices.ÔÇØsays Stefana Abiculesei, Consulting Analyst with the CW Group's European team.
Read more highlights from the 1Q2016 update to CW Research's Global Cement Trade Price Report here.
The Global Cement Trade Price Report (GCTPR) is CW Research's benchmark price assessment for monthly gray cement, white cement, clinker and granulated blast furnace slag prices and volumes. The 180+ page report, published on a quarterly basis, serves as the industry go to source for monthly price data for 70+ individual markets worldwide, including multiple cornerstone data series: import, export, ex-works and market prices. Additionally, the GCTPR includes extensive discussion of key playersÔÇÖ price strategies as well as trade price forecast and select trade volumes for each country. The report also provides regional price indices as well as a quick review of trading dynamics and drivers in the different regions.
For more information and placing an order, please contact Liviu Dinu, Market Services & Marketing Consultant, CW Group (Europe), by phone at +40-744-67-44-11, or e-mail at ld@cwgrp.com.