Med Basin cement and clinker trade prices inch down in December

The end of the year comes with the usual price discounts in cementitious commodities

According to CW Research's Cement and Clinker Price Assessments for Mediterranean Basin and Persian Gulf, FOB prices for cement and clinker recorded a slight decrease in both regions in December.

During the last month of 2018, in the Mediterranean Basin region, trade prices for both prompt deliveries of bulk ordinary Portland cement and clinker slipped mildly when compared to November, with cement dispatches reaching between USD 39 and USD 41 per ton.

"The end of the year comes with the usual price discounts in cementitious commodities in order to clear unsold stock. In the Med Basin, some key players are investing in CO2 reduction as a key resolution for 2019ÔÇØ, notes Ana Almeida, CW Group's analyst.

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CW Research's December update to the Mediterranean Basin and Clinker price assessment report covers the latest news in the region's trading situation.

The monthly report also includes details about shipping indices for dry bulk trends and its reasons, as well as the latest developments in the bunker oil futures.

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.

To discuss further how CW Research can assist you in evaluating market opportunities or challenges, please do not hesitate to contact our research team on email: inquiries@cwgrp.com