Med Basin FOB prices for cement and clinker decrease in November

In the Mediterranean Basin region, the FOB prices for prompt deliveries of bulk ordinary Portland cement and clinker fell when compared to the previous month, according to the CW Research's November update of Mediterranean Basin cement and clinker prompt delivery cargo price assessment.

ÔÇ£Cement and clinker prices dropped monthly in the Med Basin region, reflecting the tightening competition in the region. As main producers ramp up production aiming to increase exports, prices could be affected further,ÔÇØ said Ana Almeida, Analyst with the CW Group's European team.

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

Moreover, the monthly report also includes details about shipping indices of dry bulk tendency and its reasons as well as the latest trend 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.