Med Basin FOB prices for cement and clinker increase at start of 2017

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

Export prices for bulk ordinary grade clinker in the region increased modestly from December to January. ÔÇ£2016 was a depressed year for Med Basin exporters. However, the start of the new year seems to have brought positive expectations to the cement and clinker traders in the region, which are being reflected in the pricing for the products. On the import side, markets are pending to see an increase of cement and clinker prices in the coming months, both for domestic and imported productsÔÇØ, said Raluca Cercel, Consulting Analyst with the CW Group's European team.

CW Research's January 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.