Cement and clinker price assessment: Med Basin, Persian GulfÔÇôArabian Sea & East Africa (December)
December showcases fall in cement and clinker FOB prices in Med Basin, Persian Gulf ÔÇô Arabian Sea and East Africa.
Prices continue to trend negatively for cement, according to the CW Research's December update to Med Basin, Persian Gulf ÔÇô Arabian Sea and East Africa Cement and Clinker price assessment.
ÔÇ£Traders did not have high hopes for pricing to improve in December, so this month's pricing for OPC cement and clinker came as no surprise for both manufacturers and traders. On the other and, the downward spiral of shipping rates we saw last month is now more contained, so importers of cement and clinker will see more stabilized CFR and CIF pricingÔÇØ, explains Raluca Cercel, Consulting Analyst with the CW Group's European team.
Read more about the highlights from the December update here.
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