FOB prices for cement increase, clinker prices remain flat in Mediterranean Basin

FOB prices for ordinary Portland cement bulk register a 6.4 percent increase, according to the CW Research's May update to Mediterranean Basin cement and clinker prompt delivery cargo price assessment. On the other hand, FOB prices for bulk ordinary clinker trended flatly at USD 30.8 per ton.

The May update highlights a double digit decline in cement import prices in Algeria. ÔÇ£Algeria will soon be oversupplied with cement, but clinker shipments from Greece, Turkey, Spain and Italy will continue in the short-termÔÇØ explains Raluca Cercel, Consulting Analyst with the CW Group's European team.

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.

The full monthly update is available as an annual subscription in individual or corporate license forms. For questions and orders, please contact Liviu Dinu, Market Services & Marketing Consultant, CW Group (Europe), at ld@cwgrp.com, or +40-744-67-44-11.

For more information or interview inquiries, please contact Luciana Murarasu, Marketing & Communications Coordinator, CW Group (Europe), at lm@cwgrp.com, or +40-748-91-84-50.

About the report

CW Research's Mediterranean Basin Cement and Clinker price assessment product is a monthly report providing timely updates on actual pricing for cargoes with prompt delivery (next 30-60 days). The unique product synthesizes key market information based on CW Research's analystsÔÇÖ interactions with market participants, including traders, exporters, buyers and other stakeholders involved in the cement trade.

The product covers two distinct monthly price reference points for bulk cargoes:

• Mediterranean Basin cement FOB prices bulk
• Mediterranean Basin clinker FOB prices bulk

The report is part of CW Research's ÔÇ£Cement and Clinker Price AssessmentÔÇØ product series providing regional insights for end-user centric pricing information for gray cement, clinker and India petcoke CFR.

For those interested in CW Research's price assessments, please contact the sales team at sales@cwgrp.com.