Technical Analysis: Global cement prices mixed

After a quieter end of 2011 that closed the year with a slight decline in global average cement prices, January 2012 reversed the course; the CW Group Research set of core markets, tracked at the national level, saw one percent growth in nominal retail cement prices.

February 2012 left global cement prices nearly level, with a growth rate approaching zero compared to January 2012. For March, the CW Group's preliminary index calculations showed a price decline of 0.1 percent. Compared to last year, February and March 2012 showed a severe slowdown in growth rates; the same period in 2011 registered one percent growth with large intervals between minimum and maximum growth rates and high diversity between countries.

Read the rest of the article in the CemWeek Magazine issue 8.