Cement and clinker FOB prices in Med. Basin decline in November

Some key markets are suffering from oversupply due to high competition

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

Ana Almeida, CW Group's analyst, observes: "The North African markets are showing strong levels of production as part of the plans of the last years. However, as a consequence, some key markets are suffering from oversupply due to high competition."

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 trends 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.

 

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