Med Basin cement and clinker FOB prices stabilize in April

In the Mediterranean Basin region, FOB prices for prompt deliveries of bulk ordinary Portland cement and clinker recorded very sligh increases when compared to the previous month, according to CW Research's April update of Mediterranean Basin cement and clinker prompt delivery cargo price assessment.

Commenting on the price trend, Ana Almeida, Analyst with the CW Group's European team, observed: "Cement exporters in the North of Africa region generally seem to be succeeding with their plans of becoming self-sufficient and starting to export. Players in Algeria and Egypt have been seeing an increase in their shipments, and optimism remains."

CW Research's April 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.

 

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