Med Basin FOB prices for cement, clinker decline in March

In the Mediterranean Basin region, the FOB prices for prompt deliveries of bulk ordinary Portland cement suffered a marginal drop when compared to the previous month, according to the CW Research's March update of Mediterranean Basin cement and clinker prompt delivery cargo price assessment.

Export prices for bulk ordinary grade clinker in the region contracted from February to March.

ÔÇ£In the third month of 2017, MedBasin cement and clinker exporters continue to struggle with the lack of positive trade signs in the region. However, the current year is encouraging sector stakeholders to have a more positive outlook when compared with 2016 ÔÇØ said Raluca Cercel, Senior Analyst with the CW Group's European team.

CW Research's March 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.