Med Basin FOB prices for cement decrease in April, clinker increases

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

Export prices for bulk ordinary grade clinker in the region increased from March to April.

ÔÇ£Main export cement markets seem to be seeing a slight recovery in the domestics markets. Hence, cement producers are gathering strengths to supply internally, rather than exporting,ÔÇØ said Raluca Cercel, Consulting Analyst with the CW Group's European team.

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.