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Cement export prices in November continued on an upward trend in the Mediterranean Basin, supported by robust volumes from Egypt and Algeria, despite a decline in other key markets, according to CW Research's Cement and Clinker Price Assessment for Med Basin and Persian Gulf-Arabian Sea & East Africa.
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Ex-works cement prices in the fourth quarter of 2021, are forecast to range on a yearly basis, from a decrease of almost 6 percent in the Middle East to an increase of about 11 percent in the Mediterranean Basin, according to the 4Q2021 update of CW Research's Global Cement Trade Price Report.
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- FOB cement prices in the Persian Gulf-Arabian Sea increase more than 1 percent in December
- FOB prices for cement in the Mediterranean Basin region also increased by over 1 percent in the month
- Saudi Arabia's cement exports plunge in November
- Turkey's cement exports increase in January-September 2021
Greenwich (CT), USA, February 8, 2022 ÔÇô In December 2021, FOB prices for ordinary Portland cement in the Persian Gulf-Arabian Sea increased more than 1 percent, while clinker export prices increased almost 2 percent, on a month-on-month basis, according to CW Research's Cement and Clinker Price Assessment for Med Basin and Persian Gulf-Arabian Sea & East Africa.