Med Basin FOB prices for cement and clinker rise in August
In the Mediterranean Basin region, the FOB prices for prompt deliveries of bulk ordinary Portland cement expanded when compared to the previous month, according to the CW Research's August update of Mediterranean Basin cement and clinker prompt delivery cargo price assessment.
Export prices for bulk ordinary grade clinker in the region rose again from July to August.
ÔÇ£Med Basin cement and clinker exporters are seeing an improvement in their export pricing. This is a consequence of Turkey's dominion of the regional trade. Clinker export volumes in the region continue to expand faster than cementsÔÇÖ,ÔÇØ said Ana Almeida, Analyst with the CW Group's European team.
CW Research's August 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.