3/4Q2015: a shy recovery for cementitious products

ÔÇ£Anemic and uneven economic growth, reduced off take from China and the strengthening dollar are all impacting cement demand and trade and putting pressure on prices.ÔÇØ said Prashant Singh, Associate Director, CW Group.

Global gray cement prices fell 11+ percent year-on-year, according to preliminary figures presented in the CW Research's 3/4Q2015 update to its benchmark price assessment for monthly worldwide trade of gray cement, white cement, clinker, and slag, as well as ex-works and effective market prices: Global Cement Trade Price Report (GCTPR).

The report projects a contraction trend for gray cement prices in Asia-Pacific-Japan, North America, and Caribbean, and a growing trend in all the other regions in the fourth quarter of the year.

CW Research's 3/4Q2015 GCTPR shows trade prices mostly influenced by developments in foreign exchange rates as many currencies have depreciated sharply against the U.S. dollar.

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