Cement and clinker FOB and CFR prices continue to drop in Persian Gulf ÔÇô Arabian Sea and East Africa

In February 2016, Persian Gulf-Arabian Sea cement and clinker FOB and prices fell slightly, compared to the previous month, according to the CW Research's February update to Persian Gulf ÔÇô Arabian Sea and East Africa Cement and Clinker price assessment.

CFR prices for bulk cement continue the declining trend, by falling almost 5 percent.

The slowdown in cement and clinker trade negatively affected ship owners. The contraction, caused by the reduced demand for cement, clinker and other commodities, is not expected to recover over the mid-term period.