February Mediterranean Basin cement and clinker prices fall

CW Research's Mediterranean Basin cement and clinker prompt delivery cargo price assessment shows a continuous deterioration. On a monthly basis, FOB prices for ordinary Portland cement bulk contracted again in February, dropping about 4 percent MoM in Mediterranean Basin.

CW Research's monthly price assessment sees the Med Basin clinker bulk FOB price marker following the same path as in the previous month, dropping by almost 1 percent.

ÔÇ£By this point, after many months when prices have not shown any encouraging signs, traders seem resigned to the situation, and are now turning their attention more pointedly towards new markets and export opportunitiesÔÇØ, explains Raluca Cercel, Consulting Analyst with the CW Group's European team.