January Sees Another Contraction for Med Basin and Persian Gulf – Arabian Sea Cement FOB Prices

On a monthly basis, cement prices continue to drop, according to the CW Research’s January update to Med Basin, Persian Gulf – Arabian Sea and East Africa Cement and Clinker price assessment.

Greenwich, CT, January 21, 2016 --(PR.com)-- “Our previous month's forecast has proven to be true: not only did price contractions become more contained, but we are actually witnessing a slight increase of trade prices for OPC clinker coming from the Middle East. Notwithstanding this encouraging sign, traders are still cautiously conservative in regards to the outlook for prices in the following months,” explains Raluca Cercel, Consulting Analyst with the CW Group’s European team.

In January 2016, Med Basin prices for prompt deliveries of bulk ordinary Portland cement fell more than 1 percent, while in Persian Gulf-Arabian Sea region, FOB prices for prompt deliveries of cement declined 3+ percent. CFR prices for bulk cement confirm the declining trend in the first month of the year, by dropping more than 5 percent.

Export prices for ordinary grade clinker in bulk declined in January 2016 in Med Basin, however in Persian Gulf-Arabian Sea trade prices increased. CW Research analysts consider this month-on-month variation as contrary to the trend seen in the last months of 2015.

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.

The full monthly update is available as an annual subscription in individual or corporate license forms. For questions and orders, please contact Liviu Dinu, Market Services & Marketing Consultant, CW Group (Europe), at ld@cwgrp.com, or +40-744-67-44-11.

For more information or interview inquiries, please contact Luciana Murarasu, Marketing & Communications Coordinator, CW Group (Europe), at lm@cwgrp.com, or +40-748-91-84-50.

About the report
CW Research’s Med Basin, Persian Gulf – Arabian Sea and East Africa Cement and Clinker price assessment product is a monthly report providing timely updates on actual pricing for cargoes with prompt delivery (next 30-60 days). The unique product synthesizes key market information based on CW Research’s analysts’ interactions with market participants, including traders, exporters, buyers and other stakeholders involved in the cement trade.

The product covers five distinct monthly price reference points for bulk cargoes:
· Med Basin: cement FOB and clinker FOB
· Persian Gulf - Arabian Sea: cement FOB and clinker FOB
· East Africa: cement CFR

The report is part of CW Research’s “Cement and Clinker Price Assessment” product series providing regional insights for end-user centric pricing information for gray cement and clinker, oil well cement and India petcoke CFR.

For those interested in CW Research’s price assessments, please contact the sales team at sales@cwgrp.com or +1-702-866-9474. For more information: http://www.cwgrp.com/research-a-analysis/global-monitor-reports/306137-price-assessment-cement-and-clinker-price-markers.html

About CW Research
CW Research is a leader in syndicated and data-driven market research solutions. The company offers independent perspectives on multiple industrial market segments (e.g. cement, metals & minerals, and specialty chemicals) and deep functional expertise in market intelligence, sourcing intelligence, commodity pricing intelligence. CW Research also provides custom industry and competitive research programs for operating companies, financial analysts, consultants, governments, suppliers and many others as well as tailored studies together with CW Advisory. Our team operates in the USA, India, Brazil, Portugal and Romania. For more information: research.cwgrp.com.

About CW Group
The Greenwich (Conn.), USA headquartered CW Group is a leading advisory, research and business intelligence boutique aligned along three pillars: Advisory, Research and Media. CW Advisory supports senior management in addressing their most challenging strategic, financial and operational issues as well as providing M&A advice. CW Research provides value added industry reports, multi-client studies and business research services. The Media pillar is based on rigorous and up-to-date information and data management, providing market updates to our clients in a self-service format through our industry portals as well as industry meetings.

The CW Group, with a presence in the US, Brazil, India, Portugal and Romania, has a multi-industry orientation, with particularly recognized sector expertise in up-stream building materials (cement, lime), downstream building materials (aggregates, ready-mix, cementitious - fly ash, slag), power and energy, steel, minerals & mining, agriculture and commodities, paper & pulp, ports, logistics & transportation. www.cwgrp.com
CW Group / CemWeek
Luciana Murarasu