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.

Greenwich, CT, February 20, 2016 --(PR.com)-- 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.

“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 opportunities,” explains Raluca Cercel, Consulting Analyst with the CW Group’s European team.

Even though prices are still following a declining trend in this region, some cement exporters are taking the opportunity to expand their markets. The February update also includes relevant news about quotas for cement imports established by the Algerian government, Egypt stopping imports from Turkey, and the increased taxes on imported cement in Ghana.

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 Mediterranean Basin 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 two distinct monthly price reference points for bulk cargoes:
· Mediterranean Basin cement FOB prices bulk
· Mediterranean Basin clinker FOB prices bulk

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, clinker 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. For more information: research.cwgrp.com.
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