Cement manufacturers in Kenya are raising their prices in response to the increase in the mining tax imposed by the Ministry of Mines. On 18 December 2013, Najib Balala, Cabinet Secretary of the Ministry of Mines, Kenya, announced that the mining tax levied on the cement industry would be adjusted to Kshs 140/t.
2014-01-17
According to the latest data from Vietnam's Ministry of Construction (MoC), cement sales in Vietnam rose 13.9% year-on-year to 61 million tons in 2013, exceeding sales expectations of 7.5%. Among them, the domestic sales volume was 47 million tons, with a year-on-year increase of 3.4%; the export volume was 14 million tons, with an increase of 6 million tons over the same period last year; the cement output reached nearly 70 million tons.
2014-01-14
With GDP growth of 5% in fiscal year 2012-2013 and India's urban population set to double from 290 million in 2001 to 590 million by 2030, opportunities in the construction sector can be imagined. The development of the construction sector will inevitably lead to the growth of cement demand, and India's cement demand will have a huge room for growth.
2013-10-30
CEMPI
100.41
+0.83 +0.83%
CONCPI
86.65
-0.03 -0.03%
CLKPI
102.88
+1.32 +1.30%
SPPI
41.98
+0.35 +0.84%
MORPI
71.83
0.00 0.00%
Since the 18th, leading enterprises in Wuhan and eastern Hubei have notified an increase of 20 yuan/ton in cement prices, and the specific implementation remains to be further followed up and observed.