Indian Government Bans Exports of Cement and Other Building Materials to Nepal

2008-04-22 00:00:00

< P > < FONT face = Verdana > < FONT face = Verdana > According to the Kathmandu Post on the 19th, the Indian government has banned the export of building materials such as raw materials for cement manufacturing and finished cement to Nepal. Nepal's construction industry and industry will be greatly affected, and the export of steel and steel ingots to Nepal will be banned in the future. The cement factory in Nepal has only one week's supply of raw materials and will be closed if it is not solved soon. They are asking the Nepalese government to negotiate a solution with India. A few months ago, the Indian government categorically banned the export of paddy, rice, wheat, edible oil and rapeseed to Nepal

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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%

East China cement price index rose 5.00 points in a single day, Fujian, Zhejiang and Shanghai cement prices collectively pushed up 20 yuan/ton.

In the short term, the high cost of raw materials and fuels is still the main support for the upward price, and the better weather is also conducive to the moderate recovery of demand; however, this round is mostly the second round of pushing up within a month, and the actual transaction of the last round of small factories in Jiangsu is only 10-20 yuan/ton, and the increase of cooling and rainfall in the latter half of the year and the recovery of demand are still limited, so the landing range is likely to be discounted.