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News Belarus to export more cement via commodity exchange in 2019

Belarus to export more cement via commodity exchange in 2019

Written by Global Cement staff 19 October 2018
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Belarus: 0.2Mt/yr or 10% of Belarus’ cement exports will be available for purchase via the Belarusian Universal Commodity Exchange (BUCE) from the start of 2019. The country hopes to increase its range of target markets as much as possible by using the commodity exchange, according to the Belarusian Telegraph Agency (BelTA). Local cement companies hope to increase sales via the commodity exchange if it is a success

A test batch of cement was sold via BUCE in September 2018. Six buyers from Russia, Ukraine and the Baltic states took part in the trading session and submitted bids for buying a total of 4000t of Ordinary Portland Cement. The trading session lasted for slightly more than one hour. A Lithuanian company bought 256t of cement as a result.

Last modified on 23 October 2018
Published in Global Cement News
Tagged under
  • Belarus
  • Export
  • Belarusian Universal Commodity Exchange
  • GCW376

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