Displaying items by tag: Trade and Export Promotion Centre

Nepal: Imports of cement fell by 24% year-on-year in the first half of the local financial year. Data from the Trade and Export Promotion Centre (TEPC) shows cement worth US$3.94m was imported in this period compared to US$4.88m in the same period in the pervious year, according to the Republica newspaper. However, imports of clinker grew by 8% to US$102,000 from US$95,000. Most of this material came from India.

Nepal: Data from the Trade and Export Promotion Centre (TEPC) has shown that the value of imports of clinker has increased by nearly six times year-on-year to US$84m in the first six months of the Nepalese fiscal year to mid-January 2017 from US$14m in the same period in the previous year. Dhurba Thapa, president of the local Cement Manufacturers Association, told the Kathmandu Post that the surge in clinker imports was due to a market correction following a ban on exports imposed by India in the previous year. He added that imports of clinker from India account for around 35 – 40% of Nepal’s total consumption.

Nepal: The value of clinker imported from India into Nepal has risen by 674% year-on-year to US$60.5m in the first four months of the local financial year that started on 16 July 2016 from US$7.8m from the same period in the previous year, according to the Trade and Export Promotion Centre. Dhruba Raj Thapa, president of Cement Manufacturers Association of Nepal, in comments to the Himalayan Times attributed the surge to a lack of raw materials, including limestone, which has forced producers to import clinker from India. He added that government restrictions on opening new mines have restricted the local industry's ability to produce its own clinker.