Commodity Brokerage / Dry Commodities / Cement / Clinker

Dry Commodities

Cement / Clinker

Cement and clinker are internationally traded construction materials where product grade and freight are central to delivered economics.

MARKET REFERENCES

How the market commonly references price

There is rarely one universal price for a physical commodity. Commercial value depends on the benchmark, specification, origin, destination, timing and logistics agreed between buyer and seller.

  • Platts CEMDEX FOB Turkey
  • Clinker FOB Turkey (CLX)
  • FOB Vietnam cement / clinker
  • Destination CFR/CIF assessments

TYPICAL COMMERCIAL STRUCTURE

How physical pricing is often built

Typical structure: FOB benchmark or negotiated plant/export price ± grade differential + ocean freight = CFR/CIF destination equivalent. Many transactions are also agreed outright in $/mt.

PRICE DRIVERS

What moves the physical differential?

  • Cement / clinker grade
  • Energy and fuel cost
  • Plant utilisation
  • Carbon-related costs
  • Freight

PHYSICAL TRADE

Commercial considerations

Bulk parcels commonly move on Handy/Supramax tonnage. Bagged and jumbo-bag transactions have different handling economics.

The examples on this page describe common market conventions at a high level. Actual contracts can use different pricing periods, assessments, quality adjustments, Incoterms and negotiated differentials.

Market methodology reference: view source / methodology

PHYSICAL COMMODITY BROKERAGE

Discuss a Cement / Clinker requirement.

Share the specification, quantity, origin or destination, delivery basis and timing.

Contact AZA Green