Chinese Cement Targets Panama

An estimated 7,000 tons of cement from the Asian country have already entered the country, a product that is still stored and waiting to be commercialized.

Friday, November 30, 2018

Businessmen of the sector warn that norms and quality standards need to be established to regulate the entry into the country of imported material, which will compete with local production.

You may be interested in "Cement: Regional Purchases Up 9%"

Regarding the arrival of Chinese cement, Prensa.com reports that "... Local companies request that environmentally friendly conditions be demanded for products that arrive in the country, equivalent to Panamanian standards, to compete on equal terms."

The article adds that "... Sources from the sector assure that 7,000 tons or 164,000 sacks have already entered the country and are stored in a warehouse located in the community of Las Mananitas, Tocumen. As a strategy to promote the product, according to information from sources, samples have been distributed and delivered to hardware stores run by China's nationals."

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More on this topic

Cement in Costa Rica: More Competition and Better Prices

May 2016

The lower speed at which cement prices are growing is due to a dip in production costs and the market opening up to imports of the product from China.

The completion of large-scale construction projects, such as the Reventazon hydroelectric station, also explains the change in the price of cement which has gone from 7.8% in the first quarter of 2015 to 1.5% in the same period this year.

20% Cheaper Cement to be Sold in Costa Rica

April 2015

Costa Rican importers of cement from China have received the technical approval for its sale, and announced that it will be sold just over $10 per 50 kilo bag.

The Ministry of Economy, Industry and Commerce (MEIC) authorized the sale in Costa Rica of Chinese cement of the brand Sinocem arguing that "... there is no objection to the use of that product and it does not compromise the safety of persons."

Guatemala: Chinese Iron Rod Dumping Denounced

June 2014

Two companies in the sector have reported dumping of iron rods from China and are asking the government for temporary safeguards to be put on imports.

The companies Corporación Aceros de Guatemala (AG) and Aceros Suárez (ASSA) asked the Ministry of Finance to stop the importation of iron rods from China alleging unfair practices with prices of the material in the local market.

Rising Prices of Construction Materials

January 2013

In Panama cement prices increased between 11 and 12% from the first of January, and other materials are also rising.

Capital.com.pa reports that "With the construction boom and the arrival of the dry season, the country’s hardware stores have begun to record price increases in many of its products."

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