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S&P Global Commodity Insights Launches Weekly Platts Cement Price Assessments for Turkey and Associated Freight to Europe and North America

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S&P Global Commodity Insights has launched pioneering weekly cement and cement clinker price assessments for Turkey and associated freight to Europe and North America. This marks the first-ever cement assessments by a Price Reporting Agency in a market valued at approximately $400 billion.

The initiative comes as the cement industry, accounting for about 8% of global emissions, faces increasing pressure for decarbonization and transparency. The assessments are particularly significant given upcoming regulations like the EU's Carbon Border Adjustment Mechanism in 2026.

Turkey's position as a major cement and clinker trader, supported by strong logistics, quality standards, and strategic location, makes it a important focus for these assessments. The new suite incorporates market data including bids, offers, trades, and other indicators to reflect spot market values at key cement hubs.

S&P Global Commodity Insights ha lanciato valutazioni settimanali pionieristiche sui prezzi del cemento e del clinker di cemento per la Turchia, inclusi i costi di trasporto verso l'Europa e il Nord America. Questo segna le prime valutazioni sul cemento da parte di un'agenzia di reporting sui prezzi in un mercato del valore di circa 400 miliardi di dollari.

L'iniziativa arriva mentre l'industria del cemento, che rappresenta circa l'8% delle emissioni globali, affronta crescenti pressioni per la decarbonizzazione e la trasparenza. Le valutazioni sono particolarmente significative in vista delle prossime normative, come il meccanismo di adeguamento del carbonio alle frontiere dell'UE previsto per il 2026.

La posizione della Turchia come importante commerciante di cemento e clinker, supportata da una logistica forte, standard di qualità e una posizione strategica, la rende un importante punto di riferimento per queste valutazioni. Il nuovo pacchetto incorpora dati di mercato, comprese offerte, richieste, scambi e altri indicatori per riflettere i valori del mercato spot nei principali hub del cemento.

S&P Global Commodity Insights ha lanzado evaluaciones semanales pioneras de precios de cemento y clínker de cemento para Turquía, incluidos los costos de transporte a Europa y América del Norte. Esto marca la primera evaluación de cemento realizada por una Agencia de Reporte de Precios en un mercado valorado en aproximadamente 400 mil millones de dólares.

La iniciativa llega en un momento en que la industria del cemento, que representa alrededor del 8% de las emisiones globales, enfrenta una creciente presión por la descarbonización y la transparencia. Las evaluaciones son particularmente significativas ante la próxima regulación, como el Mecanismo de Ajuste en Frontera de Carbono de la UE en 2026.

La posición de Turquía como un importante comerciante de cemento y clínker, respaldada por una logística sólida, estándares de calidad y una ubicación estratégica, la convierte en un foco importante para estas evaluaciones. El nuevo paquete incorpora datos de mercado, incluidas ofertas, demandas, intercambios y otros indicadores para reflejar los valores del mercado al contado en los principales centros de cemento.

S&P 글로벌 상품 인사이트는 터키의 시멘트 및 시멘트 클링커 가격 평가와 유럽 및 북미로의 운송 비용에 대한 주간 평가를 개시했습니다. 이는 약 4000억 달러 규모의 시장에서 가격 보고 기관에 의한 최초의 시멘트 평가가 됩니다.

이 이니셔티브는 전 세계 배출량의 약 8%을 차지하는 시멘트 산업이 탈탄소화 및 투명성에 대한 압력을 점점 더 받고 있는 상황에서 진행됩니다. 이러한 평가는 오는 2026년 EU의 탄소 국경 조정 메커니즘과 같은 규제가 예정되어 있는 만큼 특히 중요합니다.

강력한 물류, 품질 기준 및 전략적 위치에 의해 지원되는 터키의 주요 시멘트 및 클링커 거래자 위치는 이러한 평가에 중요한 초점이 됩니다. 새로운 패키지는 주요 시멘트 중심지에서 현물 시장 가치를 반영하기 위해 입찰, 제안, 거래 및 기타 지표를 포함하는 시장 데이터를 통합합니다.

S&P Global Commodity Insights a lancé des évaluations hebdomadaires révolutionnaires des prix du ciment et du clinker de ciment pour la Turquie, ainsi que des coûts de transport vers l'Europe et l'Amérique du Nord. Cela marque la première évaluation du ciment par une agence de reporting de prix sur un marché évalué à environ 400 milliards de dollars.

Cette initiative intervient alors que l'industrie du ciment, représentant environ 8% des émissions mondiales, subit une pression croissante en faveur de la décarbonisation et de la transparence. Les évaluations sont particulièrement significatives compte tenu des réglementations à venir, comme le Mécanisme d'Ajustement Carbone aux Frontières de l'UE en 2026.

La position de la Turquie en tant que grand commerçant de ciment et de clinker, soutenue par une logistique solide, des normes de qualité et une situation géographique stratégique, en fait un point focal important pour ces évaluations. Le nouveau paquet intègre des données de marché comprenant des offres, des demandes, des transactions et d'autres indicateurs pour refléter les valeurs du marché au comptant dans les principaux hubs de ciment.

S&P Global Commodity Insights hat bahnbrechende wöchentliche Preisbewertungen für Zement und Zementklinker in der Türkei sowie die Frachtkosten nach Europa und Nordamerika gestartet. Dies stellt die erste Zementbewertung durch eine Preisberichterstattungsagentur auf einem Markt dar, der auf etwa 400 Milliarden Dollar geschätzt wird.

Die Initiative kommt zu einem Zeitpunkt, an dem die Zementindustrie, die etwa 8% der globalen Emissionen ausmacht, unter zunehmendem Druck zur Dekarbonisierung und Transparenz steht. Die Bewertungen sind besonders bedeutend angesichts bevorstehender Vorschriften wie des EU-Mechanismus zum Grenzausgleich von Kohlenstoffemissionen im Jahr 2026.

Die Position der Türkei als bedeutender Händler von Zement und Klinker, unterstützt durch starke Logistik, Qualitätsstandards und eine strategische Lage, macht sie zu einem wichtigen Schwerpunkt für diese Bewertungen. Das neue Paket umfasst Marktdaten wie Gebote, Angebote, Transaktionen und andere Indikatoren, um die Spotmarktwerte an den wichtigsten Zement-Hubs widerzuspiegeln.

Positive
  • First-mover advantage in providing cement price assessments in a $400 billion market
  • Strategic expansion of S&P Global's commodity assessment portfolio
  • Timing aligns with increasing regulatory demands for transparency in cement industry
Negative
  • None.

Insights

The launch of Platts cement price assessments marks a strategic expansion of S&P Global's commodity intelligence portfolio, with several key implications for investors:

Market Leadership & Revenue Opportunities: By becoming the first Price Reporting Agency to offer cement assessments, SPGI strengthens its market-leading position in commodity price benchmarking. This first-mover advantage in a $400 billion market presents significant revenue potential, particularly as environmental regulations drive demand for pricing transparency.

Strategic Timing & Regulatory Catalysts: The launch is perfectly timed to capitalize on two major tailwinds: 1) The implementation of the EU's Carbon Border Adjustment Mechanism in 2026, which will create mandatory reporting requirements and drive demand for pricing data and 2) Increased focus on cement's 8% contribution to global emissions, making pricing transparency important for sustainability reporting.

Competitive Moat Enhancement: This initiative reinforces SPGI's competitive advantages in several ways:

  • Expands the company's already substantial database of commodity prices
  • Creates network effects as market participants adopt these new benchmarks
  • Strengthens relationships with existing customers who can now access cement data alongside other commodities

Growth Catalyst: The timing aligns perfectly with anticipated reconstruction efforts in the Eastern Mediterranean region, which should drive increased cement trading activity and consequently, greater demand for SPGI's price assessments. This geographic expansion also positions SPGI to capture growth in emerging markets where construction activity remains robust.

First in Market Assessments Meet Growing Information Needs of Global Construction Industry

NEW YORK and LONDON, Jan. 23, 2025 /PRNewswire/ -- Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the metals, commodities, energy and energy transition markets, today announced the launch of a pioneering suite of cement and cement clinker price assessments, marking a first in the market.

Cement, the key ingredient in concrete — the world's second most consumed product — serves as the foundation of the global construction industry. Clinker is an essential component in cement production particularly in the manufacturing of Portland cement. With an estimated market value of $400 billion, cement transactions have traditionally involved a limited number of producers and end users. The push for decarbonization is driving a heightened demand for price transparency, as cement accounts for approximately 8% of total global emissions, according to the World Economic Forum. New regulations such as the EU's Carbon Border Adjustment Mechanism set to take effect in 2026, are increasing pressure on cement producers to meet environmental sustainability standards.

Robert Beaman, Global Director of Fertilizers and Minerals at S&P Global Commodity Insights, commented: "We are thrilled to announce the launch of our inaugural cement price assessments for Turkey and associated cement freight to Europe and North America, a groundbreaking initiative that underscores the significant size and importance of the global cement market. As the industry faces increasing scrutiny over carbon emissions, these assessments provide essential transparency and high-quality information to market participants. This launch marks the first-ever set of cement assessments by a Price Reporting Agency, reinforcing Platts' commitment to supporting the cement sector as it adapts to evolving regulatory and reporting requirements."

Turkey is a leading player in the global cement and clinker trade. The country is bolstered by outstanding logistics capabilities, strict adherence to quality standards and well-established relationships with major importers. Turkey's strategic geographical location further enhances its role as a key cement supplier in the region, which is anticipated to expand as neighboring countries embark on rebuilding efforts following recent conflicts in the Eastern Mediterranean region.

The introduction of these cement and clinker assessments further promotes transparency across the broader minerals value chain, meeting information needs of participants. Cement and clinker are vital in the construction industry, complementing S&P's coverage of metals and chemicals, including the use of steel rebar and copper pipes, as well as nylons for windows, paints, lacquers, and polyurethane for insulation.

The new suite of S&P Global Commodity Insights cement and clinker price assessments incorporates market data to reflect the value of cement, clinker, and associated freight in the spot market, taking into account bids, offers, trades, and other indicators — providing insights into pricing at key cement hubs.

Click on the links to access the subscriber note, and FAQ. S&P Global Commodity Insights also offers a comprehensive suite of fertilizer and minerals assessments, including benchmarks in ammonia, urea, sulfur, and phosphate markets. For further details on S&P Global Commodity Insights' fertilizer offerings, visit: Fertilizers | S&P Global.

Media Contacts: 

Americas: Kathleen Tanzy + 1 917-331-4607, kathleen.tanzy@spglobal.com 

EMEA: Paul Sandell + 44 (0)7816 180039, paul.sandell@spglobal.com 

Asia: Melissa Tan + 65-6597-6241, melissa.tan@spglobal.com   

About S&P Global Commodity Insights 

At S&P Global Commodity Insights, our complete view of global energy and commodity markets enables our customers to make decisions with conviction and create long-term, sustainable value.  

We're a trusted connector that brings together thought leaders, market participants, governments, and regulators and we create solutions that lead to progress. Vital to navigating commodity markets, our coverage includes oil and gas, power, chemicals, metals, agriculture, shipping and energy transition. Platts® products and services, including leading benchmark price assessments in the physical commodity markets, are offered through S&P Global Commodity Insights. S&P Global Commodity Insights maintains clear structural and operational separation between its price assessment activities and the other activities carried out by S&P Global Commodity Insights and the other business divisions of S&P Global.   

S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information visit https://www.spglobal.com/commodity-insights/en.

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SOURCE S&P Global Commodity Insights

FAQ

What are the new cement price assessments launched by S&P Global (SPGI) in 2025?

S&P Global launched weekly Platts cement and cement clinker price assessments for Turkey and associated freight to Europe and North America, marking the first such assessments by a Price Reporting Agency.

Why is Turkey significant for SPGI's cement price assessments?

Turkey is a leading global cement trader with strong logistics capabilities, quality standards, and strategic geographical location, making it a key supplier particularly for rebuilding efforts in the Eastern Mediterranean region.

How will the EU's Carbon Border Adjustment Mechanism affect SPGI's cement assessments?

The mechanism, effective 2026, will increase pressure for price transparency and environmental sustainability standards in cement production, making SPGI's assessments more valuable for market participants.

What market factors are included in SPGI's cement price assessments?

The assessments incorporate market data including bids, offers, trades, and other indicators to reflect spot market values at key cement hubs.

What percentage of global emissions does the cement industry account for?

According to the World Economic Forum, the cement industry accounts for approximately 8% of total global emissions.

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