Economy & Market

India to face gypsum shortage

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Cement industry in India will have to depend on imported gypsum from distant countries like Egypt, Turkey, Mexico, etc., at very high FOB price for the Indian cement producers. As highlighted by Confederation of Indian Industry and consulting firm AT Kearney in their recent report, the Indian cement manufactures are likely to face issues regarding availability and cost of gypsum in the coming years.

The recent changes in Oman?s mining regulations will be effective in reducing the substantial increase in export quantity of gypsum and fundamentally support upward trend in Oman gypsum FOB prices, by limiting additional gypsum supply. Gypsum exports quantity from Oman in 2014 may touch close to 5 million tonnes. The country has so far exported 2 million tonnes.

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