Gypsum industry news

Oman: Exports of gypsum rose by 29% year-on-year to 3.29Mt in the first five months of 2017 from 2.55Mt in the same period in 2016. The boost in export volumes mainly arose in April and May 2017, according to data from the Oman Gypsum Association. Data from the Department of Primary Industries and Mines (DPIM) in Thailand suggests that gypsum exports have fallen from that country so far in 2017. Omani gypsum producers hope to take advantage of a growing supply deficit in Asian export markets.

Oman: The chief executives of the major gypsum mining companies have endorsed new regulations issued by the Public Authority for Mining (PAM) calling for a minimum export price for gypsum. The company leaders also agreed to establish the Oman Gypsum Association (OGA), an organisation intended to support the industry, according to the Oman Daily Observer newspaper. The decision follows the intervention by the PAM in December 2016 when it set minimum export freight on board (FOB) price for raw gypsum at US$12.50/t.

Following the intervention, local gypsum exporters are barred from exporting raw gypsum below this price. Those found in breach of this regulation will be denied export permits, while repeat offenders could have their mining licences removed.