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Strategies & Market Trends : Value Investing
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To: E_K_S who wrote (19861)12/15/2004 10:11:43 AM
From: Spekulatius  Read Replies (1) of 78620
 
re CEMEX - WSJ article 12/14/04 Ship endures troubled Waters in Mexico

Interesting article about a cement cargo ship and it's cargo set aground in Mexico by bureaucracy that is influenced by Cemex. As i mentioned before Mexico's cement prices are some of the highest worldwide, which is amazing given Mexico's access to cheap energy and the fact that it is still a 2nd world nation. Cemex is protecting it's home base with more than just it's high market share.
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