CMS Cement raises price by 5% for dealers in Sarawak, Malaysia

CMS Cement raises price by 5% for dealers in Sarawak, Malaysia
Published: 02 August 2011

Sarawak’s sole cement manufacturer CMS Cement Sdn Bhd has raised the price of Portland cement to cement dealers across Sarawak by RM15/t (US$5) or five per cent.

CMS Cement is a a wholly-owned subsidiary of Cahya Mata Sarawak Bhd.

The price increase was “unavoidable” in view of the continuously increasing costs of raw materials and bunker fuel, CMS said in a statement yesterday.

According to the company, the price hike was its first in three years.