Sociedad Boliviana del Cemento hikes prices

Sociedad Boliviana del Cemento hikes prices
Published: 27 July 2011


Sociedad Boliviana del Cemento reports that a 50kg bag of cement now on costs BOB53.50 (US$7.8).


The company said the increase is due to accumulated inflation and rising production costs, forcing  the Sociedad Boliviana del Cemento to level its prices by 7%. Since 2009, inflation was 22.05%, while freight transport increased by more than 20%, staff costs, 32% and the price of raw materials, 60%.