Kenyan producers may raise prices

Kenyan producers may raise prices
Published: 02 December 2010

Kenyan cement manufacturers may increase prices as they brace themselves for reduced margins amid higher costs for coal, Business Daily reported, citing Shah Miti, the managing director of Mombasa Cement.

Coal prices have risen to a two-year high of US$107/t, from US$89/t in August, on growing demand from countries including China, the Nairobi-based newspaper said.