Cement price update, Philippines

Cement price update, Philippines
Published: 12 May 2006

Cement firm Holcim Philippine Inc. has agreed to peg the retail price of a 40kg bag of cement at P178 here, the Department of Trade and Industry, regional office announced on Wednesday. The agreement came after Trade department and the cement firm monitored and observed a continuing increase in prices of some products, including cement, during the last two months due to shortage.