Vietnam Cement Association to increase prices after Q2

Vietnam Cement Association to increase prices after Q2
Published: 07 May 2004

The Vietnam Cement Association (VCA) has made it clear that its members will be unable to maintain prices after the second quarter because of increasing input costs. For the moment, its members will maintain wholesale prices despite price increases in the retail market of 5-7 per cent. VCA’s president Nguyen Van Thien said members will hold wholesale prices at least for the next two months as cement stocks are high at 1.3Mt