Pakistan prices on the up

Pakistan prices on the up
18 June 2010

Cement manufacturers in the Northern region have pushed up price of 50 kg bag of cement by PKR40 after the budget to PKR285-290 from PKR245-250, according to local reports. In other parts of the Northern region, a 50 kg bag was available at PKR280-285 as compared pre-budget price at PKR260-265. However, cement makers in Southern region said they have not raised prices yet.

Chairman, All-Pakistan Cement Manufacturers Association, Asmat Ullah Khan Niazi, linked the price-hikes to the April power tariff increase of six to seven per cent following the coal price hike to US$115-120 per ton from US$103 per ton within a month.

Last year, when coal was available at $80-85 per ton the cement bag was selling at PKR240 per 50 kg bag.
Published under Cement News