Cement prices drop after ministry intervention

An official source from Omani Ministry of Commerce and Industry has said measures made recently by the ministry’s consumer production department to regulate export of local cement has succeeded in curbing the hike in cement prices.  He said regular follow-up reports received by the ministry indicated that cement prices in the Sultanate were less by 40 per cent when compared with prices prevailing in the wider region.  The official said cement price in the district of Nizwa currently stands at RO1.350 per 50kg bag, in the district of Bahla RO1.400, in the district of Ibri RO1.250, in the district of   Haima RO1.600.