Hetauda Cement hikes prices, Nepal

Hetauda Cement hikes prices, Nepal
04 April 2014

The board of Hetauda Cement Industries Ltd decided on Tuesday to raise the price of cement due to increased raw material costs.

The Nepalese-based cement producer is to increase prices by NPR28.25/bag (US$0.30), the Kathmandu Post reported. Following the revision, the price of a bag of cement will cost NPR684.78 for dealers while development projects it will be NPR696.08. The retail price has been fixed at NPR718/bag but will cost NPR840 in Kathmandu, according to the company.

This is the second price increase to be implemented by the state-owned cement producer in six months.

Published under Cement News