Northern Pakistan records fall in cement prices

Northern Pakistan records fall in cement prices
06 October 2017

According to industry sources, cement producers in the north region of Pakistan have increased the discount on cement prices effective 2 October 2017 by PKR10-15/bag to PKR480-495/bag (US$4.55-4.69). As a result, cement prices in the North are down 11-12 per cent from the high of PKR540-560/bag seen in Jul-August 2017.

However, prices in the southern region remain unchanged. Current price range of PKR570-605/bag reflects a premium of approximately PKR100/bag compared with the North (PKR40/bag after the adjustment for freight charges).

It is believed that the price discount could prove to be temporary and that prices will recover in near-term as demand picks up from October 2017.

Published under Cement News

Tagged Under: cement prices Pakistan