Cement prices fall in Pakistan's northern zone

Cement prices fall in Pakistan's northern zone
20 October 2017

Competition among the cement players, particularly in Pakistan's northern zone, and seasonal fall in demand have triggered a cement price discount. BMA Capital states that cement prices in the north have fallen by another PKR10-15/bag (US$0.09-0.14) since mid-October 2017.

The new retail price range now hovers around PKR460-500/bag, while the list price still remains at PKR510-520/bag, reflecting discounts of PKR20-50/bag.

On the other hand, prices in the south remain stable ranging from PKR580/bag to PKR605/bag.
Experts believe the recent wave of price discounts seen in the north can be attributed to the drive of local manufacturers to maintain market share amid weak (seasonal) demand.

Published under Cement News

Tagged Under: Pakistan cement prices