India: Assam property developers concerned over cement price rise
The Assam Real Estate and Infrastructure Developers Association (Areida) has said that a proposed rise in cement prices is “unreasonable”, the Times of India reports.
Cement Prices
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Philippines: consumers complain over quality and prices
The National Consumer Affairs Council (NCAC) has called on the Department for Trade and Industry (DTI) to take action on complaints about substandard cement entering the market,...
India: fresh calls for Kerala to control rising cement prices
The price of cement in Kerala – which has reached up to INR430/bag (US$6.40) – has again provoked calls for the state government to intervene, reports the Hindu.
Sri Lanka: Tokyo Cement Company calls for end to price controls
Tokyo Cement, the largest cement producer in Sri Lanka, has called on the government to end controls and allow the market to set prices, Colombo’s Daily Mirror reports. In 2015 ...
India: Kerala businesses protest high cement prices
The Government Contractors Association (GCA) in Kerala has hit out at the state government’s failure to control cement prices, which have reached INR430 (US$6.40) for a 50kg bag...
Nigeria: cement prices increase
According to The Guardian Nigeria market research, there has been a fluctuating increase in cement prices since May 2016. Previously prices had been reduced by Dangote Cement Pl...
India: Delhi real estate developers to boycott Shree Cement
The Confederation of Real Estate Developers' Associations of India’s (CREDAI’s) regional representatives in Delhi have announced that they will boycott Shree Cement, according t...
Nigeria: producers hit by falling prices now face naira devaluation
The devaluation of the naira – agreed in principle by the Central Bank of Nigeria in May – will hit Nigerian producers’ revenues, Bernstein warns. The decision to revalue marks ...
Cameroon: Government hopes Mintom quarry will bring down cement prices
The government of Cameroon has called on investors to help develop the Mintom limestone deposit, located in the country’s southeast, in the hope that this would lead to lower ce...
India: JK Cement annual profits down 35.3%
The Times of India reports that JK Cement’s standalone net profit for 2015-16 was down 35.3 per cent on the previous year to INR1.015bn (US$15.1m). Quarterly profits for the per...