Cement News tagged under: price hike
Cement prices rise in northern Pakistan16 April 2018, Published under Cement NewsCement prices in Pakistan, after registering a drop of almost 10 per cent over the last nine months, have started to increase in the northern region. Prices rose by PKR20 (US$0.17) on average, while prices have remained stable in the south. In Lahore the multiple brands of cement bags available have increased from an average of PKR505/50kg bag to PKR525. |
Construction activity to be disrupted in Andhra Pradesh12 February 2018, Published under Cement NewsConstruction activity in Andhra Pradesh, India is expected to face disruption after the cost of cement has risen by INR20-30 (US$0.3-0.4)/50kg bag. The price hike, which has taken place over the last two months, includes other construction materials such as steel and hardware materials. Over 5000t of cement is purchased every month in the Amaravati region of the state, according to The Hans India. The region has seen a price increase from INR230-250/50kg bag to INR260-290/50kg bag. GS... |
Nepal cement manufacturers ordered to decrease prices23 January 2018, Published under Cement NewsThe government of Nepal has directed cement companies to decrease the price of cement within three days, reports myRepública. This follows a price hike of 10-16 per cent in some regions, while factory input cost has only increased 7-9 per cent. "This is the case of the artificial price hike. That is why we have asked cement manufacturers to roll back the price hike decision within three days," said Laxman Shrestha, director, Department of Supply Management and Protection of Consumers Inter... |
Cement prices rise in Nepal12 January 2018, Published under Cement NewsThe price of cement in Hetauda, Bhairahawa and Biratnagar has risen by up to NPR160 (US$1.56)/bag, according to The Kathmandu Post. Cement producers claim this to be the result of the higher cost of raw materials such as clinker, gypsum and fly ash. However, some consumers have alleged that the price hike is artificial and cartelisation is to blame. "Manufacturers collude with each other to hike prices while consumers regard recent price increases as a black market. We demand that this pr... |
Bridge closures in Ghana raise cement prices19 December 2017, Published under Cement NewsThe price of cement in Tamale, Ghana, has risen to GHS34-35 per bag (US$7-7.70 per bag), an increase of GHS3, on the back of a cement shortage due to bridge closures in the the Central Gonja District. The price hike is a result of Dangote requiring an alternative transport route and Diamond Cement halting production. The bridges are closed for major repair work to save them from further deterioration. |
Indian cement companies expected to raise prices20 November 2017, Published under Cement NewsIndian cement companies are expected to raise cement prices in reaction to the recent ban on petcoke and furnace oil, which came into effect in Uttar Pradesh, Haryana and Rajasthan. The ban is expected to affect in particular Shree Cement, JK Cement, JK Lakshmi Cement, Ambuja Cement, India Cements and ACC, which operate in these states. The price hike is predicted to be around INR10 (US$0.15)/bag. Other parts of the country could be affected in the future as the Supreme Court has rec... |
Himachal cement companies shelve price hike plans13 October 2017, Published under Cement NewsAn intervention by Chief Minister Virbhadra Singh has forced two subsidiaries of LafargeHolcim with cement plants in Himachal Pradesh to reduce their prices by INR5 per bag in the state. Ambuja and ACC have agreed in principle to reduce the price with immediate effect, a government spokesperson said. The cement price was enhanced from INR360/bag (US$5.54) by the companies on Tuesday. UltraTech Cement Ltd, which took over Jaypee Cement, was also directed not to enhance the rate, an official... |
Taiwan Cement further hikes price in China30 September 2014, Published under Cement NewsTaiwan Cement announced a further rise in cement prices in China’s Guandong province due to the increasing demand in the domestic market. The price hike follows an earlier increase in August . The company hiked prices in the country’s key market by CNY20 (US$3.26)/t. High-grade cement now costs CNY340/t, up from CNY320/t. Taiwan Cement said demand in the Pearl River Delta area expanded considerably in late September as inventories fell due to construction projects ahead of the 1 Octo... |