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View Full Version : Cement price goes down



NewsWhore
09-11-2008, 05:10 PM
Industry and Commerce Minister Jose Ramon Fadul says the price of a bag of cement has dropped RD$10 and RD$15. Fadul says the nation's major cement producers had agreed on the price reduction. This decrease, nevertheless, is minimal compared to the steep climb in prices recorded in recent months. In August alone the price per bag of cement rose by RD$45 and peaked at RD$275. Cement producers attributed the increase in the price of cement to rising fuel prices. The decline in fuel prices, however, has not been reflected in the price of cement.

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