NewsWhore
02-03-2009, 05:10 PM
Reinforced bars for construction have dropped from RD$3,000 a quintal two months ago to RD$1,550, reflecting a major decline in demand. Listin Diario reports that nevertheless the bag of cement is holding to around RD$255, despite major declines in imported inputs. Cement producers say that the price of the fuel they use to run their operation has not declined. Prices on cement blocks have also declined. Hardware store owner Jose Jimenez said that Dominicans should make the most of the decline that he believes is only temporary.
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More... (http://www.dr1.com/index.html#5)