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News Nepalese cement producers ordered to reduce prices

Nepalese cement producers ordered to reduce prices

Written by Global Cement staff 24 January 2018
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Nepal: The Department of Supply Management and Protection of Consumers Interest (DSMPCI) has ordered cement producers to reduce their prices within three days. Following a survey the DSMPCI found that the price of cement had risen by 10 – 16% in recent weeks despite input costs, such as raw materials and transportation costs, only growing by 7 – 9%, according to the Republica newspaper. The department has issued its directive via the Nepal Cement Manufacturers' Association.

Last modified on 24 January 2018
Published in Global Cement News
Tagged under
  • Nepal
  • Price
  • Government
  • Nepal Cement Manufacturers' Association
  • Department of Supply Management and Protection of Consumers Interest
  • GCW337
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