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News Philippine government considering suggested retail price for cement

Philippine government considering suggested retail price for cement

Written by Global Cement staff 27 February 2019
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Philippines: Department of Trade and Industry (DTI) Undersecretary Ruth Castelo says that the government is considering implementing a suggested retail price (SRP) on cement. However, cement companies have previously resisted sharing information with the government to help it devise a SRP, according to the Philippine Daily Inquirer. The DTI is considering publishing a SRP for cement due to consumer concerns about prices rises following newly introduced tariffs on imports. To do so it will need cement producer costs for labour, raw materials, fuels and logistics.

Published in Global Cement News
Tagged under
  • Philippines
  • Government
  • Department of Trade and Industry
  • Price
  • GCW393

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