Cement prices drop EGP 200

Cairo - Mubasher: Cement prices in Egypt decreased by EGP 200 per tonne, according to the building materials committee in the Cairo Chamber of Commerce.

Prices now stand at EGP 1,000 per tonne at the factory, and EGP 1,050 per tonne as a final price for the consumer, down from EGP 1,250.

The decrease in prices is due to the increase in supply as the forced arms efforts to secure supplies from North Sinai helped to rebalance the market, the chamber added.

Mubasher Contribution Time: 31-Mar-2018 20:28 (GMT)
Mubasher Last Update Time: 01-Apr-2018 05:43 (GMT)