PETALING JAYA: After a tough year battling problems like limited supply and going through a price war in 2005, cement companies look set for a more concrete year ahead.
Cement prices, for one, have stabilised and rebounded to about RM185 per tonne, against RM90 per tonne in the first half of last year when the price war occurred. This greatly narrows the margin of current prices to the RM198 ceiling price for bulk cement set by the Government. Although the cost of raw materials has, over the past few years, seen an average 30% increase, the difference is likely to be passed on to the customers through higher cement prices.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
