Philippines: cement prices to rise PHP7-10 a bag
Cement companies have advised retailers of a price hike of between PHP7-10 (US$0.16-0.23) per 40kg bag. The price rises will take effect as of next week, 8 March following the increased costs of fuel, raw materials and transport. The local cement industry is dominated by the three global cement firms: Lafarge, Cemex and Holcim.
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