Sarawak’s sole cement manufacturer CMS Cement Sdn Bhd has raised the price of Portland cement to cement dealers across Sarawak by RM15/t (US$5) or five per cent.
CMS Cement is a a wholly-owned subsidiary of Cahya Mata Sarawak Bhd.
The price increase was “unavoidable” in view of the continuously increasing costs of raw materials and bunker fuel, CMS said in a statement yesterday.
According to the company, the price hike was its first in three years.
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