Pakistan prices see further rises

Cement producers in the Sindh and Balochistan regions have increased cement prices by PKR10/bag – the second increase in just over two weeks, according to reports by local press.

Cement prices were hiked by PKR10-15/50kg bag on 26 March citing a rising demand in the summer as a reason. This followed a January 2012 rise, where prices increased by PKR2.5/bag. Analysts said repeated hikes in cement prices would affect construction activities as the construction cost of many projects would go up.