The price of cement in the Kinshasa market experienced a -10.6 per cent fall. The price of a 50kg bag fell from CDF12,300 (US$13.34) to CDF11,000.
The price fall is due to a combination of factors including the low activity on building sites, particularly following Christmas and New Year as well as a scarcity of bank notes in circulation. Normal sales of cement reach around 50-100 bags per day.
US tariffs will hit Greek and Canadian cement producers hardest
Canadian and Greek cement producers will be hit hardest by US tariffs. Adding to the already ann...