Uzbekistan cement manufacturers to sell at fixed prices

Uzbekistan’s cement manufacturers plan to open points of sale at fixed prices to customers, in the hope that this will prevent speculation in the market. Qizilqumsement JSC and Bekabadcement JSC have already begun this initiative, according to Trend News. The points of sale are expected to open in all major cities and districts of the country.

The cost of cement in the country varies between UZS430,000-490,000/t (US$52-60/t), depending on region. Uzbekistan has a total capacity of 8.5Mta with the largest producers, Qizilqumsement JSC and Akhangarancement JSC, contributing 3.1Mta and 1.7Mta, respectively. According to Uzbekistan Building Materials JSC, cement holds a majority share of 76 per cent in the total volume of construction materials produced in the country.