After the suspension of trade between India and Pakistan on 10 August, the price of cement in Punjab has increased by almost INR100/bag (US$1.38/bag), according to the Hindustan Times. Therefore, the price of a cement bag has risen from INR260-275 to INR360-375.
"Since Pakistan suspended trade with India, comparatively cheaper Pakistani cement has triggered a price rise in the domestically manufactured cement," said MPS Chatha, president of the All India Cement Importers Association.
Before the bilateral trade suspension, Pakistan was exporting 70,000-80,000 bags of OPC per day through the Attari international check post, until 16 February 2019, a day before India increased the customs duty to 200 per cent on all Pakistani imports.
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