Economy Building Materials Division: Cement prices are stable on the...

Building Materials Division: Cement prices are stable on the market .. 640 pounds per ton Factory delivery

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Cement prices witnessed today, Saturday 22 – 2 – 2020, stability in the local market, where the price of tons recorded 640 pounds, factory delivery and the maximum price reaches 740 pounds, as confirmed by the Building Materials Division of the Cairo Chamber of Commerce, and that the price of tons in the market for consumers starts from 750 pounds and reaches a maximum of 800 Pounds of tons.

Ahmed Al-Zaini, head of the Building Materials Division of the Cairo Chamber of Commerce, emphasized that the cement price witnessed stability today and recorded the price of a ton of factory delivery starting from 640 pounds to 740 pounds, while the consumer price starts after calculating the costs of transportation and loading and the profit margin for rent so that the price per ton starts from 750 Up to 800 pounds per ton.

The head of the Building Materials Division of the Cairo Chamber of Commerce has emphasized the role of national cement factories in reducing prices within the Egyptian market during the past days, indicating that they have proven their efficiency and global quality thanks to national efforts to maintain the Egyptian cement industry.

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It is worth noting that the Building Materials Division of the Cairo Chamber of Commerce confirmed that cement prices may witness a decrease at the beginning of the year due to several factors including an increase in the number of national factories in Egypt, which creates competition between factories and some of them where the price represents one of the elements of competition between companies and some of them in addition to loans Marketing provided by companies to traders and suppliers, international prices are one of the elements that contribute to the decline in prices and the decrease in the price of tons, unlike the decline in sales with the increase in local production of cement, all of which contribute to reducing prices in the market.

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