Cement imports rise despite Philippines import tariff

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Philippines: Data from the Department of Trade and Industry (DTI) shows that imports of cement rose by 64% year-on-year to 1.74Mt in the first quarter of 2019 despite the introduction of a 4% tariff in January 2019. Imports were 1.06Mt in the same period in 2018, according to the Philippines News Agency. The production capacity utilisation factor of local producers is also reported to have fallen. The DTI says it will continue to monitor the situation.

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URL: https://globalcement.com/news/item/9302-cement-imports-rise-despite-philippines-import-tariff

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