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News Insee Cement and Tokyo Cement approved by Sri Lanka Consumer Affairs Authority to raise prices

Insee Cement and Tokyo Cement approved by Sri Lanka Consumer Affairs Authority to raise prices

Written by Global Cement staff 06 March 2018
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Sri Lanka: The Sri Lanka Consumer Affairs Authority (CAA) has allowed Insee Cement and Tokyo Cement to increase the prices of a 50kg bag of cement. The Ministry of Industry and Commerce gave its approval subject to the ratification of the CAA as it is a price-controlled commodity, according to the Times of Sri Lanka newspaper. The cement producers made the request to raise their prices due to increasing costs of raw materials. However, the country’s three other producers have not made any request to the CAA to raise their prices and the cost of imported cement is reported unchanged.

Published in Global Cement News
Tagged under
  • Sri Lanka
  • Insee Cement
  • Tokyo Cement
  • Price
  • Sri Lanka Consumer Affairs Authority
  • Ministry of Industry and Commerce

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