Cement Prices to be Fixed Every 4 Months from Next Year


20 June 2007


PUTRAJAYA, TUES: Cement prices will be fixed every four months from next year under an automatic pricing mechanism, Deputy Prime Minister Datuk Seri Najib Tun Razak announced today.


Currently, cement prices are based on supply and demand, he said.


The decision was made at today's meeting of the cabinet committee on essential goods, he told reporters after chairing the meeting.