US EditionCement producers blame prices on traders
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Cement producers blame prices on traders
Manufacturers of cement have broken the silence on the scarcity that has pushed up prices of the commodity on the market and blamed traders of cashing in on low supply. In the past month, the price of local cement has gone up from around K30 000 to as high as K44 000 per 50 kilogramme (kg) bag. The Nation spot-checks in Karonga, Nkhata Bay, Salima, Balaka, Blantyre and Mangochi showed that prices of locally-produced cement ranged from K36 500 fo…
·Blantyre, Malawi
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