Karachi, July 06, 2021 (PPI-OT): Cement price update

As per our channel checks, Cement prices in the Southern region have been increased by Rs25/bag. The increase in prices is mainly to pass on the Coal price impact.

Where prices in North region increased by Rs15/bag last week, we believe there is going to be another hike this week to the tune of Rs10-15/bag which would take the retail price in North to ~Rs650/bag.