March 15: Decline in Cement Prices Today in the Egyptian Market
Cement prices experienced a decline in Egypt's local markets today, with the average price of a ton of gray cement dropping by 25 EGP, as reported by the local and global price portal of the Cabinet.
Today, Friday, March 15, 2024, Egypt's local markets saw a decrease in cement prices, according to the local and global price portal managed by the Cabinet. While other types in the market remained stable, the average price of a ton of gray cement fell to 2,336 EGP, marking a decrease of 25 EGP per ton, with the lowest price recorded at 2,000 EGP.
The decrease extends over the month, with gray cement prices dropping by 132 EGP per ton, reflecting a series of declines witnessed in the past week according to the local price portal.
Today's Cement Prices in the Egyptian Market:
- Gray Cement: 2,336 EGP per ton.
- Swedish Cement: 2,070 EGP per ton.
- South Valley Cement: 1,910 EGP per ton.
- Nile Valley Cement: 1,900 EGP per ton.
- Nasr Cement: 1,910 EGP per ton.
- Military Cement: 1,960 EGP per ton.
- Beni Suef Cement: 1,910 EGP per ton.
- Helwan Cement: 1,980 EGP per ton.
The prices listed are for delivery from the factory, and they may slightly increase at retailers after adding expenses and profit margins. This update provides an insight into the fluctuating cement market in Egypt, essential for stakeholders in the construction industry.
Source
El Watan News - A leading Egyptian news outlet providing the latest updates on national events and economic developments.
