Increasing Ex-factory Cement Price To Lower Market Price'

摘要

The Deputy Minister of Construction Nguyen Tran Nam has denied the news on a new cement fever after the intervention of authorities. At the meeting on May 21, Nam said that the ministry has still proposed the government increase ex-work cement price. Right after some newspapers gave the news that cement price in Ho Chi Minh City surged to between VND118,000 and VND120,000 per package, the Deputy Minister Nguyen Tran Nam has affirmed the information is groundless. "Cement scarcity is impossible. On the contrary, cement supply is great and the price tends to decrease. The news on cement price hike is aimed only to disturb the market. The Ministry of Construction are trying to discover the agents and trading stores asking such high price for punishment," Nam said angrily.