Following the increase of input costs, domestic cement manufacturers have announced to increase the selling price of cement right in this March.
Currently, the price of input materials in cement production has increased, especially gasoline and coal prices have increased sharply, supply is scarce, leading to higher cement production costs.
In order to stabilize production and maintain product quality, a number of cement manufacturers have announced to adjust selling prices of cement bags and bulk cement from March 20.
The increase announced by enterprises is quite consistent, common at 100,000 VND/ton.
Specifically, Xuan Thanh Cement Joint Stock Company announced to increase the selling price of 100,000 VND / ton for cement bags and bulk cement (including VAT 8%) from March 20.
According to this manufacturer, the adjustment of the product selling price is based on the actual situation. Currently, the increase of input materials leads to an increase in product prices, so enterprises have to adjust selling prices to stabilize production and maintain product quality.
Ha Tien 1 Cement Service and Consumption Enterprise (Ha Tien Cement Joint Stock Company 1) announced to increase the selling price of Ha Tien Vicem Cement of all kinds of cement bags and jumbo bags by 100,000 VND/ton (already paid). include VAT).
The adjustment to increase the selling price is applied starting from March 23 for all types of bag cement and jumbo bag cement with an increase of 100,000 VND/ton (VAT included).
According to Vicem Ha Tien, although businesses have tried to find solutions to save production costs, maximize the efficiency of using raw materials, fuel, and materials, they still cannot offset the current high input costs. . Therefore, Vicem Ha Tien must consider rebalancing the selling price of cement to ensure a partial offset of increasing costs.
It is forecast that domestic cement manufacturers will continue to announce price adjustments in the coming days.
Adjusting to increase the selling price of cement is inevitable when production costs have increased dramatically in recent years, in which the strongest impact is on petrol and coal prices.
Vietnam Cement Corporation (Vicem) said, it is not now that input costs for cement production increase. In fact, in 2021, the prices of input materials, raw materials and fuels for cement production are higher than in 2020, in which, at one point, imported coal increased by about 300%: the average coal price in October 2021 is 240 – 250 USD/ton, while in October 2020 it is 75 – 80 USD/ton; Gypsum increased by about 40% … made the business efficiency of the business decrease.
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