UZEX: Cement prices are decreasing gradually — UzDaily.uz
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UZEX: Cement prices are decreasing gradually
UZEX: Cement prices are decreasing gradually

UZEX: Cement prices are decreasing gradually

Tashkent, Uzbekistan (UzDaily.com) -- Exchange prices for cement at Uzbekistan Commodity Exchange (UZEX) grew from January to August 2013, which can be observed especially during construction season, the press service of the exchange said.

In August, the highest price for cement was recorded in August. In the beginning of August, the average weighted price for cement of PC400 D20 mark was 543,000 soums per tonne.

After growth of offer at the exchange, the prices for cement started gradually decrease. In last week, the prices fell by 30% compared to August and reached 377,000 soums per tonne.

In opinion of traders, falling prices for cement at the exchange is also connected with decrease of demand as the construction season ends in Uzbekistan.

Overall, UZEX realized 3.3 million tonnes of cement of various marks in 8.5 months of 2013, which grew by 11% year-on-year.

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