10 months SRP on cement pushed MB |Biz
By Bernie Cahiles-Magkilat The Department of Trade and Industry (DTI) has yet to come up with a suggested retail price (SRP) on cement to the dismay of consumer group Laban Konsymer, Inc. which stressed that retail prices of this critical construction material has already gone up to P240 per bag. The DTI was supposed to come up with an SRP on cement following its decision to impose in February a provisional P8.40 per 40-kilogram bag safeguard duty on imported cement. The SRP on cement should ensure stable prices of cement while the Tariff Commission conducts a final determination whether or ... more