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News from the area: Due to production companies’ maintenance
Cement soaring prices

Cement prices have recorded a 70% increase jumping thus from 290 dinars a sac to 500 dinars a sac, which means 1000 dinars a quintal. According to the available information, the index of average price increase is 30% which would certainly steep a rise in property prices. This hypothesis has been confirmed to El Khabar by some building contractors.
Head of Real Estate Promotion and Management Office stated: “speculation in construction materials, mostly cement, is the main reason for the concerned prices explosion.”
El Khabar Reporters said that cement prices reached record limits. This crisis has caused disruptions of many projects and stopping some others. Besides, among the factors that influenced cement prices are the numerous building workshops of both public and private projects.
http://www.elkhabar.com/FrEn/lire.php?idc=52&ida=74380