Industrial sector said prices of Jordanian cement products are within their “normal” average, adding that most factories maintained their prices unchanged despite the hike in energy costs, triggered by by imported coal and diesel.
In a joint press statement on Thursday, the Kingdom’s industry chambers said some factories raised cement price per tonne by a rate ranging between JD4 to JD5, adding that the “hike does not reflect the increase in real cost to manufacturers.”
Traders hiked prices of bagged black cement in the local market by JD10 per tonne, as the cost per tonne jumped over the past days from JD83 to JD93, including sales tax, said the statement.
The chambers noted the industrial sector is “keen to stabilize commodity prices locally and maintain their sustainability,” which was proven during the Covid-19 crisis, which remained stable within their normal averages despite the high prices of raw materials, in a bid to protect citizens’ interests and dodge any additional burdens in light of the pandemic. which negatively affected all.
The statement issued by industry chambers of Jordan, Amman, Irbid and Zarqa, indicated that production capacity of Jordanian cement factories is 10 million tonnes annually, while the local market’s “actual” need does not exceed 3 million tonnes.
According to the statement, local cement factories employ more than 10,000 citizens, with an investment exceeding JD2 billion.
Source: Jordan News Agency