Monday, October 20, 2008

6.2.1 Cost of Product

As a member of CIMA (Cement Industry of Malaysia Berhad) we are expected to get the cement at a distributor price. So for each of the product, we sell them at market price.

  • Blue Lion Cement: Type I Portland Cement : RM 18.50 per bag
  • Blue Lion Masonry Cement : RM 17.50 per bag
  • NS Cement Type I Portland Cement and Type II : RM 20.50 per bag
  • Twinlion Cement Type I Portland Cement and Type II : RM 17.50 per bag

6.2.2 Competitive Price

Cement is a product that has ceiling price. According to the Reuters, Malaysia's cement market is dominated by five large producers following an industry consolidation after the 1997/98 Asian financial crisis. The price of cement rose to RM217 ($61) per tonne from RM198 for consumers in the northern states of the Malaysian peninsula. We provide cement by giving the customer with lower than the market price.