Monday, October 20, 2008

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.

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