LAHORE – The cost of construction in Punjab is expected to climb after a key court ruling that imposed 6percenty royalty on cement manufacturers operating.
Prices of top brand cement saw slight changes, with each bag’s rates ranging from Rs1,350-Rs.1,450 depending on city. A recent ruling by the Lahore High Court is set to shake up industry, particularly for manufacturers operating in Punjab.
Cement Rates in Pakistan
| Brand | Price |
|---|---|
| Flying Cement | 1,350 |
| Cherat Cement | 1,375 – 1,380 |
| Kohat, Power & Paidar Cement | 1,380 – 1400 |
| Askari Cement | 1,380 – 1,400 |
| Lucky Cement | 1,390 – 1,400 |
| Pioneer Cement | 1,395 – 1,405 |
| Bestway Cement | 1,405 – 1,415 |
| DG Khan Cement | 1,415 – 1,425 |
| Maple Leaf Cement | 1,425 – 1,450 |
| Pakcem | 1,430 – 1,440 |
Cement prices are likely to climb higher in wake of latest ruling by Lahore High Court which ordered Punjab-based cement manufacturers to pay six percent royalty on retention price of raw materials.
The companies operating out of KP continue to enjoy substantial cost edge as the pay fixed royalty of Rs. 350 per 1000kg, quite lower than estimated Rs. 1,000 per ton cost under Punjab’s formula. Regional disparities in royalty rates may also influence pricing strategies and competition dynamics going forward.
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