2 Days
Source:
MTV Lebanon
Consumer Group Urges Price Discrepancy Probe
The Consumer Association in Lebanon has called for an investigation into the significant difference between the official cement prices, which amount to about $69 per ton, and the circulating prices ranging between $250 and $300 in the market, based on consumer complaints and field inspections. It emphasized that this disparity raises questions about the level of competition in the market and who benefits from the ongoing high prices, especially with imported cement from Arab countries such as Egypt and Iraq available at lower prices. The association urged for the disclosure of the true production costs, adherence to competition laws, and the facilitation of imports to ensure a more transparent market management and to reduce the high prices.
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