KARACHI: Lucky Cement has decreased its prices to Rs 25 per bag in North from the 17 August.
Other cement manufacturers are also offering Rs 15 per bag decrease in prices in North. Cement businessmen increased the prices to Rs 40 in the last month included Federal Excise Duty. The decreased in the prices will cut the Lucky cement profits to estimated 4%..
In the local 80% demands came from the North and companies were compelled to give them some benefits to boost their sales in this all important area of business. so the Cement manufacturers were offering discounts in order to seize more market share in this area.