Trending Now
Friday Feature: Arrows Christian Academy
Economics and the Infantilization of Culture
Finance Economists Warn Against Government as Shareholder
The Fed and Its “Neutral” Rates
The “Acid Rain” Scare and the Science-Industrial Complex
Rothbard on the Constitution
Green v. Tanner Brief: Juries, Not Judges, Need...
The “Acid Rain” Scare and the Science-Industrial Complex
Is Bari Weiss at CBS a New Direction...
BPOs reject work-safety claims after Cebu quake
  • About Us
  • Contacts
  • Email Whitelisting
  • Privacy Policy
  • Terms and Conditions
DailyProfitTips.com
  • Editor’s Pick
  • Economy
  • Investing
  • Politics
  • World News
EconomyEditor's Pick

Cement makers seek P600 safeguard duty on imports

by October 9, 2025
October 9, 2025

THE Cement Manufacturers’ Association of the Philippines (CeMAP) said it is seeking an increase in the safeguard duty for cement imports to P600 per ton.

“We are happy that the Tariff Commission recognized the injury to the domestic industry. But we will be more than happy if they can grant our prayer,” Renato A. Baja, executive director of CeMAP, told reporters on Thursday.

He said the industry group is seeking a safeguard duty of P600 per ton, against the P349 duty recommended by the Tariff Commission.

“Well… it is not enough,” he said, adding that the P600 request more closely reflects the actual injury done to the industry.

According to CeMAP, the basis for the P349 duty is the difference between the factory gate price for cement, which was adjusted to compete with imported cement prices, and the landed price for imported cement.

“We can live with our prayers of our P600 per ton. We can survive with that,” he added.

The Tariff Commission had imposed the P349 duty on imports of ordinary Portland cement type 1 and blended cement.

Mr. Baja said the volume of imported cement must be reduced to preserve the market share of domestic manufacturers.

He said manufacturers have surplus capacity of about 30%, indicating that Philippine cement makers can service domestic demand.

He said that since the provisional safeguard duties were put in place, imports have declined 19%.

In February, the Department of Trade and Industry ordered provisional safeguard duties of P400 per metric ton or P16 per 40-kilogram bag in the form of a cash bond on imports of ordinary Portland cement and blended cement. — Justine Irish D.  Tabile

previous post
DA lifts ban on imports of live poultry from six countries
next post
Negative list overhaul urged to expand foreign role in infra projects

Related Posts

Friday Feature: Arrows Christian Academy

October 10, 2025

Finance Economists Warn Against Government as Shareholder

October 10, 2025

Green v. Tanner Brief: Juries, Not Judges, Need...

October 9, 2025

BPOs reject work-safety claims after Cebu quake

October 9, 2025

Mindanao airports being readied to handle planes as...

October 9, 2025

FPI calls on Philippines to be ready to...

October 9, 2025

Gold ore and nickel top industry revenue in...

October 9, 2025

Waste-to-energy auction planned for next year 

October 9, 2025

Negative list overhaul urged to expand foreign role...

October 9, 2025

DA lifts ban on imports of live poultry...

October 9, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • About Us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2025 DailyProfitTips.com All Rights Reserved.

    DailyProfitTips.com
    • Editor’s Pick
    • Economy
    • Investing
    • Politics
    • World News