BQ Survey | Cement Prices Fall After Five Months In June

Dealers expect another price rollback if the GST on cement prices comes down.

Nickey Mirchandani @onlynickey

02 Jul 2019, 08:37 PM IST

A laborer pushes bags of cement in a wheelbarrow on the construction site of a Saima Group residential housing project in Karachi, Pakistan. (Photographer: Asim Hafeez/Bloomberg)

Cement prices snapped their five-month gaining streak in seasonally weak June due to a slowdown in demand.All-India average cement prices fell by Rs 10 month-on-month to Rs 362 per 50 kg bag after demand decelerated across all five regions due to labour shortage in monsoon season and a slowdown in government projects after the 2019 Lok Sabha elections, according to a BloombergQuint survey of 13 dealers across five regions.While all t...

BQ Survey | Cement Prices Fall After Five Months In June

Dealers expect another price rollback if the GST on cement prices comes down.

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