Cement prices on the rise despite weak demand
In north, the prices increased by Rs10-20/bag in almost all the states including Rajasthan, Punjab, Haryana, Himachal Pradesh as well as in Delhi. While in central region, the price increases were in the range of Rs18-28/bag in the states of Uttar Pradesh and Madhya Pradesh.
What is perplexing is the fact that prices continue to rise despite demand lagging at just 3.9% in April to May 2016 period. Photo: Pixabay