Cement dealers hike prices across India in December
Cement dealers across the country have hiked prices since the start of December after four to five months of flat prices that has reduced dealer margins and affected the profits of cement companies.
Dealers have said that the hikes are because of the increased demand from the real estate sector, which is driven by better labour availability post-festive season, and an increase in orders from the infrastructure sector.
Cement price Hikes
Cement prices are the highest in Western India. Here, dealers have raised the amount by around Rs 5-10 per 50 kg bag. In rest of India, particularly in the southern and eastern regions, the price hikes have been larger. However, prices in these regions remain lower compared to western and northern India.
New cement prices in western India stands at Rs 350-400 per 50 kg bag, according to dealers, and listings on various B2B platforms.
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