Despite repeated attempts by the government to keep a tab on the escalating cement prices, cement prices in Pune & Mumbai is likely to increase by Rs. 5/- in near future.  According to the sources, cement producers are in discussions to increase the prices due to the rising input costs.

It was felt some months ago that cement prices could remain stable but higher input costs, mainly of coal and fuel, left the companies with no option but to increase prices.  Moreover, cement manufacturers, who are already reeling under the pressure of high input cost, had earlier in the month of May this year, decided to hold the prices for the next 2-3 months as a move to mitigate inflation pressures. 

The prices in Gujarat have already gone up by Rs.5/- per bag after the export ban was lifted.  Cement prices in Mumbai and Pune currently stand at Rs.255-260 and Rs.265-270 respectively.