Cement price likely to enhance

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Cement price likely to enhance

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Hike in cement price is likely after raise in price of gas.

04 January,2012 10:04 pm

According to Invest Cap Report, price of one ton cement has been increased by Rs 50 while Rs 2.2 has been raised per bag.The price of gas would be raised by 14% for cement sector. Before this, price of cement had been increased by five rupees per bag in last December but this time this raise is likely by Rs 15. Bag of cement is being sold by Rs 422 in the country.On the other hand, more profit is likely in this cement sector due to down in coal price.