Cement Companies raise prices by INR5/bag in West India

Cement Companies raise prices by INR5/bag in West India
Published: 02 February 2011

India’s cement companies have raised prices by INR5 for each 50kg bag in the western part of the country, a dealer said Tuesday.

"We see an upward trend in prices. More such increases are likely to happen over the next the next couple of months," the dealer, who didn’t want to be identified, told Dow Jones Newswires.

Cement prices in Mumbai are around INR260 a bag after the price increase.