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Cement prices rise to all-time high
01 Jan 2012
Cement prices have shot up 10 per cent since September-end to an all-time high of around Rs 280 per 50 kg bag. Prices rose 6 per cent last month, from Rs 255 at the end of September, and another Rs 5-15 last month. It is expected that prices may inch up more, as the peak construction period sets in. After the Union Budget, prices had surged to a high of Rs 275 before subsiding to a low of Rs 240 during the monsoon.