Cement prices in August fell by 3% to Rs 328 per 50 kg

10 Sep 2021 CW Team

Due to the increasing cement prices in the June quarter of 2021, Indian cement industries were unable to sustain themselves in the subsequent months.

The average cement price fell by about 3% to Rs 328 per 50 kg in August 2021, with a 6% price drop in the eastern part of the country, while the remaining region witnessed a 1-3% drop.

Intense competition in the cement industry and monsoon were the main reason for the price hike. In the eastern part of the country, the increased capacity of existing big players, price hike of sand, and weak demand from the state governments led to the downfall of prices in August.

According to an estimate, between the fiscal years (FY) 2022 and FY23, around 44% of the incremental capacity of the Indian cement industry will be in the eastern part of the country. It will lead to rising competition in the region.

As per analysts, the cement demand has been stable in August this year. They estimated a year-on-year (YoY) double-digit volume growth for cement industries in the September quarter.

Looking at the low base of cement demand last year, the all India average cement prices were 5.6% higher than the previous year. As the monsoon season retreats and better cement demand, cement industries may increase cement prices in September and the following months to deal with the rising input costs.

Image Source

Also read: Cement prices in India improve, maximum hike in southern India

Also read: Cement prices in May stay firm despite Covid-19 disruptions

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..