Cement Prices May Increase By Up To 10% In Next 6 Months

As per Cement Manufacturers Association (CMA), the industry has witnessed 14 % growth in the first half of 2018-19, the first double digit growth since 2009-10 thereby providing an opportunity for correction of prices which have remained stagnant for the last six to seven years.
Out of a total of 500 million tonne (MT) capacity available in the industry, only 300 MT is utilised at the moment.