₹369/bag in June 2020 with easing supply-side constraints after a sharp 10% month-on-month increase in May 2020," added the KIE report.
One cement bag weighs 50 kilograms. As the alongside chart shows, region wise, price cuts of more than ₹20/bag were steepest, in South India.Labour scarcity is another factor that could weigh on cement demand and prices.“In most regions continuing labour scarcity is likely to be the key factor keeping demand and prices in check.
In Delhi and Kota, prices are at May levels. Nevertheless, with the acute labour shortage, demand in Delhi is only 20-25% of pre-Covid levels, and 50% in Kota, mostly arising from pending projects.