Cement prices likely to decline
"In April, cement companies had increased prices by Rs 5-10 per 50 kg bag, but the demand didn't support the price. So the price increase was rolled-back by the companies.
Seeing the present scenario, it is unlikely that cement companies will be able to increase prices in May. Instead, they may go for a price cut of around Rs 5-10 per bag to boost sales and clear stocks before monsoon," said a senior official on the condition of anonymity from Cement Manufacturers Association (CMA).