The maximum retail price of a 50kg bag of cement has been increased by Rs.150 with immediate effect, the Cement Manufacturers and Importers said.
They said the revised price of a bag of cement now stands at Rs. 3,000.
The decision was made following the current dollar crunch and a fuel price increase.
Accordingly, earlier, on April 25, the price of a cement bag which was at Rs.2,850, increased by Rs. 500. (Daily Mirror)