Economy & Market

Rs 25 cut in cement prices in southern states

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In July, cement prices were hiked in most states in the country. Now the cement prices are coming down. The price slide is happening in Andhra Pradesh, where a price cut between Rs 20 and Rs 25 has taken place for a 50-kg bag.The cement prices, which touched Rs 300 a bag in Hyderabad and Rs 320-330 in the Rayalseema districts, are now hovering at Rs 270-275 a bag since the past week.Even in Karnataka, Maharashtra and Tamil Nadu, prices, which ruled high last month, have seen a comparatively lower fall of Rs 15-20.

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