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Cement prices likely to rise on back of higher demand

Cement prices likely to rise on back of higher demand

Thursday, March 23, 2017, 9:28 PM

The cement sector is seeing early signs of increase in demand after a short-lived decline following the government’s demonetization drive, according to companies and analysts. The prices of the commodity are also seen rising, they added. Construction activity in the country is increasing owing to a boost from infrastructure development and the government’s push, said H.M. Bangur, managing director of Shree Cement Ltd.
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