Effective from today, the Maximum Retail Price (MRP) of a 50kg bag of Cement has been reduced by Rs. 50, making it Rs. 2,400. This price adjustment, announced by the industry media, marks a significant step in supporting the local construction sector by offering consumers a cost-saving benefit starting from May 1st.
The decision to lower the cement price reflects the industry’s commitment to stimulate construction activities and facilitate affordable access to essential building materials. This move is expected to positively impact the construction industry and encourage construction projects across the region.