Cement prices may recover post-monsoon

New Delhi : Cement prices are expected to recover after the monsoon ends due to a likely pick-up in construction activity, the Centre for Monitoring Indian Economy has said. "We expect cement prices to recover after the rains. With construction activity expected to pick up post-monsoon, demand is likely to rise," the Centre for Monitoring Indian Economy (CMIE) said in its monthly review.

Cement prices have declined amid sluggish demand from May onward. Prices in the Mumbai, Delhi and Kolkata markets are down from their peak levels of March-April, 2011, it said.