Cement Prices Surge Amid Economic Strain in Sri Lanka - LNW Lanka News Web

Sri Lanka sees sharp cement price increase

Cement prices in Sri Lanka have increased by Rs. 150 to Rs. 175 due to rising production costs. Cement manufacturing companies in the country have taken steps to raise prices, stating that higher production expenses have made the increase necessary. According to reports, the new price adjustment has already been implemented. Meanwhile, Chairman of the Sri Lanka National Construction Association, Darrington Paul, said that the cost of all constru…

Cement Prices Surge Amid Economic Strain in Sri Lanka - LNW Lanka News Web

March 24, LNW (Colombo): The price of a bag of cement has increased sharply as the ongoing economic crisis continues to impact the construction sector, according to building material sellers. Market sources say the price has risen by around Rs. 175, bringing the current retail cost of a single bag to approximately Rs. 2,250. Industry insiders also report that the prices of other key construction materials, including sand and stone, have already …