Cement prices in Pakistan have experienced a slight decline in mid-September, providing some relief to the construction sector which has been grappling with escalating costs.
After reaching all-time highs earlier this year, the prices have eased due to a combination of increased supply, reduced demand, and regulatory measures aimed at controlling the surge in costs.
As of mid-September, the price of a 50kg bag of cement ranges between Rs1,480 and Rs1,530, depending on the brand. Leading brands such as Lucky Cement, Maple Leaf Cement, and BestWay Cement are priced between Rs1,480 and Rs1,530. Other brands like Flying Cement offer even more competitive rates, ranging from Rs1,465 to Rs1,480.
Here is a detailed breakdown of current cement prices across various brands:
- Maple Leaf Cement: Rs1,495 – Rs1,510
- BestWay Cement: Rs1,495 – Rs1,510
- Kohat Cement: Rs1,485 – Rs1,495
- Askari Cement: Rs1,485 – Rs1,495
- Flying Pakistan Cement: Rs1,465 – Rs1,475
- Fauji Cement: Rs1,490 – Rs1,500
- Lucky Cement: Rs1,485 – Rs1,500
- Pakcem Cement: Rs1,510 – Rs1,530
The recent drop in prices comes as a relief to stakeholders in the construction industry, who have been contending with the impact of higher material costs on project budgets. The decline is attributed to several factors, including an increase in supply and a decrease in demand.
Additionally, recent regulatory measures aimed at controlling rising costs have contributed to the easing of prices.
