Cement prices have increased by around Rs. 150 to Rs. 175, according to industry sources, adding further pressure on Sri Lanka’s construction sector amid a broader rise in material costs.
Manufacturers have attributed the increase to higher production expenses, reflecting continued cost pressures within the supply chain. The latest adjustment comes at a time when the sector is already facing elevated input prices across multiple categories.
National Construction Association of Sri Lanka Chairperson, Darinton Paul indicated that the prices of other key materials, including sand, gravel, and steel, have also risen significantly.
The combined increase in core inputs is expected to raise overall project costs, affecting both ongoing and planned developments. Construction sector participants have been grappling with volatility in material prices, which has complicated budgeting and slowed project execution in recent months.