Portland Cement Price Trend and Forecast 2026-2027

United States paid the most for portland cement in Q2 2026: USD 135/MT, up 5.5% from USD 128 in Q1. Portland cement is produced by grinding and heating limestone with clay or shale and a small amount of gypsum in a rotary kiln, then finely grinding the resulting clinker into the binding powder used in nearly all modern concrete. OPC 43 and OPC 53 grades, named for their compressive strength class in megapascals, serve general construction, while Portland Pozzolana Cement, PPC, blends in fly ash or other pozzolanic materials for improved durability and lower cost.

Construction and infrastructure spending drive essentially all cement demand, making this one of the most directly macroeconomically sensitive commodities in this pipeline, closely tracking GDP growth, housing starts, and public infrastructure investment in every region tracked here. Cement kilning is highly energy-intensive, and the United States' comparatively higher energy and labour costs relative to China, India, and Turkey largely explain the substantial price gap despite cement being a bulky, low-value-per-tonne commodity that would otherwise trade at similar levels globally.

Because cement is heavy and expensive to transport relative to its value, it trades overwhelmingly as a regional or even local commodity rather than a globally arbitraged one, which is why prices across the four markets in this report can diverge so persistently without triggering the kind of cross-border trade flow that would normally narrow such a gap. China and India, the world's two largest cement producers by volume, have both built substantial domestic capacity to serve their own enormous construction sectors, giving both countries a structural cost advantage tied to production scale rather than superior raw material access.

A buyer choosing between China and United States in Q2 2026 faced a price gap of roughly 105%, the widest split among the regions in this report. Local production economics and import exposure explain most of that difference.

Portland Cement Price Forecast for 2026

Expect steady gains across all four markets through H2 2026 as construction and infrastructure spending continues its gradual recovery. China and India should retain their cost advantage given their massive scale of domestic production capacity. The United States should retain its premium given its higher energy and labour cost structure relative to the other three markets. Energy price trends remain the key variable to watch, given cement kilning's substantial fuel and electricity intensity relative to most other construction materials.

H1 2026 closed with the 4 tracked markets averaging a 5.6% increase move quarter on quarter. That trajectory should hold into H2 unless one of the cost or demand drivers above shifts materially.

For the Quarter Ending June 2026

Portland Cement Prices Q2 2026:

• United States: USD 135/MT
• China: USD 66.00/MT
• India: USD 82.00/MT
• Turkey: USD 74.00/MT

Portland Cement Prices in United States

United States's price gained 5.5% to USD 135/MT, firm construction and infrastructure spending kept US pricing climbing, making it the priciest of the 4 markets tracked here this quarter.

Why did the price of Portland Cement change in Q2 2026 in United States?

Firm construction and infrastructure spending kept US pricing climbing, reflecting the region's higher energy and labour cost base, which puts United States roughly 51.3% above the average across the 4 regions this report tracks.

Set against a 2.7% average quarterly pace over the six quarters this report tracks, United States's move this quarter landed faster than that trend.

Portland Cement Prices in China

In Q2 2026, China priced at USD 66.00/MT, up 6.5% from USD 62.00/MT the previous quarter, ranking it the most affordable among the 4 markets this report follows.

Why did the price of Portland Cement change in Q2 2026 in China?

Steady government infrastructure spending met ample domestic capacity, supporting a modest increase, working out to China trading about 26.1% below this quarter's 4-region average.

Measured against China's own average pace of 2.6% a quarter across the six quarters this report tracks, this move came in faster than that pace.

Portland Cement Prices in India

India reached USD 82.00/MT in Q2 2026, strong construction sector growth kept Indian pricing rising in step with the country's continued infrastructure investment, placing it the 2nd most expensive across the 4 regions covered in this report.

Why did the price of Portland Cement change in Q2 2026 in India?

Strong construction sector growth kept Indian pricing rising in step with the country's continued infrastructure investment, leaving India running roughly 8.1% below the 4-region average for the quarter.

That is faster than the 2.6% average quarterly move India has posted across the six quarters this report tracks.

Portland Cement Prices in Turkey

Turkey rose 5.7% to USD 74.00/MT in Q2 2026, firm regional construction demand supported a steady quarter, putting it the 3rd most expensive of the 4 markets tracked this quarter.

Why did the price of Portland Cement change in Q2 2026 in Turkey?

Firm regional construction demand supported a steady quarter, with Turkey now sitting about 17.1% below the 4-region average this quarter.

Turkey has averaged 2.6% a quarter over the six quarters this report tracks; this move came in faster than that longer-run pace.

For the Quarter Ending March 2026

Portland Cement Prices Q1 2026:

• United States: USD 128/MT
• China: USD 62.00/MT
• India: USD 78.00/MT
• Turkey: USD 70.00/MT

Portland Cement Prices in United States

United States's price gained 2.1% to USD 128/MT, early-year construction sector demand supported a firm start to 2026, making it the priciest of the 4 markets tracked here this quarter.

Why did the price of Portland Cement change in Q1 2026 in United States?

Early-year construction sector demand supported a firm start to 2026, which puts United States roughly 51.5% above the average across the 4 regions this report tracks.

Set against a 2.7% average quarterly pace over the six quarters this report tracks, United States's move this quarter landed slower than that trend.

Portland Cement Prices in China

In Q1 2026, China priced at USD 62.00/MT, up 1.7% from USD 60.97/MT the previous quarter, ranking it the most affordable among the 4 markets this report follows.

Why did the price of Portland Cement change in Q1 2026 in China?

Consistent infrastructure spending carried prices modestly higher as the year began, working out to China trading about 26.6% below this quarter's 4-region average.

Measured against China's own average pace of 2.6% a quarter across the six quarters this report tracks, this move came in slower than that pace.

Portland Cement Prices in India

India reached USD 78.00/MT in Q1 2026, growing construction activity supported a firm early-year increase, placing it the 2nd most expensive across the 4 regions covered in this report.

Why did the price of Portland Cement change in Q1 2026 in India?

Growing construction activity supported a firm early-year increase, leaving India running roughly 7.7% below the 4-region average for the quarter.

That is slower than the 2.6% average quarterly move India has posted across the six quarters this report tracks.

Portland Cement Prices in Turkey

Turkey rose 1.9% to USD 70.00/MT in Q1 2026, steady regional demand supported a modest early-year gain, putting it the 3rd most expensive of the 4 markets tracked this quarter.

Why did the price of Portland Cement change in Q1 2026 in Turkey?

Steady regional demand supported a modest early-year gain, with Turkey now sitting about 17.2% below the 4-region average this quarter.

Turkey has averaged 2.6% a quarter over the six quarters this report tracks; this move came in slower than that longer-run pace.

Quarterly Portland Cement Price Trends

The global average climbed steadily across the window, from USD 78.25/MT in Q1 2025 to USD 89.25 by Q2 2026, a gain of 14.1% over six quarters.

What was Portland Cement Price in 2025?

Portland Cement pricing trended upward through 2025 on a global average basis, starting the year around USD 78.25/MT and ending it at USD 82.89, a 5.9% increase over the four quarters.

Portland Cement Prices in United States in 2025

United States prices moved from about USD 118/MT in Q1 2025 to USD 125 by Q4, up roughly 6.3%, placing United States 1 of 4 tracked markets as 2025 closed out.

Portland Cement Prices in China in 2025

China prices moved from about USD 58.00/MT in Q1 2025 to USD 60.97 by Q4, up roughly 5.1%. China closed the year ranked 4 of the 4 markets this report tracks.

Portland Cement Prices in India in 2025

India prices moved from about USD 72.00/MT in Q1 2025 to USD 76.45 by Q4, up roughly 6.2%, leaving India in 2 place among the 4 tracked markets heading into the new year.

Portland Cement Prices in Turkey in 2025

Turkey prices moved from about USD 65.00/MT in Q1 2025 to USD 68.72 by Q4, up roughly 5.7%. That left Turkey ranked 3 of 4 tracked markets heading into 2026.

How We Can Help

Expert Market Research: Your Source for Real-Time Portland Cement Price Intelligence

Rather than reporting a single number in isolation, we follow portland cement pricing back to its roots: limestone, clay/shale, and gypsum costs, regional supply and demand balance, and the policy shifts that move both. That research gets updated on an ongoing basis across every region we cover.

Forecasts draw on production capacity data, feedstock cost trends, and demand signals from the regions we track, giving procurement and sourcing teams a grounded basis for budgeting and supplier negotiations rather than a single static number.

For a deeper regional cut, historical data beyond the six quarters covered here, or a sourcing analysis tailored to your own procurement footprint, get in touch with our analyst team directly.

We track OPC 43, OPC 53, and PPC grade pricing where data allows, since general construction, structural, and durability-focused applications each favour a specific grade suited to their requirements.