Cement prices are down Rs 2-4 per 50-kg bag in western India, including in the key Mumbai market, since Friday as manufacturers have cut their prices due to low pick up in sales during monsoon. UltraTech, Ambuja Cements, ACC, JK Lakshmi Cement, Binani Cement and India Cement are among the companies that have implemented the price cut. Earlier this month, most cement makers had raised prices by around Rs 10 per 50 kg bag in Mumbai, Pune and other western region markets. With the current price reduction, wholesale price in Mumbai is around Rs 245 a 50-kg bag, while that in the project segment, it will be around Rs 225.