Step 1: Write down the formula for the volume of a cone.
The volume $V$ of a cone is given by $V = \frac{1}{3}\pi r^2 h$, where $r$ is the radius and $h$ is the height.
The problem states that the volume is kept fixed, so $V$ is a constant.
Step 2: Differentiate the volume equation with respect to time.
Since $r$ and $h$ are functions of time $t$, we use the product rule for differentiation.
\[
\frac{dV}{dt} = \frac{d}{dt}\left(\frac{1}{3}\pi r^2 h\right).
\]
Since $V$ is constant, $\frac{dV}{dt} = 0$.
\[
0 = \frac{1}{3}\pi \left( (2r \frac{dr}{dt})h + r^2 (\frac{dh}{dt}) \right).
\]
This simplifies to $2rh \frac{dr}{dt} + r^2 \frac{dh}{dt} = 0$.
Step 3: Use the given semi-vertical angle to relate r and h.
The problem states that at the instant under consideration, the semi-vertical angle $\alpha = \pi/3$.
The relationship is $\tan\alpha = \frac{r}{h}$.
\[
\tan(\pi/3) = \frac{r}{h} \implies \sqrt{3} = \frac{r}{h} \implies r = h\sqrt{3}.
\]
Step 4: Solve for the required rate $\frac{dr{dt}$.}
From the equation in Step 2, we can write:
\[
\frac{dr}{dt} = -\frac{r^2}{2rh} \frac{dh}{dt} = -\frac{r}{2h} \frac{dh}{dt}.
\]
Now substitute the relationship $r=h\sqrt{3}$ from Step 3:
\[
\frac{dr}{dt} = -\frac{h\sqrt{3}}{2h} \frac{dh}{dt} = -\frac{\sqrt{3}}{2} \frac{dh}{dt}.
\]
We are given that the height is increasing at 2 units/min, so $\frac{dh}{dt} = 2$.
\[
\frac{dr}{dt} = -\frac{\sqrt{3}}{2} (2) = -\sqrt{3}.
\]
The negative sign indicates that the radius is decreasing. The rate of decrease is the magnitude of this value.
\[
\text{Rate of decrease} = \boxed{\sqrt{3}}.
\]