Cement prices and volumes are expected to improve in the coming months, driven by better demand and a favourable base, according to a recent report by Nuvama Research.
Cement prices across various states are likely to increase as state governments may impose new mineral taxes after Supreme court judgement, according to JM Financial report.
Cement demand is likely to grow by 5 per cent in FY25, and few more round of price hike by companies is expected in the coming months says a report by Centrum.
India's major cement companies have announced substantial price hikes across various regions of India. The price adjustments, reported to range from Rs 10-15 per bag in North India, Rs 30-40 per bag in central and east India, and Rs 20 per bag in the western region, have been implemented in
Mumbai (Maharashtra) [India], September 29 (ANI): Average trade prices of cement declined by Rs 3 to 5 per bag across regions this month, prompting experts to conclude that they will mark a fall of 3.7 per cent quarter-on-quarter during July to September.
New Delhi [India], Apr 28 (ANI): Credit rating agency ICRA has recovered to pre-demonetisation levels of prices of key commodity such as cement in April 2017.