Cement price hikes fail to sustain, respite seen in Q1
Mint Mumbai|March 02, 2023
Manufacturers target volume growth and market share gains in a strong March quarter
Ujjval Jauhari
Cement price hikes fail to sustain, respite seen in Q1

The average cement price in India was flat in January, with a slight uptick in February, as manufacturers targeted volume growth and market share gains in a traditionally strong March quarter, analysts said. Construction activities typically pick up in the fourth quarter, leading to an increase in cement demand.

“Our interactions with dealers, sales executives, and C&F agents reveal that while there were a few attempts at a price hike, bulk of them were reversed in the form of price cuts or discounts. As a result, all-India average retail price improved by a mere 2 per 50 kg bag month-on-month to 379, analysts at Elara Securities (India) Pvt. Ltd said.

هذه القصة مأخوذة من طبعة March 02, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة March 02, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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