The Indian cement sector is expected to perform better in the second half (H2FY25) compared to the sluggish first half, particularly in terms of demand and prices. Two months into H2, there are positive developments on prices that have been stagnant recently.
Pan-India trade prices rose by ₹8 month-on-month in November to ₹342 per bag, showed a recent dealers' channel check by Nomura Global Markets Research. The trade segment is where cement is sold by companies to dealers. The price hike was led by an increase of ₹23 per bag and ₹14 per bag in the east and north, respectively. Central and south India witnessed a modest hike of ₹2-3 per bag. Pan-India average prices in Q3FY25 have so far risen by mere ₹2 per bag sequentially.
この記事は Mint Mumbai の November 27, 2024 版に掲載されています。
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この記事は Mint Mumbai の November 27, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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