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.
Bu hikaye Mint Mumbai dergisinin November 27, 2024 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin November 27, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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