BQ Survey | Cement Prices Rise After Five Months But...

Cement prices rose in January after falling for five months but the sector’s still far away from meaningful recovery. Here’s why.

Nickey Mirchandani @onlynickey

27 Mar 2019, 11:28 AM IST

A contractor pours out cement at a townhouse under construction. (Photographer: David Paul Morris/Bloomberg)

Cement prices rose in January after declining for five months but the sector’s still far away from any meaningful recovery, according to a BloombergQuint dealer survey.All-India prices increased by Rs 2 for a 50-kilogram bag to Rs 321, BloombergQuint’s interaction with 12 dealers across five regions and a separate survey by Kotak Institutional Securities showed. That was supported by price hikes in central and northern India.

BQ Survey | Cement Prices Rise After Five Months But...

Cement prices rose in January after falling for five months but the sector’s still far away from meaningful recovery. Here’s why.

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