Cement Prices Stable In February; Cost Inflation Not Passed On But Discounts Lower: Nirmal Bang
A worker holds up processed cement at a factory. (Photographer Dario Pignatelli/Bloomberg)

Cement Prices Stable In February; Cost Inflation Not Passed On But Discounts Lower: Nirmal Bang

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

The first fortnight of February 2021 saw better demand across regions with hitherto weaker regions like South and West also reporting decent growth in volume.

Demand from non-trade segment improved whereas rural demand remained strong.

Cement prices remained stable across regions with minor changes seen across various cities. However, the expected cost inflation has not been passed on to the consumers.

Discounts have come down across regions and there has also been a marginal decline in the gap between trade and non-trade pricing.

Click on the attachment to read the full report:

Nirmal Bang Cement Sector- Channel Check -18 February 2021.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.