Stable Cement Prices So Far; Ruling Out Big Moves This Quarter, Says Anand Rathi
A worker levels a slab of cement at a construction site. (Photographer: David Paul Morris/Bloomberg) 

Stable Cement Prices So Far; Ruling Out Big Moves This Quarter, Says Anand Rathi


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Anand Rathi Report

The post-Diwali demand slump led to cement production dipping 6.9% YoY in November.

In December, however, demand rose in the second half to meet year-end targets, stocking (anticipating a price rise) and more infra activities.

Some region-specific issues, though, continue (south: heavy monsoon, Delhi: farmer protest/winter).

Our channel check shows that in the first week of January prices were hiked in the East and some pockets of the South and West; prices in the North and Central regions have stayed at December levels.

Click on the attachment to read the full report:

Anand Rathi Cement Sector Check.pdf


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