Cement Prices and Weak Demand
North India cements markets are the hardest hit with a 11% drop in cement prices. West India and East India cement markets are slightly better off with South Indian cement markets holding the cement price lines.
Cement experts say that this is due to a number of factors. Reasons may differ from market to market but some for all are applicable to cement markets all over India.
# Unseasonal summer rains have subdued rural markets.
# Payments due to contractors being delayed.
# Government infra projects bidded on but yet to take-off.
# Real estate markets are still subdued.
Read more from the experts here on Cement Prices
No comments:
Post a Comment