Cement prices declined in North and Central markets
Cement industries are facing a huge crisis in the north. The prices has declined by Rs3/bag in the North and Central part of India whereas cement prices are slowly inching up in the West and South. The East of India still remains flat in the May month. There’s high-low situation seen in the different regions in India.
Himachal Pradesh, Delhi and Haryana cement industries are feeling the heat of these lowered prices. Increased competitive intensity in the north of India is expected to keep cement prices depressed currently.
Demand is expected to witness an up-tick in the coming months with the revival in rural demand due to favourable monsoon and acceleration in