Industry: Cement

Aggregate volume is expected to decline by 4% YoY in Q3FY17. Owing to currency demonetization, cement offtakes has been impacted negatively as the cash transactions play a significant role in cement purchases in trade segment (which constitutes 65-70% of the total industry’s demand).
Aug. 28, 2017, 12:22 p.m.
Author : Karvy | Publisher:

The Indian cement industry is the second largest market after China. It had a total cement manufacturing capacity of about 384 million tonnes (MT) as of financial year ended 2015-16. Cement is a cyclical commodity with a high correlation with GDP...
Aug. 23, 2017, 6:19 p.m.

Cement: Sector Report - IBEF
Aug. 23, 2017, 1:57 p.m.

Cement prices in India recorded a 6.7 per cent month-on-month growth in April 2017, thereby indicating the probability of growth in volume and profitability of cement companies in the quarter ending June 2017.
Aug. 18, 2017, 3:25 p.m.

Cement: Temporary sand issues hurt demand; Outlook remains strong
Aug. 3, 2017, 4:53 p.m.

North and south markets witness maximum drop in pricing May-17 saw price correction across majority of the markets from the highs of April due to demand weakness.
July 19, 2017, 5:01 p.m.