Cement prices decline on subdued demand
Cement prices across the country have been corrected by around Rs 7-10 per bag. The price came down due to subdued demand, as construction activities are yet to pick up because of the delayed monsoons.
However, it is expected that by October the festival gaiety will lead to an improved sentiment amongst consumers and hence better sales will follow.
Cement companies are also hopeful that the recently announced reforms by the government will bring cheers to them due to increase in demand for basic infrastructure commodities such as cement and steel.
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basic infrastructure commodities, Cement companies, Cement price correction, cement prices, cement sales, delayed monsoons, economic reforms, reforms, steel, subdued demand
[...] Cement prices decline on subdued demand [...]