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cement prices

Demand for cement to grow by 8%

Demand for cement to grow by 8%
Kotak Securities (KS), the stock broking and distribution arm of the Kotak Mahindra Group, reports that demand for cement would grow by 8 percent during FY13 and due to slow growth of capacity additions, capacity  utilizations would be improving further. The research firm states that being driven by festive season, labor scarcity and also non-availability of [...] Continue Reading »

Cement prices decline on subdued demand

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 [...] Continue Reading »

Real estate prices to go up in Bangalore

Real estate prices to go up in Bangalore
The steady pricing that Bangalore real estate has maintained so far has been good news for the buyers. But things are expected to change as the Bangalore real estate market is expected to shoot up from the next quarter. The main pushing factors are increase in cement and steel prices in the last couple of [...] Continue Reading »

Cement prices increase

Cement prices increase
Due to less supply and delayed monsoon, cement costs rose to Rs 55 per bag across markets. A source said the hike will not stay long since it is due to supply shortage and onset monsoon. South has witnessed a mixed trend with Hyderabad and Bangalore seeing a correction of Rs 5 per bag, and [...] Continue Reading »

Cement companies to cut prices soon

Cement companies to cut prices soon
The cement prices as of now are higher compared to previous year. However, it is likely to come down as per prediction. Slow arrival of monsoon along with supply-side constraint in Chhattisgarh due to plants of UltraTech, Ambuja Cements and Lafarge India – being shut down by the Chhattisgarh environment conservation board (CECB) as the [...] Continue Reading »



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