Cement prices witnesses 3 to 5% increase on monthly basis in Jan
Cement

Cement prices witnesses 3 to 5% increase on monthly basis in Jan

Cement prices witnessed a 3 to 5% price increase on a monthly basis in the country in the month of January, which was led by hikes seen across eastern and southern regions.

The upward movement was after the weak demand that prevailed in November and a few weeks of December, which was pressuring for cement companies.The extended rainfall in southern India, while the issues of sand mining in eastern India were some reasons for the weak demand for the period.

Cement companies have indicated signs of improvement in demand from mid-December, which will not support the upward price trends. However, there are chances that it could lead to an increase in cement prices in February.

The price hikes in South and East India are about 5% and 6% each. While in West and North India they are about 3% and 1%. However, in Central India, they have continued to stay flat.

MD and CEO, Dalmia Cement (Bharat) Limited said that capacity usage was 69% in Q3 FY22 and 83% in December. The same is expected to reach the range of 70-75% for the January- March quarter. He indicated that in select regions the price hikes were already being rolled out.

Image Source

Also read: Cement prices to increase by Rs 25-30 per 25 kg bag in AP

Cement prices witnessed a 3 to 5% price increase on a monthly basis in the country in the month of January, which was led by hikes seen across eastern and southern regions. The upward movement was after the weak demand that prevailed in November and a few weeks of December, which was pressuring for cement companies.The extended rainfall in southern India, while the issues of sand mining in eastern India were some reasons for the weak demand for the period. Cement companies have indicated signs of improvement in demand from mid-December, which will not support the upward price trends. However, there are chances that it could lead to an increase in cement prices in February. The price hikes in South and East India are about 5% and 6% each. While in West and North India they are about 3% and 1%. However, in Central India, they have continued to stay flat. MD and CEO, Dalmia Cement (Bharat) Limited said that capacity usage was 69% in Q3 FY22 and 83% in December. The same is expected to reach the range of 70-75% for the January- March quarter. He indicated that in select regions the price hikes were already being rolled out. Image Source Also read: Cement prices to increase by Rs 25-30 per 25 kg bag in AP

Next Story
Real Estate

Ashwin Sheth Group Launches ‘The Pink Perk’ to Empower Women Homebuyers

Ashwin Sheth Group has introduced ‘The Pink Perk’, a special initiative for Women’s Month, offering a 3 per cent saving for women homebuyers (T&C apply) across all its Mumbai projects. The offer is valid until 31 March 2025.The campaign challenges the Pink Tax, where women often pay more for similar products and services. With The Pink Perk, Ashwin Sheth Group flips the script, providing an exclusive financial advantage to women taking charge of their homeownership journey.Bhavik Bhandari, Chief Sales and Marketing Officer, Ashwin Sheth Group, stated: “The Pink Perk is our way of c..

Next Story
Infrastructure Transport

Shipping Ministry Aims to Complete 150 Projects by September 2025

The Ministry of Ports, Shipping and Waterways (MoPSW) organised a two-day ‘Chintan Shivir, 2025’ in Srinagar with a vision to evaluate, reset, discover and apply solutions to unlock potential of the Blue Economy of India. Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal reviewed undergoing projects of the Ministry — worth Rs 2 Trillion — and drew up a goal, after consultative deliberation with the experts, of completing at least 150 projects by September, 2025. The event focused on strengthening India’s shipbuilding and repair capabilities, improving financial and..

Next Story
Infrastructure Urban

NHRC Concludes 2nd ITEC Program on Human Rights for Global South NHRIs

The 2nd six-day ITEC Executive Capacity Building Programme on Human Rights for senior functionaries of the National Human Rights Institutions (NHRIs) of Global South organised by the National Human Rights Commission (NHRC), India in partnership with the Ministry of External Affairs, successfully concluded. The valedictory session was addressed by the NHRC, India Chairperson, Justice V Ramasubramanian in the presence of Members Justice (Dr) Bidyut Ranjan Sarangi, Vijaya Bharathi Sayani & Secretary General, Bharat Lal. The programme, which began on Monday 3rd March, 2025, witnessed participatio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?