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After Q3 surge in the north, can cement prices rise more?
Mint Chennai
|January 14, 2025
After a lull, trade cement prices at an all-India level are gradually climbing in the recent months. But the recovery in prices is not broad-based.
After a lull, trade cement prices at an all-India level are gradually climbing in the recent months. But the recovery in prices is not broad-based. The northern region saw the highest sequential price improvement of ₹8 per bag in the December quarter (Q3FY25) to ₹350, according to Nomura Global Markets Research.
In January, trade cement price in this market improved by ₹3 per bag month-on-month to ₹360, said the Nomura report on 6 January. In the trade segment, cement is sold by companies to dealers, who in turn sell the product to consumers.
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