Poging GOUD - Vrij
Ambitious cement prices get a reality check in November
Mint Mumbai
|November 23, 2023
The strength of cement prices was not sustainable to begin with. After a sharp uptick in September and October, prices have corrected a bit.
Given the quantum of price rises in a short span, a partial rollback was widely anticipated.
Average all-India cement price of one 50-kg bag in the trade segment fell by almost 2% month-on-month to ₹382, showed dealers channel check by Nomura Financial Advisory and Securities (India). Trade segment is where cement is sold by the manufacturer to dealers.
Dit verhaal komt uit de November 23, 2023-editie van Mint Mumbai.
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