Cement companies hike prices in north; reduce in south

20 Mar 2017

Cement companies have increased the prices in the northern market by Rs 10 -15 per 50 kg bag, whereas the vice versa can be seen in the prices of cement bags in the southern market.

Trade sources reported that hike in prices was the result of increase in input costs, as coal, petcoke & freight are the major raw materials used by cement companies and their prices have risen as compared to last year.

Whereas, an official of a top cement company in the southern part of India, has informed that prices slipped in Kerala & Tamil Nadu due to weak demand.

Source – India Infoline News Service