Cement Channel Check - Festivities To Curtail Demand; Price Hike Implementation In Sight: Anand Rathi

While companies across region are planning to announce price hikes, dealers suggest they would sustain despite weak demand.

<div class="paragraphs"><p>Construction worker applying cement on a brick wall. (Source: freepik)</p></div>
Construction worker applying cement on a brick wall. (Source: freepik)

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Anand Rathi Report

As per our dealer channel check, dealers across regions say demand would be subdued in October owing to the festival holidays, Durga Pooja/ Dussehra/Diwali, leading to labour unavailability and restricted truck movements.

While companies across regions (except the Central) are planning to announce price hikes (Norht ~Rs 10, South ~Rs 40, East ~Rs 15, West ~Rs 10), dealers suggest they would sustain despite weak demand.

Click on the attachment to read the full report:

Anand Rathi Cement Channel Check Sector Update.pdf


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