Cement demand skyrockets as states relax economic restrictions

06 Jul 2021 CW Team

Cement demand rises in June as several states relax economic restrictions.But extreme rains particularly in the east and west have hampered economic activity, according to Reliance Securities Limited.

As per the channel checks conducted by the brokerage firm, pre-monsoon and pent-up demand increased cement sales volume by 10-30% on a monthly basis in June.

Analysts at Reliance Securities Ltd expect the country’s average price to rise 5.2% quarter on quarter in the first quarter of FY22, owing to strong growth in the southern region.

The report mentioned that the all-India average cement price remained at Rs 335-340 per bag in June, due to a 2.6% month-on-month improvement in the Northern region. Monthly prices in the Southern, Eastern, and Western regions fell by 1%, while prices in the Central region remained unchanged.

Though a dramatic spike in sand prices has impacted cement demand in some areas, dealers are optimistic about continued volume in the coming months, which is dependent on the severity of the monsoon.

The brokerage firm cited that non-trade prices remained stable throughout the month due to their lower volatility than trade prices. While the average price difference between trade and non-trade prices has shrunk slightly, it remains in the Rs 30-80 per bag range.

Analysts also explained that price hikes implemented in early June were subsequently rolled back, as the demand was not strong enough to support higher prices.

While dealers expect fresh price hikes in the range of Rs 10-20 per bag in most pockets in the coming days, analysts believe this is unlikely due to the monsoon impact.

Image Source

Also read: ICRA revises cement growth outlook for FY22

Also read: Cement industry to witness improved demand from July 2021

Real Estate

13 May 2026

ASK CLAF I invests in Goa luxury villa project

ASK Curated Luxury Asset Fund I, co-sponsored by India Sotheby’s International Realty and ASK Property Fund, has made its first investment in Goa through a partnership with Priority Group for Ananda Nilaya, an ultra-luxury villa project in Arpora, North Goa.Spread across 5.12 acre, the hillside development will overlook the sea and is located 2 km from Baga Beach, with connectivity to Mopa International Airport and Dabolim Airport. The project will include an 18,000 sq ft exclusive clubhouse and target demand for luxury second homes and experiential living.Priority Group has delivered around..

Freud Expands Premium Cutting Tools Presence in India

Freud, a Bosch Group subsidiary specialising in premium cutting tools, is strengthening its presence in India as demand grows across the woodworking and manufacturing sectors. The company manufactures saw blades, router bits and CNC tooling in Italy, with products engineered for precision, reliability and long service life.Freud has been present in India’s professional woodworking sector for over 25 years. Its network of around 24 dealers covers 28 states and serves industries such as modular furniture, solid wood processing and aluminium applications.The company said it is seeing strong gro..

BG Pools Promotes Summer-Ready Outdoor Living in UAE

BG Pools + Landscape is promoting year-round outdoor living in the UAE through advanced pool technology, climate-adaptive landscaping and shaded architectural design. The company says outdoor areas, once largely used during winter, can now be planned for comfort even during the peak summer months, when temperatures often exceed 40°C.The company uses pool chilling systems to maintain comfortable swimming temperatures during summer. It also incorporates climate-adaptive planting that retains visual appeal throughout the year while reducing irrigation needs. According to Khalil Zayat, Director o..