Cement prices in August fell by 3% to Rs 328 per 50 kg
Cement

Cement prices in August fell by 3% to Rs 328 per 50 kg

Due to the increasing cement prices in the June quarter of 2021, Indian cement industries were unable to sustain themselves in the subsequent months.

The average cement price fell by about 3% to Rs 328 per 50 kg in August 2021, with a 6% price drop in the eastern part of the country, while the remaining region witnessed a 1-3% drop.

Intense competition in the cement industry and monsoon were the main reason for the price hike. In the eastern part of the country, the increased capacity of existing big players, price hike of sand, and weak demand from the state governments led to the downfall of prices in August.

According to an estimate, between the fiscal years (FY) 2022 and FY23, around 44% of the incremental capacity of the Indian cement industry will be in the eastern part of the country. It will lead to rising competition in the region.

As per analysts, the cement demand has been stable in August this year. They estimated a year-on-year (YoY) double-digit volume growth for cement industries in the September quarter.

Looking at the low base of cement demand last year, the all India average cement prices were 5.6% higher than the previous year. As the monsoon season retreats and better cement demand, cement industries may increase cement prices in September and the following months to deal with the rising input costs.

Image Source


Also read: Cement prices in India improve, maximum hike in southern India

Also read: Cement prices in May stay firm despite Covid-19 disruptions

Due to the increasing cement prices in the June quarter of 2021, Indian cement industries were unable to sustain themselves in the subsequent months. The average cement price fell by about 3% to Rs 328 per 50 kg in August 2021, with a 6% price drop in the eastern part of the country, while the remaining region witnessed a 1-3% drop. Intense competition in the cement industry and monsoon were the main reason for the price hike. In the eastern part of the country, the increased capacity of existing big players, price hike of sand, and weak demand from the state governments led to the downfall of prices in August. According to an estimate, between the fiscal years (FY) 2022 and FY23, around 44% of the incremental capacity of the Indian cement industry will be in the eastern part of the country. It will lead to rising competition in the region. As per analysts, the cement demand has been stable in August this year. They estimated a year-on-year (YoY) double-digit volume growth for cement industries in the September quarter. Looking at the low base of cement demand last year, the all India average cement prices were 5.6% higher than the previous year. As the monsoon season retreats and better cement demand, cement industries may increase cement prices in September and the following months to deal with the rising input costs. Image Source Also read: Cement prices in India improve, maximum hike in southern India Also read: Cement prices in May stay firm despite Covid-19 disruptions

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?