Tuesday, December 28, 2010
Cement prices gaining momentum after dip, crossing Rs300/bag in North
As per industry sources, cement prices have reverted to the level of Rs300-310/bag in northern zone, after taking a dip to Rs280-290/bag. The sector has been facing additional cost pressure amid higher coal prices (+20% since Jun-10) and gas load shedding. Sources confirm that cement prices are expected to gain further momentum going forward amid fresh demand post winter.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment