Business
Cement trade price rises Rs 7 per bag in September
The Hindu BusinessLine··29 Sept
India's average cement trade price rose Rs 7 per bag month-on-month to Rs 356 in September, Centrum Broking said. Companies may try further Rs 5-20 per bag hikes in October if demand and dealers allow. South India led with an Rs 11 rise, followed by West India at Rs 9. Q2FY27 averaged Rs 351 per bag, down Rs 1 sequentially.
Prism
What It Means For You
- Builders and dealers may see another October attempt at Rs 5-20 per bag increases after September's rebound.
- Centrum said higher company billing rates were not fully passed on in several markets before quarter-end.
- Fuel-price rises in recent weeks remain a key test of whether hikes stick.
What's Happening
- September pricing gained across trade and non-trade segments after flat July and August levels.
- South India rose Rs 11 per bag; Central, East and North each rose Rs 5.
- Demand weakness in Q2FY27 was less severe than the usual seasonal pattern, Centrum said.
How Q2 averages moved
- The Q2FY27 all-India average trade price was Rs 351 per bag despite September's Rs 356 print.
- Weaker July and August prices offset the late-quarter gain, the report said.
- Regional rainfall differences left September construction activity mixed across markets.
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