Cement Prices Are Expected to Witness a Positive Trend in Future
Due to the cyclic nature of the industry, cement prices show large fluctuations. The prices tend to increase during the periods of high demand growth & high capacity utilization, and witness a downturn movement if the industry sees low capacity utilization. According to a recent report by RNCOS “Indian Cement Industry Outlook 2016”, the industry is witnessing serious downturn in cement prices since the mid of 2012-13. Due to a slowing economy, the construction activities have declined, impacting demand of...
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