BULK CEMENT PRICES SLIDE AS NEW CUPACITY BOOSTS SUPPLY

摘要

A string of new capacities, which came outstream in recent months, has started impacting cement prices. Prices of bulk cement - bought by construction companies in large quantities directly from cement makers - have come down by at least 100 rupees per cent. "There is surplus cement in the market leading to a decline in bulk cement rates," says Shree Cement MD and Cement Manufacturers Association president HM Bangur. Bulk cement constitutes around 30 percent of Shree Cement sales". The contribution of bulk cement in overall sales fro other cement in overall sales for other cement makers varies between 10-50 percent.