Cement prices surge to one-year highs across India. Major manufacturers have raised prices by 15-20 rupees per 50 kg bag in April, marking a 5% monthly increase. The West Asia conflict is driving up global energy and freight costs, squeezing producer margins significantly. Fuel and packaging expenses, which represent substantial portions of production costs, continue climbing as crude oil prices remain elevated. Industry analysts expect further price increases in coming weeks if demand holds steady, potentially pushing cement toward four-year peak levels near 300-305 rupees per bag. Power and fuel costs alone could rise 10-12% this year according to estimates. Supply chain disruptions for polypropylene packaging materials add additional pressure as refiners prioritize LPG production over petrochemical output. UltraTech Cement, India's largest producer, led the recent price increases.
Post from MarketNews_en
Log in to interact with content.