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Cement prices stay firm in May despite pandemic - The Economic

Jun 03, 2021  ET Intelligence Group: The trend in cement prices has remained resilient despite demand disruption amid local lockdown in various parts of the country. This is because the cement makers continue to prioritise pricing over volume gain. All India average cement price improved by 1.1% sequentially in May to Rs 356 per 50 kg bag.

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Cement prices stay firm in May despite pandemic - The Economic

Jun 03, 2021  This is because the cement makers continue to prioritise pricing over volume gain. All India average cement price improved by 1.1% sequentially in May to Rs 356 per 50 kg bag. Compared with the year-ago level, it was a tad lower by1.3%. Analysts are bullish on cement companiesfollowing firm prices and a gradual relaxation in lockdown across states.

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Cement prices In Q4: Cement prices likely to stay firm in Q4 after ...

Feb 08, 2022  In January, companies increased prices by 2-5% compared with the previous month. All India average cement price increased by 5% year-on-year to Rs365 per 50 kg bag in January. It was 2.1% higher than the month-ago average price. In the recent past, cement prices did not see any major increase as companies were unable to peg the demand trend.

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Cement prices rise again as cost pressures intensify - CRISIL

Apr 20, 2022  For the full fiscal, the prices were up ~79% on-year Moving in sync with crude oil, international petcoke prices, which had begun easing between December 2021 and February 2022, shot up ~43% on-quarter in March. Last fiscal, US petcoke prices were up ~96%.

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cement: Cement prices to rise again; cost pressure to continue in

Apr 20, 2022  Cement prices to rise again; cost pressure to continue in FY23: CRISIL Research Pent-up demand from prior quarters and lower volume offtake in the first quarter of fiscal 2022 due to the pandemic’s second wave have built a low base for sequential as well as on-year demand growth in the first quarter of fiscal 2023, says a CRISIL Research report

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The global cement industry: pandemic impact and outlook to 2022

Sep 03, 2021  World cement demand is forecast to increase by 4.65 per cent in 2021F and 2.45 per cent in 2022F, according projections released in the 14th Edition of The Global Cement Report™. The report also highlights a slowdown in capacity additions over the last two years.

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Impact of COVID-19 on global cement markets

Jun 01, 2020  What a difference a few months makes. As recently as February, during Cemtech Middle East and Africa 2020, I gave its first view on global cement consumption in 2020. Back then I was quite optimistic about the volume outlook for many markets, expecting global cement demand to increase almost three per cent – broadly similar to world GDP.

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cement stocks: Net profit of big cement firms surges 29.6% in

Jun 21, 2021  The cement volume growth has been disrupted in the April-June quarter of FY22 after the second wave of COVID-19, but the sector is expected to see good a recovery post-monsoon led by the government's thrust on infrastructure activities and housing construction, it added. "FY21 has proved to be a good year for the Indian cement sector.

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Cement industry and the COVID-19 crisis

Mar 20, 2020  The latest reports reveal that building material companies are likely to come under increasing pressure to stop work as the pandemic reaches new proportions. In China, cement production over the first two months of the year fell by 29.5 per cent, in the first signs of how the virus and strict quarantine measures have affected construction activity.

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Covid-19 Impact on the Global Cement Industry - GineersNow

Nov 01, 2020  550 Cement Industry As expected, the COVID-19 pandemic has put a toll on the construction industry across the globe. The outbreak continued to affect numerous construction projects across many countries, causing the industry to experience a decline in the demand for its products. This will eventually lead to overcapacity in many regions.

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Cement prices stay firm in May despite pandemic - MagicBricks

Jun 04, 2021  This is because the cement makers continue to prioritise pricing over volume gain. All India average cement price improved by 1.1% sequentially in May to Rs 356 per 50 kg bag. Compared with the year-ago level, it was a tad lower by1.3%. Analysts are bullish on cement companies following firm prices and a gradual relaxation in lockdown across ...

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Cement prices in north may stay firm after CVD rollback

Jan 03, 2009  Read more about Cement prices in north may stay firm after CVD rollback on Business Standard. Cement prices may stay firm in the northern region after the government yesterday restored the counter-vailing duty (CVD) and special CVD on imported cement, which was removed 19 months ago to contain

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Cement prices may stay firm on rising demand Business

Mar 04, 2009  Read more about Cement prices may stay firm on rising demand on Business Standard. Rising demand from the country’s semi-urban regions and the housing sector is likely to keep cement prices firm for the next few months. The demand for the building material, which saw a sudden spurt in November-December, has not been affected by

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Cement firms unable to hike prices despite surge in input costs

Mar 09, 2022  However, some of the south-based companies had increased cement prices by Rs 10 per 50 kg bag in February. During the first nine months of the financial year, cement prices rose by 3-3.5%, hit ...

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Soaring Concrete Prices Add to Already-High Price Tag on New

Jun 15, 2021  A new Freedonia Group analysis projects global demand for cement to rise 2.9% per year to 4.7 billion metric tons valued at $340 billion in 2025. The relatively restrained pace of growth will be ...

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Cement prices firm despite cut in excise - cemnet

May 21, 2007  Cement prices firm despite cut in excise. 21 May 2007. Indian cement prices are likely to remain flat despite the recent reduction in excise duty by the government. So far, Gujarat has witnessed a marginal reduction of Rs 1 per bag, while the southern region hasn’t shown any sign of a cool-off, yet.

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Prices increase despite pandemic restrictions easing

Jul 03, 2022  As director of Vnflour Co, a firm that produces and supplies flour for brands such as Vifon, Thiên Hương Food and CP Food, Nguyễn Trần Ngọc Trinh said increasing gasoline and raw materials prices were greatly affecting production since pandemic restrictions have been eased. Trinh said: "The price of wheat has increased by 30-40 per ...

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Oil prices stay firm on fuel demand despite COVID-19 surge

Dec 30, 2021  SINGAPORE — Oil prices rose on Thursday to extend several consecutive days of gains, buoyed by data showing U.S. fuel demand holding up well despite soaring Omicron coronavirus infections. Brent crude futures rose 24 cents, or 0.3%, to $79.47 a barrel at 0502 GMT, up for a fourth day. U.S. West Texas Intermediate (WTI) crude futures rose 26 ...

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Oil prices stay firm on fuel demand despite COVID-19 surge

Dec 30, 2021  Global oil prices have rebounded by 50% to 60% in 2021 as fuel demand roared back to near pre-pandemic levels while deep production cuts by OPEC+ producers for most of the year erased a supply ...

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Cotton prices may stay firm despite bumper crop - The

May 31, 2007  The country may produce 300 lakh bales in the coming season as against a production of 270 lakh bales in 2006-07. Despite increase in production prices may stay firm due to a buoyant domestic demand. Local prices were 5-9% high this year over last year’s.

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'Cement prices may go up if input cost continues to rise': India ...

May 23, 2021  If there is an increase in the input cost, we will have to increase the price. In May, cement prices were up by Rs 10 per bag. Prices may go up in the month of June by another Rs 10 to Rs 15 per bag."

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"Edible oil prices likely to stay firm till ... - The Economic Times

Nov 05, 2020  Pune: Edible oil prices, which have increased by 20% to 40% during the past couple of months, are expected to stay firm at least till January despite subdued demand amid the pandemic, mainly due to supply side disruptions. The government is cautious about reducing import duties to check the inflationary trend in edible oils at a time when many domestic

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Despite Pandemic, Residential Prices Remain Firm - REIT

Apr 08, 2021  These homes are professionally managed, with space and access to suburban schools for families not ready for homeownership. Residential prices remain firm despite the pandemic. Prices of single-family homes are rising rapidly as low interest rates and households seeking to avoid dense locations spur demand, and prices of apartment properties ...

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Pandemic forces cement firms to delay projects - BusinessWorld

Dec 18, 2020  The pandemic has delayed the plans of domestic cement companies to improve operations as part of their measures to compete with imports while safeguard duties are being applied. In a public hearing held by the Tariff Commission on Friday, Cemex Holdings Philippines Enterprise Risk Manager Jose Mauro Gallardo Valdes said two out of six projects ...

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Cement prices in north may stay firm after CVD rollback

Jan 03, 2009  Read more about Cement prices in north may stay firm after CVD rollback on Business Standard. Cement prices may stay firm in the northern region after the government yesterday restored the counter-vailing duty (CVD) and special CVD on imported cement, which was removed 19 months ago to contain

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Cement prices may stay firm on rising demand Business

Mar 04, 2009  Read more about Cement prices may stay firm on rising demand on Business Standard. Rising demand from the country’s semi-urban regions and the housing sector is likely to keep cement prices firm for the next few months. The demand for the building material, which saw a sudden spurt in November-December, has not been affected by

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Cement firms unable to hike prices despite surge in input costs

Mar 09, 2022  However, some of the south-based companies had increased cement prices by Rs 10 per 50 kg bag in February. During the first nine months of the financial year, cement prices rose by 3-3.5%, hit ...

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The global cement industry: pandemic impact and outlook to

Sep 03, 2021  As the pandemic continues well into the second half of 2021 with no definite end in sight, visibility remains uncertain, but from current trends, the global cement growth outlook is expected to exhibit a V-shaped recovery. World cement demand is forecast to increase by 4.65 per cent in 2021F and 2.45 per cent in 2022F, according projections ...

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'Cement prices may go up if input cost continues to rise': India ...

May 23, 2021  If there is an increase in the input cost, we will have to increase the price. In May, cement prices were up by Rs 10 per bag. Prices may go up in the month of June by another Rs 10 to Rs 15 per bag."

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Cement prices set to stay firm till monsoon - dnaindia

Feb 18, 2012  IPL 2021: KKR lose 6 wickets for seven runs, but get out of jail to se...

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Cement companies' profit poor in Q3 despite higher prices, better sales

Jul 04, 2022  Similarly, in the third quarter, Vicem Hải Vân Cement JSC (HVX)’s revenue fell 5.9 per cent over last year to VNĐ152.8 billion, while it lost VNĐ1.2 billion. In the third quarter last year, it recorded a net profit of VNĐ798.7 million. As of September 30, the company only made a profit of VNĐ404.9 million, down 90 per cent over the ...

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Pandemic forces cement firms to delay projects - BusinessWorld

Dec 18, 2020  The pandemic has delayed the plans of domestic cement companies to improve operations as part of their measures to compete with imports while safeguard duties are being applied. In a public hearing held by the Tariff Commission on Friday, Cemex Holdings Philippines Enterprise Risk Manager Jose Mauro Gallardo Valdes said two out of six projects ...

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India: cement prices to rule firm despite imports

Sep 17, 2007  A Macquarie Research report on cement said that cement prices should maintain their upward trend for the next 12-15 months, until some large greenfield projects come on-stream. The Pakistan cement industry has almost doubled its capacity to approximately 40m tonnes in the last two years and is believed to in a large surplus zone.

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Housing demand to stay firm in spite of rising prices, interest rates

The momentum in housing demand across India’s top six cities 1 is expected to continue this fiscal and grow 5-10% despite rising property prices, interest rates and a high-base effect. The leverage and credit profiles of real estate developers, which had strengthened on the back of recovery in fiscal 2022, should sustain over the medium term.

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Cement prices in the Dominican Republic are 18% lower than

Apr 21, 2021  Cement is one of the products that has varied the least despite international market increases. The retail price of cement in the country’s hardware stores remains 18% lower than the average of other countries, which means that the cement industry in the Dominican Republic is one of the most competitive in the region in the last eight years, according to a

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Explained: Why high prices are here to stay - The Indian Express

Nov 16, 2021  The first thing to remember is that high inflation predates the start of the pandemic in India. Data shows that retail inflation was above or near the RBI’s comfort zone since late 2019. These price pressures continued to stay elevated during the pandemic despite a complete collapse of demand.

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Cement Market Size, Share Global Industry Trends, 2022-2029

The global cement market size was valued at USD 326.81 billion in 2021. The market is projected to grow from USD 340.61 billion in 2022 to USD 481.73 billion by 2029, exhibiting a CAGR of 5.1% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with cement experiencing lower-than-anticipated demand ...

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House prices boom despite the pandemic The Economist

Apr 09, 2021  Apr 9th 2021 (Updated Apr 11th 2021) WHEN THE pandemic shut down the world’s economies last year, you may have supposed that housing markets would be clobbered. Not a bit of it. In 25 economies ...

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