Cement prices see regional surge amid muted demand: Girija Shankar Ray

Girija Shankar Ray from Yes Securities outlines the fluctuating cement prices over recent months, highlighting regional variations and factors impacting demand. Eastern and central regions see significant price hikes, while Southern remains stable. Energy costs, including petcoke, are rising, affecting cement margins. Government capex slowdown and upcoming festivals also impact demand, with better forecasts for FY26. Girija Shankar Ray from Yes Securities outlines the fluctuating cement prices over recent months, highlighting regional variations and factors impacting demand. Eastern and central regions see significant price hikes, while Southern remains stable. Energy costs, including petcoke, are rising, affecting cement margins. Government capex slowdown and upcoming festivals also impact demand, with better forecasts for FY26.  Economic Times