From The Economic Times · ANI · · 50s
Cement prices rise by Rs 10-15 per bag
Cement manufacturers in India will raise prices by Rs 10-15 per bag starting mid-October to offset rising input costs.
In brief
Cement manufacturers in India will raise prices by Rs 10-15 per bag starting mid-October to offset rising input costs. Indian cement firms plan Rs 10-15 per bag price hikes from mid-October to counter higher fuel and raw material expenses. Originally reported by The Economic Times.
Price hike expected
Cement manufacturers in India will raise prices by Rs 10-15 per bag starting mid-October to counter input cost pressures.
“Given the onset of a busy season, favorable demand supply scenario, and basis our channel checks, there is a high probability of a Rs10- 15/bag price hike from 12-Oct”
Clinker utilization rises
Clinker utilization rates increased to 79 percent by the financial year 2028 due to delayed plant expansions.
“Delayed plant expansion programs across the sector also caused clinker utilization rates to rise toward 79 per cent by the financial year 2028”
Input costs strain profits
Elevated input costs of Rs 300-400 per tonne have strained cement sector profitability since June 2026.
“Elevated input costs (Rs300-400/t) have been the industry's pain-point for the past 6-7M - full impact of this is likely to be seen in 2Q earnings”
Price hike needed
The industry needs another Rs 10 per bag price hike to offset input cost inflation.
“To offset the cost inflation (Rs300-400/t), the industry will need another ~Rs10/bag (~3%) of sustained price hikes”
The one thing
Indian cement firms plan Rs 10-15 per bag price hikes from mid-October to counter higher fuel and raw material expenses.
