GENERAL15 Sept 2026
Cement companies' attempts to hike prices may fall flat
Cement companies are trying to raise prices by about ₹10 a bag in September, but dealers say it will be hard to make it stick. Monsoon slowdown and festival labour shortage are hurting demand, while fuel costs keep profits tight. Earnings may stay under pressure for now. If you buy cement, expect price swings; if you invest, wait for real demand recovery.
Key Statutory Highlights
- Nomura expects average pan-India cement prices in the trade segment to rise ₹10 per bag to ₹330 in September.
- Industry volume growth for July-August is estimated at 6-7% year-on-year, according to Motilal Oswal Financial Services.
- Cement spreads average around ₹2,447 per tonne in Q2FY27, a sequential drop of ₹63 per tonne as pricing does not fully offset fuel costs.
Actionable Advice for Taxpayers / Founders:If you run a construction or building material business, review your cement purchase contracts now and keep some buffer for price changes. This is general market information, not investment advice, so please speak to your own adviser before acting.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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