March 14, 2018

ACC and Ambuja Cements have announced a plan to enter into a master supply agreement with each other for supply of cement, clinker and raw materials. This announcement was made when their merger were put on hold.

The prices have corrected a bit in the last couple of months. February, the prices were a bit higher and we are seeing the prices coming off by anywhere between 7 percent and 12 percent, depending on the region, said Ladiwala.

March end is the time when the government want to use up their budget allocation and therefore demand comes in at this time, so we don’t see a price cut during March but prices have come off during this month and it is a little unexpected and not supposed to last for too long, he added.

 

About Neha Singh

I am a content writer at Money Classic Research. I am first a Fashionista and then a writer. Born and brought up in the heart of India. I am better known for my creativity and passionate nature. I have expertly written content for magazines as well as for blogs.
By: Neha Singh

Leave a Reply

Your email address will not be published. Required fields are marked *