Pricing scenario in various regions during the quarter
Average cement prices in the region were at Rs 309 per 50 kg bag. In the east, prices and demand have been subdued and average cement prices remained flat at Rs 318 per 50 kg bag in March in comparison with Rs 319 in February this year. Cement prices have remained flat q-o-q in the eastern region as price hikes implemented at the start of the quarter retracted in the second half due to weak overall demand.
Eastern region prices were also impacted by supply influx from the Andhra Pradesh region.