Cement's all-India average price stands at Rs 291/bag
In last October, all-India cement prices saw a marginal improvement in select regions (north, central and south) on account of the end of monsoon season. The all-India average cement prices stood at Rs 291/bag. The northern region saw a rise of Rs 20-23/bag, one of the highest among all regions, which took average October prices to Rs 295/bag.
In the south and central regions, prices recovered marginally by Rs 7-9/bag, which took average prices in the south and central region to Rs 302/bag and Rs 272/bag, respectively, for October 2012.
In the eastern region, prices remained flat as that of last month while the west region saw a decline of Rs 10-12/bag MoM to Rs 285/bag due to subdued demand. With this mixed pricing trend, all-India average cement prices stood at Rs 291/bag, a marginal recovery of Rs 6/bag MoM.