Indian cement prices have improved through January following a sharp fall in December, the Economic Times of India reports. Delhi, Bangalore and Hyderabad proved to be the only exceptions with prices stagnating in the former two and declining in the latter.
Prices improved primarily to compensate for declines in November and December. Demand, however, remained weak in all regions causing analysts to state that companies may find it difficult to raise prices in the coming months should consumption levels fail to improve.
