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Informist, Tuesday, Jun. 3, 2025

 

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--Dealers: Cement cos cut prices by INR 10-INR 20/50 kg in Andhra, Telangana
--Dealers: Cement cos cut price by INR 10-INR 30/50 kg in Tamil Nadu
--Dealers: Cement cos price cut in Andhra, Telangana, Tamil Nadu from Mon
--Dealers: Cement cos price cut on weak demand, monsoon 
--Dealers:UltratTech, India Cements, Dalmia Bharat cut prices in South India
--Dealers: ACC, Ambuja Cement, Chettinad, NCL Industries cut prices
--Dealers: Sagar Cements, Orient Cement, Ramco Cements cut prices in S India

 

By Narayana Krishna

 

HYDERABAD - Cement manufacturers have cut prices by INR 10-INR 30 per 50 kilograms bag in some southern states from Monday, multiple dealers and industry officials told Informist. Cement companies with a significant presence in Telangana, Andhra Pradesh, and Tamil Nadu have communicated about the price cut, dealers said.

 

The price cut in Andhra Pradesh and Telangana is in the range of INR 10-INR 20 per 50 kg bag, in Tamil Nadu INR 10-INR 30, depending on the brand, dealers said. Following the price cut, the price of a cement bag in Andhra Pradesh and Telangana will be INR 310-INR 340, and INR 310-INR 360 in Tamil Nadu, the dealers said.

 

Subdued demand and monsoon related disruptions drastically reduced cement consumption in key south Indian states, impacting the volumes as well as pricing, a senior official from a Hyderabad-based cement manufacturer told Informist. Intense competition among companies to push the volumes is also another reason for prices not sustaining, the official said.

 

Almost all cement brands, including UltraTech, India Cements, Dalmia, Ramco Cements, ACC, Penna and its parent Ambuja, Chettinad, NCL Industries, Sagar Cements, Orient Cement, and several privately held cement manufacturers, are cutting the prices, the dealers reported.

 

The price cut was part of the invoice correction to help the dealers, head of a large cement manufacturer said, adding that the industry was expecting prices to sustain at the current level.

 

While focusing on sustainable pricing, cement companies also concentrated on pushing the volumes, as the competition is high, the official said. In Chennai, cement dealers announced special offers to push the volumes, an indication of the intensified competition for volume gains. According to STK Cement Pvt. Ltd., apart from discounted pricing, they are offering attractive offers on select brands for bulk supplies.

 

At 1222 IST, shares of UltraTech traded at INR 11,052 on the National Stock Exchange, down 1.3%, while those of India Cements were up 3.5% at INR 341. ACC shares fell 0.6% to INR 1,872.80 and Ambuja Cements were down 0.6% to INR 552%.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Akul Nishant Akhoury

 

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