- Cement prices in South India rose by Rs 10 per 50-kg bag in August
- Tamil Nadu prices now Rs 310-315, Kerala Rs 320, Karnataka Rs 320-330
- No price change reported in Andhra Pradesh, Telangana, West, North, East India
Cement prices in South India have increased by Rs 10 per 50-kg bag in August, with Tamil Nadu, Karnataka and Kerala witnessing the hike, according to channel checks.
In Tamil Nadu, wholesale prices have risen to Rs 310-315 per 50-kg bag, while Kerala prices are now around Rs 320 per bag and Karnataka prices stand at Rs 320-330 per bag.
There has been no change in cement prices in Andhra Pradesh and Telangana, while prices have also remained unchanged across West, North and East India.
Central India, meanwhile, has seen a marginal price decline of Rs 3-4 per 50-kg bag.
The latest increase follows a price hike in Q1, when cement prices rose by around Rs 15 per 50-kg bag on average.
East India saw the sharpest increase of around Rs 27 per bag in Q1, while West, North and South India witnessed hikes of Rs 13-15 per bag. Central India saw prices rise by Rs 7-9 per bag during the quarter.
The latest price increase is aimed at offsetting higher input costs, particularly packaging and freight expenses.
Analysts estimate that the industry may require a cumulative price increase of around Rs 35-40 per 50-kg bag to fully offset the impact of higher input costs, with the impact expected to be spread across Q1 and Q2.
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