Nuvama Report: Cement Prices Expected to Climb by End-March Due to Soaring Crude Costs

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Cement Prices to Rise by End-March Amid Soaring Crude Costs: Nuvama Report

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News18•19-03-2026, 13:00

Cement Prices to Rise by End-March Amid Soaring Crude Costs: Nuvama Report

•Cement prices are projected to increase by late March or early April 2026 due to rising crude-linked input costs, according to a Nuvama report.
•Dealers anticipate price hikes to offset the impact of increasing pet coke prices and higher packaging costs.
•Cement companies implemented price hikes in the non-trade segment in early February 2026, which were later rolled back in some regions.
•Despite recent softness, the demand outlook for the cement sector remains positive, with healthy demand expected in Q4FY26E.
•Government capital expenditure moderated in January 2026, while real estate volumes showed weakness, impacting cement demand.

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