Cement Demand Still Weak
Despite signs of revival in the cement markets in India, cement demand still remains lacklustre. The demand for cement in the month of June 2015 was better than the previous three months. The cement Industry is keeping a close watch on the monsoon which will determine the way the rural cement market behaves.
A good monsoon will ensure that the rural markets will have surplus money to spend on housing and other related construction activities. A less than average monsoon will see the rural retail cement markets under pressure as rural spending will be muted.
The cement industry is placing high hopes in the revival in a big way of infrastructure spending by the government in the coming quarter.
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