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Cement hardens in India

机译:印度水泥硬化

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With supply lagging behind demand by a long chalk, even a lowering of levies may not bring cement prices down. The cement industry is on a roll. Like never before. Demand for cement, thanks mainly to the construction boom across the country, is growing at a healthy clip. Cement plants are working at near full capacity, and have little headroom to increase output. All this has resulted in prices going up, across the country rather than in specific markets as was the case on earlier occasions. The cement industry feels that 2006-07, when even loss-making companies have turned around rather dramatically, will be a record year in terms of sales and turnover and the next year an even better one. It was these reasons and the fear of criticism that probably prompted the Centre to remove the 12.5 percent import duty on Portland cement last month. But the industry is unfazed, as it feels that prices are rising because of a genuine demand-supply mismatch rather than due to artificial factors.
机译:由于供应落后需求很长,即使降低税率也不会降低水泥价格。水泥行业正在发展。前所未有。主要由于全国建筑业的繁荣,对水泥的需求正在健康增长。水泥厂正在接近满负荷运转,几乎没有净空来增加产量。所有这些导致全国各地的价格上涨,而不是像以前那样在特定市场上上涨。水泥行业认为,2006-07年,即使是亏损公司也出现了相当大的变化,这将是销售和营业额创纪录的一年,而明年则是更好的一年。正是由于这些原因和对批评的恐惧,促使该中心上个月取消了对波特兰水泥的12.5%进口税。但是,该行业并不感到惊讶,因为价格上涨是由于真正的供需不匹配而不是人为因素造成的。

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