According to JM Financial’s report titled “Indian Cement | Sagar Cements: Dachepalli plant visit takeaways”, the Southern region has witnessed firm pricing after years of sluggish growth. The analysts noted that despite the recent rise, spot cement prices are still 15–20% below historical peaks, indicating potential for further firming if demand continues to improve.

Key Drivers of Price Increase:

• Regional Demand Recovery: Consumption is rebounding across Andhra Pradesh, Telangana, and Tamil Nadu, with overall demand expected to grow 6–8% YoY in FY26.
• Better Pricing Discipline: Cement manufacturers appear to be maintaining production discipline, avoiding excess supply in the market.
• Pre-Monsoon Activity: Construction and infrastructure stocking ahead of monsoons has also supported short-term demand.

The report adds that the outlook for cement prices in the Southern region remains positive, supported by strong infrastructure push and upcoming capex across the sector.

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The post Cement Prices Rise by ₹45–50/Bag in South India | JM Financial Flags Uptrend in Sector Outlook appeared first on Square Feat India.