Cement demand in India is likely to remain subdued in 2015 as government spending remains weak, according to JPMorgan Chase. But demand should pick up from the 2016 fiscal year.
Cement demand in India is likely to remain subdued in 2015 as government spending remains weak, according to JPMorgan Chase. But demand should pick up from the 2016 fiscal year. "We will await clarification on the recently completed tender for the procurement of cement by the Highways Department," JPMorgan said. Road construction can be a big demand driver, and it may face fewer problems than other projects.
Cement demand in India is likely to remain subdued in 2015 as government spending remains weak, according to JPMorgan Chase. But demand should pick up from the 2016 fiscal year.
2014-11-25 10:13:21
CEMPI
95.32
+0.01 +0.01%
CONCPI
89.44
0.00 0.00%
CLKPI
97.71
0.00 0.00%
SPPI
44.78
-0.13 -0.29%
MORPI
73.32
0.00 0.00%
On June 4, the delegation of Hebei Building Materials Industry Association went to Shandong Cement Industry Association to hold a symposium. The two sides conducted in-depth exchanges and practical discussions on common issues such as the current operation characteristics of the building materials industry, changes in the market environment and industrial transformation and upgrading. This visit is a concrete practice of Hebei Association to actively innovate its working methods and serve the healthy development of the industry, aiming at learning from the advanced experience of other provinces and jointly exploring a new path for the high-quality development of the cement industry.
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