Sluggishly yours

Weather may have something to do with stalled demand for cement during winter, but during seven months of the fiscal year, domestic demand is considerably down (8%), contributing to the 2% decline in total dispatches, saved only by improvements in exports (up 32% in 7M). Cement industry lobbies are pushing for tax and duty reductions, while real estate developers are hopeful that the government will launch another housing scheme. Until then, demand might remain moderate to low.

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Still not at its peak
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