Q2 earnings preview: Long rain spells bad news for cement companies

Cement trade, which reported a decline in quantity progress in June 2019 quarter (Q1), is more likely to submit one other tough quarter, as monsoon season overstays. Company officers and trade consultants mentioned demand in September continued to stay weak and costs had been underneath strain in sure markets.

The first two months of Q2 is mostly weak for the cement sector owing to monsoons. However, trade officers level out an extended monsoon has pushed weak demand onto to September as properly. ‚ÄúDemand in September was additionally weak because the monsoon impression was seen past August. I anticipate …


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