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Cement is extremely expensive in India, about the equivalent of 5 US$. There is practically no cement/concrete production in India.

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What is the price of one sac of cement in India?

300


What is the contribution of cement industry in the GDP of India?

The cement industry is one of the oldest sectors of business in India. It accounts for around 11 percent of the total GDP.


What is the current price of one cent of diamond in India?

As of my last update in October 2023, the price of diamonds can vary significantly based on quality, cut, clarity, and color. Generally, the price for diamonds in India can range from around ₹3,000 to ₹10,000 per cent (0.01 carat), depending on these factors. For the most accurate and current pricing, it's best to consult a local jeweler or an online marketplace.


What are the Determinants of demand for cement?

1. Cement demand - High correlation with GDP :Cement demand is directly linked to economic activity. Since infrastructure investments and construction activity, which are the main drivers of cement demand, are key components of GDP, cement demand growth has high correlation to GDP growth. Further, housing (both rural and urban), also a determinant of cement demand, depends on agricultural productivity and income levels, which are again a key components of GDP.2. Shift in population profile:Continued growth in population and change in population profile also effect on the demand of cement. Based on decline in average age of home purchasers coupled with higher income levels, we believe that the population within the 25-44yr age group is critical to the growth in housing demand as well as the cement demand will also increase.3. Income Level:Strong economic growth helps boost disposable income. This coupled with easy availability of finance enables households to migrate from nonpucca houses to urban pucca housing and results in increase in demand for larger houses, thereby raising average size of dwelling units. Thus it will also increase the demand of cement as it is the main component of building houses.4. Infrastructure development:The demand of cement industry depends on infrastructure facilities in the field of coal & power supply and rail transportation for its sustainable development. Good number of large infrastructure construction projects like Padma Bridge, Flyovers, and highways are on the pipeline. So there is a huge demand of cement for this type of infrastructural development.5. Access of loan/finance:The expansion of mortgage lending and construction reflects a greater demand for infrastructure building, to be beneficial for the cement industry. Now-a-days many financial institutes are providing home loans and commercial loans, which may help to boost up the demand of cement.6. Nuclear families and urbanization:The joint family system in Bangladesh has been gradually moving towards nuclear families. Migration of population towards urban areas due to better job opportunities coupled with rapid urban infrastructure development would affect the increase of the demand of cement. Hence, with the ever-growing population, expected reduction in the size of an average Bangladeshi household, outlook for housing demand remains extremely positive.7. Price level:Cement is almost a price inelastic product as it does not have any close substitute in the short run. So if it is required to build something, then the demand of cement is must, no matter whatever the price is. Moreover, the pricing of cement of various players in the industry are very close to one another. The model of industry competition has led to a remarkable stability in cement prices in recent years, encouraging greater demand.8. Fiscal incentives and development plans:Fiscal incentives and development plans helps to continue boosting cement demand. Fiscal incentives granted by the Government have provided boost to housing demand. Additionally, the budget of Bangladesh is also emphasizing on ADP (Annual Development Plan) which includes developing the roads and contractions, schools, hospitals etc, which will increase the demand for cement.9. Business opportunities:Bangladesh is also providing incentives for the foreign investors (EPZ). While construction activity and housing market have attractive returns on investment, encourage the entry of investors and construction companies. This can be a positive determinant of the demand of cement.10. SeasonalityBangladesh cement industry is known for its seasonality which can be as high as 50%. Cement demand declines during the monsoons due to a slowdown in construction activities. On the other hand, though the yearly capacity of the industry is saturated with overcapacity, market demand gets matched or cross the effective capacity during the first 5 to 6 months of the year.11. CompetitionIn cement industry there is an intense competition among players regarding price due to homogeneous product. So, if the price of the imported cement decreases, then the demands of local cement will decreases and vice-versa.12. Price of related goods:There is no "Substitute" for Cement. Steel can be used in construction but in limited extent due to its high cost. On the other hand, in rural areas of the country that may use "quincha" (a mixture of straw and mud), but it cannot be matched with the quality of cement.13. Taxes and TariffsThe multinational cement companies are at an advantage because they import their own clinker. They just need to pay the import duty and taxes. They also have an advantage as the government allows them to import at a very low cost if the work is done for the government. But the local companies have to pay the import duty and also the price of the clinker. For this reason, the price of local cement is higher than the imported cement. Thus the demand for local cement falls.


What is relative price?

The price of one good in comparison with the price of other goods

Related Questions

What is the price of one sac of cement in India?

300


Sacks per cubic yards what does it mean?

* CEMENT: 1 Sack = 94 lbs. so we can say that sack is nothing but one cement bags(50 kg)


How many cubic feet does one 88lb sack of cement fill?

.936 cubic feet


How many cubic feet does one 94 lb sack of portland cement make?

~ 1 cu. ft.


How many square feet of concrete will one sack of portland cement provide?

That will depend on the thickness (depth) of the concrete.


What is the contribution of cement industry in the GDP of India?

The cement industry is one of the oldest sectors of business in India. It accounts for around 11 percent of the total GDP.


How much does a bag of concrete cost?

the price of one bag of cement in India is about 200 rupees.


What is the price of JSW cement in Dindigul?

When it comes to the construction industry in India, the importance of quality cement cannot be overstated. One of the prominent players in this sector is JSW Cement, a part of the JSW Group, which has made significant strides in providing high-quality cement products. Shree Sivabalaaji Steels, commonly known as 3S Groups, is a trusted distributor of JSW Cement, contributing to the brand's widespread reach and accessibility. It will explore the rates of JSW Cement, the role of 3S Groups in this distribution, and the factors influencing cement pricing.


Where can one buy a Canon camera in India?

There are a number of stores in India one can buy a Canon camera from. They can be purchased from 'Price Dekho', 'Flipkart', 'Price Deals India' and 'MySmartprice'.


What is the price of the set of twilight series in Delhi India?

300 to 350 is the range price of one book in India


Why does a bag of cement weigh 94 pounds?

The weight of a 94 lb. sack of cement is incidental - the bag is packaged in that size in order to hold one cubic foot of cement, and 94 pounds is simply what one cubic foot of dry cement powder weighs. Mix design for concrete was originally performed by volume and not by weight. Mix designers were initially concerned about variations in density and thought volume would deliver the most consistent results. As time progressed, they found that mix design were not adversly affected when designed by weight, (which was also much simpler), and therefore became used industry wide. Because 94lbs of cement is, as noted above, what 1 cubic foot of cement weighs, the 94 lb sack was a backhanded way for the mix designers to check the weight calculations easily with known volumes.


What is the price of htc one X in Bangkok?

20000 in rs of india