Cement prices to shoot up 10-15% as coal, oil, freight charges rise: ACC
Kuldip Kaura, CEO & MD, ACC told NDTV that the cement industry has faced severe increase in input prices with a 100 per cent increase in high grade coal prices since 2010. Oil prices and freight charges are also impacting negatively. "Industry will have to pass on cost burden to customers. Prices could go up 10-15 per cent depending on seasonality," he said.
