Dec 02, 2016 01:04 PM IST | Source: CNBC-TV18

Cement December volumes to decline by 10-20%: Systematrix

Cement price has also fell. But Arora says the prices are very volatile and will bounce back soon. Only after December end can we understand where the prices may settle.

Cement volumes may drop by around 10-20 percent in December due to demonetisation, says Jaspreet Singh Arora, Systematix Intitutional Equities.

Cement price has also fellen. But Arora says the prices are very volatile and will bounce back soon. Only after December end can we understand where the prices may settle.

He says the dealers have also started giving extra credit to buyers. They have also started increasing the credit duration.

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