Cement prices have seen sharp decline (Rs9-10/bag) due to fog issue in winter along with slowdown in infra/real estate projects. On demand front, dealers suggested volumes under pressure as ACC, Ambuja and Bharti (Follow Calendar Year as Financial Year) have been pushing excess stocks to achieve end of the year target which further forced price down. However, last 10 days of Dec demand has showed marginal improvement on the account of low cost housing. Our dealer check suggests that all India average prices have declined by 2.7% MoM (Rs9-10/bag) to Rs.314/bag, which is...