Strong prices offset the muted volume growth 3QFY20E Overview: Price continues to remain under pressure (3.8% down on QoQ, Rs12-13/bag) during this quarter due to slowdown in construction activity, prolonged monsoon and liquidity problems in Govt. Projects. South and West witness higher prices drop (5% down on QoQ); whereas East and North showed 3% price drop during the same period. Central would be most preferred region during 3QFY20; where prices were...