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Real Estate Forum on Cement Boycott Telengana

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Q: I heard this news lately that the builders in Hyderabad have decided not buy cement till July 26. Is that true guys? Why?
Latest Answer: Yes but the cement companies are also justified in their case. Especially after the unstable fuel prices, it was becoming increasingly difficult for any cement company to make a solid profit. Especially in the last quarter of 2013 and the first quarter of this year, cement companies failed to make any profit at all. I don’t know how much longer the builders can carry on this boycott, because any kind of construction work is not possible without cement. I don’t think the cement companies are going to yield, the builders will have to cut their losses and move on.
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