Rakesh Arora explains the cement sector s rebound after price cuts driven by market share battles. He predicts limited sustainability in price hikes due to aggressive volume pushes by top players like UltraTech and Adani Cement. Arora further says that while commodities will have an uptick, it is not going to be a full-blown bull cycle.
Amid the Russian invasion of Ukraine, which has driven up global metal prices, additional price increases are expected for nickel, cobalt, lithium, copper, and other metals essential for electric vehicle batteries, the IMF said in a report published on Dec. 26.