Weak Monsoon News Today

Cement prices have been raised for the second time this month in eastern parts of India, while remaining steady in other regions. Weak monsoon rains in August helped boost demand, resulting in price increases of 3-10% earlier this month. Cement prices are now at record highs in the Kolkata region, at around Rs 410 per bag, and at a pan-India high of Rs 435 per bag in Odisha.

Bhubaneswar: Rainfall activity has dropped in the state because of the prevailing weak monsoon but is likely to pick up again gradually from September.

A weakened monsoon in August is adding to the challenges of farmers as well as agrochemical manufacturers.