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Cement-Clamour for More Relief
April 4, 1987 has; it is, in fact, in a position to dictate prices.
The implications of the CCI and the Maharashtra federation winding up the current without any stock with them can be quite far reaching. The private trade which will be carrying fairly large stocks this time has all the ingenuity and expertise for exploiting the rare opportunity. Cotton mills will be entirely at the mercy of the trade and the worst hit will be the financially weak units which have to make do with bare minimum stocks all the time. The private trade's marketing strategy will be influenced in no small measure by the behaviour of the south-west monsoon. Only the timely onset of the monsoon can have a chastening effect on the market.