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Cement

About Cement

India's cement industry is a vital part of its economy, providing employment to more than a million people, directly or indirectly. It is the second largest cement industry in the world. The industry is currently in a turnaround phase, trying to achieve global standards in production, safety, and energy-efficiency.

Cement industry being one of the essential sectors for economic growth in India remains a long term play. After two years of low single digit growth, we expect +11.3% CAGR in demand over next couple of years as infrastructure projects and initiatives announced by the new government (Swachh Bharat Abhiyan, Freight corridors, Concrete roads, "Housing for All", 100 Smart cities projects, etc) comes on stream. Cement/GDP multiplier after declining to 0.98x over FY10-14 (lowest levels for a full 5 year term of a government in the past 30 years) is expected to bounce back sharply to 1.82x over FY14-17.Pace of capacity addition will witness structural slowdown as new projects at prevailing profitability levels are unlikely to be planned. Resultantly, industry utilizations will bottom out at 71.5% in FY14 (lowest since 1990) and improve at scorching pace to 85.8% in FY17 owing to expected improvement in demand and considerable decline in capacity additions.

Consolidation is expected to gain momentum as a) large cement producers having cash rich balance sheet wouldprefer inorganic route to expand owing to various bottlenecks in organic expansion, b) balance sheet of mid capcompanies are over leveraged resulting in sub-par profitability levels, c) expectations of sellers have tapered offlate). Further, subdued cost inflation coupled with likely firm cement prices offer strong support to profitability and hence return ratios are expected to head northwards

Cement Manufacturers & Suppliers

S.no Logo Company Name Company Location Area of Operation
1 Tradologie Ultratech Delhi NCR Delhi NCR
2 Tradologie Wonder Cement Delhi NCR Delhi NCR
3 Tradologie Shree Cement Ltd Delhi NCR Delhi NCR
4 Tradologie Lafarge Cement Delhi NCR Delhi NCR
5 Tradologie Nirmax Cement Delhi NCR Delhi NCR
6 Tradologie JK Super Cement Delhi NCR Delhi NCR
7 Tradologie JK Laxmi Cement Delhi NCR Delhi NCR

Product

This document pertains to the trade of Cement on Tradologie.com as per the specifications, Timelines and Terms and Conditions Set Forth.

Grade

The buyer shall have the option to request for quotes for the following standard grades of Cement

  1. IS 269: 2015 conforming Ordinary Portland Cement Grade 43 (OPC 43)
  2. IS 269: 2015 conforming Ordinary Portland Cement Grade 53 (OPC 53)
  3. IS 1489: 2015 conforming Portland Pozzolona Cement (PPC)
  4. Other Specification

Quotes and Deliveries of Cement for any of the above mentioned standardized Grades shall be required to conform to BIS or Equivalent International Standards. For Other Specification, the Sellers shall be Required to Offer Quotes and Delivery Conforming to the Specifications mentioned by the Buyer.

Size

Material shall be delivered in Packing of 50 Kg with standard tolerances as mentioned in BIS Standard, as applicable.

Other Quality Specification

Unless Specified, the sellers shall need to quote rate & deliver material in standard 12 metre length. For orders below 25 MT, rates shall be quoted for material in Bend state and material shall also be mandatorily delivered to the client in bend shape whereas, for orders of 25 MT and above, rates shall be quoted for material to be delivered in straight length on trailers.

Delivery Unit

Cement Bag can be bought in the Multiples of 1 Bag from the Tradologie Platform with 50 Bag being the Minimum Order Size.

Quotes

Rates shall be Quoted for 1 Bag of Cement inclusive of All Taxes, freight till the delivery location, insurance and all charges pertaining to delivery.

Payment Obligations

Payment Obligations can be completed by the buyer using 2 Routes for purchases made through Tradologie.com

  1. ESCROW Account maintained by Tradologie.com
  2. Line of Credit (LC) in Favour of Seller

The Route being preferred by the buyer shall need to be intimated at the time of setting up of Enquiry. In Case of LC route, Buyer shall need to specify Bank opening the LC and upload sample LC format at the time of Setting up enquiry.

Delivery Logic

Buyer can Specify whether he shall be requiring the complete material together or shall be accepting Partial Shipments. The Buyer shall also be at Liberty to specify his Priority of Material at the Time of Floating of Enquiry.

The Sellers are Bound to adhere to the Delivery Logic Specified by the buyer and the sellers should ensure that the complete material is dispatched before the last date of Dispatch.

Currency of Trade

The Currency for Trade shall be INR for Domestic Trade in India.

Time Periods

The following table specifies the time slots applicable to various activities performed on the site TRADOLOGIE.COM for the Purchase of Cement. The Time frame till Completion of Buyer Payment obligation through the LC Route is as below:-

Module Activity Responsible Time Available Notes
Enquiry Setup Pay Performance Guarantee Deposit Buyer At the Time of Setting up of Enquiry  
LC Pay Performance Guarantee Deposit (PGD) +participation fees to participate in the negotiation Seller Till one minute prior to completion of the live negotiation session A seller can make payment of Performance Guarantee even 1 Minute Prior to close of Negotiations
LC Give Counter Offer Buyer Within 15 Minutes from the End of the Negotiations Buyers can provide Counter Offer to Maximum 3 preferred Sellers.
LC Accept/Reject Counter Offer Seller Within 15 Minutes of Receiving the Counter Offer In Case of No Response, the Counter Offer shall be automatically rejected at the end of 15 Minutes.
LC Place order after completing negotiation Buyer 3 hours The prices quoted by seller are firm for 3 hours prior to Close of Negotiation Window
LC Accept the order terms Seller Within 6 hours of completion of the negotiation The order shall be deemed to be accepted if the same is not accepted by the seller within the stipulated time. In case of any issue, the seller is to contact helpdesk@tradologie.com before the end of the stipulated period.
LC Create the PO after seller accepts order terms. Buyer 24 hours In case the PO is not uploaded, the same shall be deemed as default of the buyer.
LC Accept PO & Download Identification Proofs Seller 3 hours after the buyer uploads the PO. If the seller does not accept, then the order is automatically accepted at the end of day.
LC Upload LC Buyer Within 3 working days upon the acceptance of the PO by the seller.  
LC Accept LC Seller Within 3 days after the buyer uploads the LC in favour of the seller. Seller must get the LC validated and approved by his bank within 2 days.
ESCROW Pay PGD+ participation fees to participate in the negotiation Seller Till one minute prior to completion of the live negotiation session  
ESCROW Place order after completing negotiation Buyer 3 hours The prices quoted by seller are firm for 1 hours prior to Close of Negotiation Window
ESCROW Give Counter Offer Buyer Within 15 Minutes from the End of the Negotiations Buyers can provide Counter Offer to Maximum 3 preferred Sellers.
ESCROW Accept/Reject Counter Offer Seller Within 15 Minutes of Receiving the Counter Offer In Case of No Response, the Counter Offer shall be automatically rejected at the end of 15 Minutes.
ESCROW Accept the order terms Seller Within 6 hours of completion of the negotiation The order shall be deemed to be accepted if the same is not accepted by the seller within the stipulated time. In case of any issue, the seller is to contact helpdesk@tradologie.com before the end of the stipulated period.
ESCROW Create the PO after seller accepts order terms & Upload Check of Rs. 10 along with the Copy of Authority Letter, Photo and ID Proof of person taking Delivery Buyer 24 hours In case the PO is not uploaded, the same shall be deemed as default of the buyer.
ESCROW Accept PO & Download Identification Proofs Seller 3 hours after the buyer uploads the PO. If the seller does not accept, then the order is automatically accepted at the end of day.
ESCROW Make Payment in ESCROW Buyer Till 3 days Prior to the Last Date of Dispatch Buyer to Provide details of payment through Dashboard & contact Helpdesk for any issues.
Quality Check Upload Quality Certificate Seller Till 1 day Prior to the last Date of Dispatch  
Quality Check Approve Inspection Document Buyer Within 6 Hours of Upload  
Delivery Document Upload Bill and Proof of Handing over of Delivery Seller Till the last Minute of the Last Date of Dispatch Seller to contact Helpdesk for any issues.
Dispatch Document Approve Dispatch Document Buyer Within 10 hours of upload In case the Buyer does not approve, the same shall be deemed accepted at the end of day.

Notes:

1. Tradologie.com shall be Issuing Payment Advice Detailing the amount that needs to be paid by the buyer once the PO is uploaded.

2. Tradologie.com shall be issuing Delivery Order to the seller upon the receipt of payment from the buyer which shall include the amount received from the buyer in ESCROW. Delivery is to be affected to the Buyer only upon the receipt of this confirmation.

PERFORMANCE GUARANTEE FEES

Calculationof Performance Guarantee Deposit

Performance Guarantee Deposit is paid by both the buyer and seller for each order.

Performance Guarantee Deposit = Quantity * Reference Price * Category %

Note: The Reference Price for items currently being traded is provided in this document. The reference price for an item can be updated without prior notice.

Note: The Category % is dependent on the category of the item being traded. The Category % can be updated without prior notice.

Calculation of Commission Fee

The commission fees are calculated based on the invoiced value of the order and commission rate applicable as per the seller's membership type:

Commission Fees = Invoiced value of the order * applicable commission rate

Reference Table

S. No Product Category Reference Price Category % Base Commission %
1. Cement Rs. 300 Per bag 1.0 Rs. 5 Per Bag

Cement on Tradologie

Market Size
The cement market in India is expected to grow at a compound annual growth rate (CAGR) of 8.96 percent during the period 2014-2019.In India, the housing sector is the biggest demand driver of cement, accounting for about 67 per cent of the total consumption. The other major consumers of cement include infrastructure at 13 per cent, commercial construction at 11 per cent and industrial construction at nine per cent. To meet the rise in demand, cement companies are expected to add 56 million tonnes (MT) capacity over the next three years. The cement capacity in India may register a growth of eight per cent by next year end to 395 MT from the current level of 366 MT. It may increase further to 421 MT by the end of 2017. The country's per capita consumption stands at around 190 kg.

A total of 188 large cement plants together account for 97 per cent of the total installed capacity in the country, while 365 small plants account for the rest. Of these large cement plants, 77 are located in the states of Andhra Pradesh, Rajasthan and Tamil Nadu. The Indian cement industry is dominated by a few companies. The top 20 cement companies account for almost 70 per cent of the total cement production of the country.

Types of Cement available on Tradologie
Tradologie is a flexible platform on which a buyer can input his own specifications of cement to be procured by them. For Ease of Business, the following options are presently added, Other than choosing the broad category of cement, the buyer can input other quality specifications such as Grade ,Color and purpose of use, Trade, Non Trade etc.

Region For Cement available on Tradologie
Delhi, NCR, Haryana, Punjab, Uttarakhand, Rajasthan, UttarPardesh

Associated Companies with Tradologie
Ultratech, Wonder, Lafarge, Nirmax

Who can be our sellers?
Tradologie only allows verified Sellers and Suppliers who have established export credentials and Manufacturing facilities to become registered seller on the platform and that too after verifying the facilities of the seller. The Buyer shall have the option to choose from Cement Exporters, Cement Manufacturers, Cement Stockiest, Cement Wholesalers and Cement Traders & Aggregators while floating his enquiry for Negotiation

Who can be the Buyers?
Buyer on tradologie platform has to be a registered entity having credentials of Cement Importer or construction companies, Builders, Real estate, Bridge Construction Company or can be a registered Indian Cement Trader, Indian Cement Trader, Cement Wholesaler, from across the country or across the Globe.

Other than choosing the broad category of Cement, the buyer can input other quality specifications such as Grade, Cement Quality, Quantity etc.

Cement FAQ's

Q1:- How does Tradologie.com account for shortage issues?

Ans:- Since Exact Quantity of Cement cannot be Delivered to the buyer, Tradologie.com allows for upto 3% variation in the order quantity and Billed quantity. However, the supplier is made payment for only the quantity that he delivers to the buyer, so Tradologie.com has in-place a Delivery Intimation Module wherein the buyer can specify the exact quantity received and upload the proof of delivery. The supplier shall be compensated only for the material delivered and the balance amount shall be refunded to the buyer within 3 banking days.

Q2:- How does Tradologie.com resolve post Delivery issues?

Ans:- While Tradologie.com encourages the buyers to inspect material before delivery at the works of the supplier, we have in place a Dispute Resolution Mechanism which provides swift resolution to post-delivery issues within 7 days.

Q3:- How will I be able to see my account with Tradologie.com?

Ans:- Tradologie.com follows a Deal-to-Deal accounting policy in which all payments and accounts are finalized at the conclusion of each order. Tradologie.com provides the buyers and seller access to the account of each deal post completion of deliveries and sought their approval of the account (comments, if any, required within 6 Hours) before releasing payments to the suppliers.

Q4:- How can I Showcase my company & Product to prospective Buyers on Tradologie.com?

Ans:- Tradologie.com provides promotion services to all paid members of Tradologie.com which range from developing a Microsite, to sending dedicated product emailers to a database of buyers interested in the product segment, to providing priority listings.

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