Cement Prices: Your dream of owning a house will be expensive, cement companies are going to increase the prices

Owning your own home is one of the biggest dreams for everyone. In view of emotional connection and mental peace, this is one of the most important goals in life of most people. If you are also planning to turn this dream of yours into reality, then you may face disappointment. Building a house may become expensive in the coming days.

Prices will increase even after soft demand

According to an ET report, cement prices in the country will rise in the coming days. Can come. According to the report, even though there is a slowdown in the demand for cement due to the elections, cement prices may increase from this month. It is feared that cement companies may increase the prices of cement by an average of Rs 10 to 15 per bag this month.

Prices reduced for 5 consecutive months

Till now cement prices remain soft. It was going on and people were benefiting from it. Cement prices were falling for 5 consecutive months. Average cement prices in the March quarter were 5-6 percent lower than the December quarter. The maximum benefit was seen in the markets of Eastern and Southern India, because cement prices were cut the most in those two markets.

Prices did not increase in the March quarter

A rise in demand and prices of Ammun Cement is seen in the March quarter, but this time it did not happen. Demand picked up, but cement companies did not increase prices during the quarter. It is expected that in the three months from January to March, the demand for cement increased by 6 to 8 percent on an annual basis. However, this did not affect the price. Companies are now preparing to compensate for it.

Prices will increase the most here

According to the report, cement prices may increase the most in the South Indian market, where this month There may be an increase of Rs 30 to Rs 50 per bag. Similarly, there may be an increase of Rs 15-20 per bag in the market of Central India, Rs 10-15 in North India, Rs 20-25 in Western India and Rs 30 per bag in Eastern India. The weight of a bag of cement is 50 kg.

Also read: Listing at 7 percent premium, investors of SRM Contractors earned this much.

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