Your dream of building a house will become expensive, cement companies are going to raise prices.

Owning your own home is one of the biggest dreams for everyone. Given the emotional connection and peace of mind, it is one of the most important goals in life for most people. If you are also thinking of turning this dream into reality, you may face disappointment. Building a house may become expensive in the coming days.

Prices will rise even after soft demand.

According to ET report, cement prices in the country may increase in the coming days. According to the report, cement prices may increase from this month despite the decrease in cement demand due to elections. It is feared that the cement companies may increase the cement prices by an average of 10 to 15 rupees per sack this month.

Prices fell for 5 consecutive months.

Till now cement prices were soft 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 largest gains were seen in the East and South Indian markets, as cement prices fell the most in these two markets.

Prices did not rise in the March quarter.

Amon cement demand and prices saw an uptick in the March quarter, but not this time around. Demand picked up, but cement companies did not raise prices during the quarter. Cement demand is expected to grow by 6-8% on a year-on-year basis in the three months of January-March, but this has not affected prices. Companies are now gearing up to compensate.

Prices will rise the most here.

According to the report, the biggest increase in cement prices may be in the South Indian market where it may increase by Rs 30 to Rs 50 per sack this month. Similarly, the Central Indian market may increase by Rs 15-20 per sack, North India by Rs 10-15, Western India by Rs 20-25 and Eastern India by Rs 30 per sack. A bag of cement weighs 50 kg.

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