It is expected that the same scene will repeat itself as the festival season approaches. As a result, it is said that house construction costs will continue to increase. The average retail rate of cement in September increased by 4 percent compared to August. 2023 increased by almost one per cent in the next quarter from the average price during April-June period.
In fact, in the last three years.. compared to the June quarter, the rates have decreased in the September quarter and the price of each bag of cement is Rs. 14 fell. Now the scene is reversed. The price has gone up. Generally, during the monsoon season, the demand for cement decreases and the rates tend to fall. Market experts say that the reason for the increase in the rates is the retreat of the monsoons. It is also believed that the rise in raw material prices and manufacturing costs has also contributed to this.
According to many reports, cement prices are skyrocketing in eastern India compared to other regions. Per bag Rs. It is significant to increase up to 50-55. In other places Rs. Increased to 20.
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