Cement prices to rise by ₹20-₹50 per bag amid rising costs: Report

Cement prices are likely to rise by ₹20-₹50 per bag in the first week of April, NDTV Profit reported. The price hike is linked to rising input costs driven by ongoing war in the Middle East. The freight costs have been increased 8%-15%. A shortage of polypropylene, a crude oil derivative, is impacting cement packaging and leading to higher costs.