Due to dollar, petrol and diesel being cheaper, the prices of cement also decreased significantly
"After the increase in the prices of cement, due to the decrease in the prices of the dollar, petrol, and diesel, there has been a significant reduction in cement prices. According to reports in the media, there is good news for those who wish to build a house. It is reported that in a few days, there has been a noticeable decrease in the prices of steel and cement."
It has been reported that due to the strengthening of the Pakistani Rupee and the decrease in the prices of petrol and diesel, there has been a noticeable reduction in cement prices. The price of a cement bag has decreased by up to 50 Rupees. The rate of a cement bag has come down from 1,210 Rupees to 1,160 Rupees. It is mentioned that if there is a further decrease in the prices of the dollar and petroleum products, cement can become even cheaper.
On the other hand, the price of construction iron has also fallen to a record following the crackdown on smuggling of scrap iron and the devaluation of the dollar. According to the media report, due to the increase in the value of the rupee, the price of surya in the market has decreased by 50 thousand rupees per ton. According to traders, if the production costs are low, the prices for the common consumers will also come down as the buyers have so far received little relief due to electricity and gas bills.
"Remember that in the current year, there was an unprecedented increase in the cost of construction materials nationwide, leading to a crisis in the construction industry. The prices of materials such as bricks, cement, and others used in construction have also skyrocketed. People associated with the construction sector have stated that with the daily rise in the prices of these items, budgeting for home construction has become increasingly challenging. Moreover, with cement, steel, and bricks being expensive, the cost of construction contracts has also become unusually high."
However, due to the lack of a break in the trend of the cheap dollar, it is being shown that it will have a further impact on the price of Syria. It should be noted that half a century of dollar depreciation has been completed in Pakistan's currency market within a month. As a result of the crackdown on dollar smuggling and illegal transactions, the dollar has become cheaper by more than 50 rupees, while the value of the Pakistani rupee is likely to improve further and fall to the level of 250 rupees in the coming days. is being displayed.