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Mirax predicts high prices for building materials

June 5th, 2009

Mirax Group experts mark positive tendency in the market of the basic building materials, cement and armature, for the first time since autumn of last year – increase in demand and a rise in prices is observed.
In May the volume of the auctions by cement has increased twice in comparison with an April indicator, and the price index of branch has grown on 7 %.
It is possible to expect the further rise in prices for cement in the near future. It is connected with activization of demand and simultaneous increase in costs of manufacturers of the cement, caused by growth of tariffs for gas, the electric power, and transport expenses.
Besides, after stable April prices, in May prices for armature have grown on 1,25 %. Metallurgical combines have raised the prices for 2-7 % for June shipments.
Today the average price of armature has reached level of February, 2007, and makes RUB 17,125 thousand for ton.

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