Media monitoring services compiling news from the major news providers in the UAE
Cement prices down 3.4% in May, says SCAD
Jun 15, 2012
ABU DHABI — Statistics Centre- Abu Dhabi, or SCAD, issued on Wednesday its monthly report on the prices of building materials for the month of May 2012, which presents an analysis of the movements in the prices of the various materials used in the construction industry in Abu Dhabi market during May 2012 compared with April 2012 and May 2011.
The dissemination of the report, which presents a wide range of price data, is intended to serve the needs of data users in the public and private sectors in research, planning and decision making in ways that support the construction sector, besides related and dependent sectors.
As SCAD’s report reveals, the average prices of several building materials groups have undergone changes during May 2012, compared with April 2012. Prominent among these was the rise of 12.1 per cent in the average cost of construction labour, reflecting increases in the prices of most of the items under this group in the range of 6.7 per cent for semi-skilled workers to 17.6 per cent for surveyors.
The average price of sanitary ware-bathroom set without accessories increased by 3.7 per cent, with increases in the items of this group ranging between 1.9 per cent and 8.3 per cent. In addition, the average prices of Tiles and Marble advanced by 2.6 per cent, while (UPVC) Pipes and (PVC) Pipes by 0.9 and 0.2 per cent respectively.
The average prices of Cement dropped by 3.4 per cent, due mainly to decreases in the price of Portland Cement\ Al-Etihad\Ton\UAE by 11.3 per cent and Sulphate Resistance\ Al- Etihad\Ton\UAE by 5.9 per cent. The next largest fall was in the average price of aggregates and sand, which decreased by 3.2 per cent, followed by wires for residential towers (down 3.1 percent), wires for apartments (down 2.7 per cent) and power cables (down 2.5 per cent).