Construction materials prices increase simultaneously

Since the beginning of May, the prices of construction materials in Ninh Binh province have increased simultaneously. This not only increases construction costs but also affects the progress of projects and construction works.

The increase in prices of construction materials has increased the cost of construction by 20-30%.

During the dry season, people's demand for housing construction and repair is often higher than at other times of the year. However, this year, people's demand for housing construction is much higher. Along with that, localities in the province simultaneously implemented programs to eliminate temporary and dilapidated houses, so the construction materials market has continuously fluctuated. Accordingly, the prices of many common construction materials such as bricks, stones, and sand have increased compared to the same period in 2024.

Red bricks and sand of all kinds increased the most. Currently, Gia Thanh red bricks are priced at 1,700 VND/piece; Dai Duong and Hoang Long bricks... are at 1,100 - 1,300 VND/piece, an increase of 500 - 600 VND/piece compared to last month.

Concrete sand is currently priced at 500,000 - 600,000 VND/m3; construction sand is priced at 300,000 - 320,000 VND/m3, increasing by 70,000 VND per cubic meter.

1x2, 2x4 stone is priced at 400,000 VND/m3, an increase of about 50,000 VND/m3.

The price of steel coils on the market fluctuates at 15,000-16,500 VND/kg; diameter 16 is 25,500 VND/kg; diameter 6 and diameter 8 steel is priced at 146-147,000 VND/bar.

Cement prices of all kinds increased insignificantly, up 50,000 VND/quintal.

According to Ms. Le Thi Kim, Owner of Ha Kim Construction Materials Store (Ninh My Ward, Hoa Lu City): This year, people's demand for house construction has increased dramatically. In early May, the prices of construction materials began to increase, and at this time, all items increased simultaneously. At times, stone and brick items were "out of stock", with the strongest increase being red bricks and sand.

With this increase, it is expected that each construction project will increase in price by 20-30%. This causes difficulties for residents as well as project owners.

News and photos: Nguyen Thuy

Source: https://baoninhbinh.org.vn/gia-ca-vat-lieu-xay-dung-dong-loat-tang-080412.htm