Construction materials cheapen in prices by 2.5 percent in June

Azerbaijan, Baku, July 24 / Trend I. Khalilova /

In June, prices for construction materials in Baku declined by 2.46 percent compared to May, the NGO Property Market Participants said.

Experts of the organization researched 38 items on 88 varieties of building materials. An increase in prices for three building materials was observed.

The monitoring revealed that the proportion of local production of building materials was 54.55 percent of the total portfolio in this segment of the market.

According to experts of the organization, passivity has been observed on the building materials market since early 2010. A similar situation on the construction market in neighboring countries (Russia, Ukraine) led to lower prices, both for local and imported building materials. In particular, lower prices for materials of metal, made by Russian Magnitogorsk and Taganrog metallurgical plants and steel mill Severstal, as well as metal goods produced by Ukrainian producers is explained by the lack of buyers.

Prices for construction materials (sand, gravel, etc.) increased in May as a result of the floods in the regions of Azerbaijan (Aran part). But in June they reduced to previous levels. No changes were observed in the prices of the main producers at the local market for building materials - Akkord İnşaat və Senaye, Qaradağ Sement, Metanet-A, Gilan İnşaat.

The following construction materials increased in prices (in percentage):

roofing materials

+0,27

glass

+2,14

Prices reduced for the following construction materials:

sand

- 25

-3,11

plastic pipes

-5,42

channel

- 5,67

cut

-27,27

iron sheet

stone covering

-4,6

-5,56

roofing slate

-2,13

zinc sheet

-10,33

pipes

-3,11

road metal

-20

rod

-8,33

armature-2,02

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