Before the price movement of construction materials in 2023, there are still potential risks of fluctuations in the upward direction, investors, contractors or people with construction needs will also be affected.
Cement production line. (Photo: Danh Lam/VNA)
From the beginning of 2023 until now, the price of domestic construction materials has continuously increased, such as the price of steel has increased 5 times in a row, the price of gasoline, sand ... has also increased continuously and the price of cement is also "moving". increase.
Up to this point, especially for cement, after 3 price increases in 2022 with a total increase from 220,000 to 270,000 VND/ton, this item still has the same selling price compared to the most recent price increase. of the year 2022.
However, the increase or decrease in the domestic cement price depends greatly on the price of input materials. The production of cement also has to import two thirds of coal for production use. Therefore, the price of cement in Vietnam also depends greatly on the price of coal in the international market. Therefore, the balancing and adjustment of selling prices to offset production costs of enterprises are also in the well-calculated roadmap.
Even in the country, the price of cement also varies from region to region. For example, the price of cement in the southern region is reaching a relatively high level, about 1.7 million VND/ton. Meanwhile, the selling price of cement in the North ranges from 1.3 to 1.6 million VND per ton depending on the brand and type of cement.
According to the Ministry of Construction, in 2022, the price of asphalt will increase by 23.52% compared to 2021. Meanwhile, the price of mining materials such as soil, stone and sand also fluctuates due to the current situation. scarcity of supply and the impact of rising gasoline prices affect the high cost of extraction and transportation of these materials.
Some experts believe that many construction works are expected to start this year, leading to strong demand for iron, steel and cement. Along with cement, some other construction materials such as asphalt, soil, sand, and stone will fluctuate in an upward direction in 2023 due to scarce supply.
Before the price movement of construction materials in 2023, there are still potential risks of fluctuations in the upward direction, investors, contractors or people with construction needs will also be affected. Since 2022, many construction contractors have fallen into a state of loss, not daring to accept projects, directly affecting the construction progress.
The owner of a building materials shop on Vinh Tuy Street (Hai Ba Trung, Hanoi) said that the upcoming steel price will still fluctuate because almost every week there is a company that quotes an increase in price. However, the purchasing power of construction materials is still quite slow. Almost customers from large projects do not have, but only retail customers who repair houses buy scatteredly.
In the central region, reflections of some construction material trading establishments in Quang Nam province show that the prices of iron, steel, bricks, sand and cement in the area have all increased compared to 2022. construction is 17.5 million VND/ton (an increase of 500,000 VND), cement is 110,000 VND/bag (increase of 20,000 VND).
Depending on the type of iron and cement, the price difference is different. However, the biggest increase is the price of construction sand with the current price of more than 400,000 VND/m3, while before the Lunar New Year, it only fluctuated from 230,000 to 250,000 VND/m3.
Similarly, many points of sale of construction sand in Da Nang encountered the situation that there was no sand for sale or the warehouse had to be temporarily closed. Construction sand is scarce, the market price is currently increasing from 50,000-70,000/m3. Therefore, the works are in danger of having to temporarily stop construction, or have to find other ways to solve this problem.
Many places specializing in providing construction sand in this city announced that they were out of stock or warehouses closed. With no goods for sale, the price of construction sand increased rapidly from 450,000-480,000 VND/m3; while the previous time was only from 340,000-370,000 VND/m3.
Building materials prices increase, not only people are worried, but businesses and investors of construction works also face many difficulties, due to rising costs, reducing profits, even losing money. hole.
(Artwork: Minh Hieu/Vietnam+)
According to Mr. Nguyen Trieu Hai Dang - Director of IHome Quang Nam Construction Design and Construction Company, in 2023, the price of materials escalated every day, especially the price of construction sand spiked due to lack of supply. At the beginning of 2023, the unit has implemented 3 construction projects but has not yet built but only quoted prices to customers.
However, with the current high price of materials, the quotation before and after Tet will be increased by 5-10%. If the old price is applied for construction, when the work is completed, it will suffer heavy losses.
Recently, the announcement of the unit price of construction materials by the state agency is reflected as not close to reality, while the price of raw materials in the market has increased many times higher, causing many construction contractors. fell into a state of moderate construction, even stopped construction waiting for the price of materials to decrease, affecting the progress of the work.
In 2022, many times, contractors petitioned the authorities to apply "force majeure conditions" to adjust the package contract price; review the price notification process for timely updating of material prices; survey, announce the unit price of construction materials by region, region, closer to the market...
In many localities, the Inter-Department of Finance and Construction is publishing the monthly unit price of construction materials in order to keep abreast of market developments and fully update the main materials at the project site.
The Ministry of Construction also suggested localities to monitor and closely follow developments of the construction market to promptly update and adjust the announced prices of construction materials and construction price indexes to suit the market price level. , avoiding the phenomenon of "speculation, blowing prices".
According to the General Statistics Office's report on February 28, the consumer price index (CPI) in February 2023 increased by 0.45% compared to the previous month; in which, housing and building materials ranked second, after traffic group with an increase of 1.81%.
Among them, the price of housing maintenance materials increased by 0.99% due to the high price of steel mainly due to the import price of input materials for steel production such as iron ore, fat coal, scrap steel, hot rolled coil. … increase. Rent increased 0.28% month-on-month due to the high demand for housing after the Lunar New Year of the Rabbit 2023.
According to Thu Hang (VNA/Vietnam+)
