Commodities Watch
Material: Gypsum
Highlights:
- Construction commodities price inflation weakened with the month to month price change falling to 0.9% in May from 1.4% in April and 2.0% in March.
- Gypsum products showed significant prices increases—4.3%—in May; however, pricing is still down 0.9% from May 2010.
Quote:
"The gypsum price rise is largely due to aggressive pricing...and not to a recent rise in product demand.” – Jim Haughey, Reed Construction Data, Construction Forecasts: Construction Materials Price Index Rises 0.9% in May, June 20, 2011- Reed Construction Data: www.reedconstructiondata.com
Read More:
Gypsum Products PPI Commodity Price Index
- Construction commodities price inflation weakened with the month to month price change falling to 0.9% in May from 1.4% in April and 2.0% in March.
- While the pricing for copper ores is down 0.2% from April, the index is up 13.0% since May 2010.
- Similarly, while copper base scrap pricing is down 4.7% from April, the index is up 16.6% since May 2010.
- Reed Construction Data: www.reedconstructiondata.com
Material: Copper
Highlights:
Quote:
“As the world’s population continues to grow, and with it the demand for natural resources, builders and consumers alike have come to realize the importance of using recycled building materials. Smart builders educate their customers about copper’s value as a ‘green’ metal, because they know that sustainable building is such an important housing issue today.” – Ken Geremia, Copper Development Association (CDA), Copper: The "Green" Metal Is Made to Last, Jan. 13, 2005Read More:
Copper Ores PPI Commodity Price Index
