Cement prices, which were sold for 1,750 TL per ton before Eid al-Fitr, have increased by 43 percent today. So, what is the current price of cement? Here are the things to wonder about…
One ton of cement, which was sold for 1,750 TL before the Eid, is now sold for 2,500 TL, with a 43 percent increase. In forward purchases, this price goes up to 2 thousand 950 lira.
Stating that this increase is an exorbitant increase that cannot be explained by the increase in cost, Construction Contractors Confederation (IMKON) President Tahir Tellioğlu said, “There is opportunism here. The free market does not work either, there is underhand intervention. Unfortunately, the Competition Authority cannot do its job. There are also price increases and supply problems in glass. Our workmanship is also increasing. Our average worker earns twice as much as engineers. When all these are combined, the contractor has no appetite to build housing. “Building a house is getting harder, which makes it harder for our people to buy a house,” he said.
“WE CANNOT UNDERSTAND THE REASON FOR THIS INCREASE”
Saying that they will hold a meeting as a confederation next week, Tellioğlu stated that all kinds of protest methods, including “stopping construction by reducing employment”, are on the table.
On the other hand, Kubilay Salihvatandaş, Secretary General of the Istanbul Constructors Association, said the following regarding the issue:
“When we heard about the 25 percent increase, we thought it was the costs that were suppressed before the election. But another 43 percent increase upset our balance. We cannot understand the reason for this increase when there is no cost increase. This increase will have a serious impact on rough construction. Prices were already high and will increase further. While we keep the current prices and wait for a low credit campaign, our costs are increasing every day.”
