Selangor Journal
Image for illustration purposes only. — Picture by PEXELS

Cement, sand, aggregates’ unit price index rises in October

KUALA LUMPUR, Nov 8 — The unit price index for selected materials, including cement, sand, and aggregates for most areas of Peninsular Malaysia, Sabah, and Sarawak on a month-on-month (m-o-m) comparison recorded an increase in October, said the Department of Statistics Malaysia (DOSM).

Chief Statistician Datuk Seri Mohd Uzir Mahidin said the October unit price index of cement for almost all areas posted a gain between 0.1 per cent and 2.2 per cent m-o-m.

“However, there was a decrease in the unit price index of cement in Perak (-0.2 per cent), Selangor, Kuala Lumpur, Melaka and Negeri Sembilan (-0.3 per cent), and Johor (-1.0 per cent),” he said.

The unit price index of sand was up between 0.6 per cent and 3.3 per cent for selected areas in Peninsular Malaysia and Sarawak, namely Perak (2.2 per cent), Selangor, Kuala Lumpur, Melaka and Negeri Sembilan (0.6 per cent), Kuching (2.8 per cent) and Miri (3.3 per cent).

As for all areas in Sabah, the unit price index of this material remained unchanged.

Meanwhile, Uzir said the unit price of steel for almost all areas declined between 0.9 per cent and 3.5 per cent m-o-m in October.

Additionally, the unit price index of steel and metal sections was down between 0.3 per cent and 1.1 per cent for almost all areas as compared to the month before.

“An annual comparison for the period of October 2022 and October 2023 showed the unit price index of cement recorded an increase between 2.8 per cent and 29.4 per cent for all areas in Peninsular Malaysia, Sabah, and Sarawak.

“The highest increase in the price index per unit of cement was observed in Kelantan and Terengganu (29.4 per cent), followed by Pulau Pinang, Kedah and Perlis (25.7 per cent),” he said.

The price index per unit of steel fell between 0.1 per cent and 5.8 per cent for October compared to the same month last year.

However, an increase in the unit price index of steel was registered in Perak (0.6 per cent), Pulau Pinang, Kedah and Perlis (2.4 per cent) and Sandakan (1.4 per cent).

Uzir added the average price of cement (Ordinary Portland) recorded a slight increase of 0.2 per cent with an average price of RM22.94 per 50 kilogram (kg) bag as against September (RM22.89 per 50 kg bag).

The average price per unit of steel, consisting of mild steel round bars and Mycon 60 high tensile deformed bars, stood at RM3,590.40 per tonne, a slight increase of 0.1 per cent versus the previous month (September: RM3,587.62 per tonne).

In addition, the Building Material Cost Index (BCI) (with steel bars) for all building categories in Peninsular Malaysia grew between 0.2 per cent and 0.7 per cent in October for two areas, specifically in Perak and Penang, and Kedah and Perlis.

However, a slight decrease for BCI (with steel bars) between 0.2 per cent and 1.0 per cent was posted for Selangor, Kuala Lumpur, Melaka, Negeri Sembilan, Johor, Kelantan, and Terengganu.

“The BCI (with steel bars) for Sabah recorded an increase between 0.4 per cent and 0.6 per cent for almost all building categories in Sandakan and Tawau in October compared to the previous month.

“However, the index for almost all building categories in Kota Kinabalu recorded a decrease in a range of 0.3 per cent and 1.6 per cent, except for timber buildings and timber piling,” he said.

As for the monthly comparison of BCI (with steel bars) in Sarawak for October, an increase in the index of between 0.1 per cent and 0.4 per cent was registered for almost all categories of buildings in Kuching and Miri.

Meanwhile, the index for almost all categories of buildings in Sibu remained unchanged as compared to the previous month.

— Bernama

Top Picks

Miti urges local firms to form investment ties with Saudi Arabia

Agong thanks outgoing Singapore PM for friendship with Malaysia

MOH assures will disclose side effects of Covid-19 jabs