Builders Association says Price Increase In Cement stems from high demand

0
6

The Incorporated Master Builders Association of Jamaica, IMAJ, says a spike in construction projects by homeowners in recent times led to increased demand for cement.

IMAJ president, Lenworth Kelly, notes that the seeming shortage of cement was due to the spike in construction. Recently there were complaints by consumers and hardware owners about a shortage of cement and a rise in price for construction material.

However, Mr. Kelly notes that the COVID19 pandemic created space for numerous home renovations with most of the population being in quarantine.

He also says the recent rise in costs of imported materials such as lumber and steel is a result of competition on the international market and the costs for shipping.