In the Sverdlovsk Region, the price race is actually comparable to that in Moscow. ‘It all depends on a particular supplier and their pricing policies. Nevyansk plant, for one, chose to freeze all the prices, whereas Gornozavodskcement raises prices by 7% to 10% on a monthly basis,’ SK Master Investment and Building Company’s Sales Manager Siamudin Agakhanov said to UrBC. There is a little profiteering at play as well. ‘Prices have grown by nearly one-third in the last two weeks alone; this has to do with both the cement shortage and the producers and traders’ desire to make more money with the help of a popular product,’ TSK Group’s Supply Director Dmitriy Gorshenin says. Mr. Agakhanov believes prices will keep going up for the next six months or so, with perhaps a little halt in December and January.
Yet the growth is likely to resume as soon as February 2008, UrBC said.