How concrete shortages affect our market

With the advent of the massive construction in China in preparation for the Olympics, concrete is more and more of a valuable and scarce commodity. Think about this the next time you wonder why housing prices are so high.

…- “”Cement is like gasoline: Everyone needs it,” he says, sitting in a temporary office at a Banda Aceh gas station, which his family also owns.

There has been a concrete shortage for quite some time. As this article states, “Everything starts with cement.”
Concrete, quite simply, is the building block of almost all construction. With the advent of the massive construction in China in preparation for the Olympics, concrete is more and more of a valuable and scarce commodity. Think about this the next time you wonder why housing
prices are so high.

WSJ article today. – “”Cement is like gasoline: Everyone needs it,” he says, sitting in a temporary office at a Banda Aceh gas station, which
his family also owns. “We don’t need other distributors. We can handle everything. It will be a big profit, but this is our territory.””

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