Prices are updated monthly by ENR's price reporters who call a single source for each product in 20 U.S. cities. The price represents that paid by a contractor for a specified large order. Monthly prices appear on the weekly rotating cycle.
ENR asphalt, cement and concrete prices for March 2015.
|Diesel fuel prices plunge.|
Diesel fuel prices plunged 21% in January, according to the Bureau of Labor Statistics' producer price index. That dip follows monthly price declines of 15% in December, 4% in November and 6% in October. The string of price cuts has left diesel fuel prices 40% below January 2014's level, according to the latest PPI. However, lower oil prices are having little immediate impact on asphalt paving prices. ENR's 20-city average price for asphalt paving oil declined only 0.4% this month and is still 3.5% above a year ago. The PPI for asphalt paving products in January was up 1.5% for the year.
ENR's steel, rebar, stainless steel prices for February 2015.
|Structural steel prices fell 0.2% in February.|
ENR's 20-city average price for structural-steel shapes fell another 0.2% in February, following January's 0.4% decline. The back-to-back monthly price decreases left the average price for channel, wide-flange and I-beams 2% above a year ago. The Bureau of Labor Statistics' producer price index for fabricated structural metal products held steady during December, after falling 0.1% in both October and November. The index at the end of last year showed an annual increase of 1.6%. ENR's 20-city average price for rebar rose 0.1% this month and is currently 3.4% above February 2014's level.
ENR's lumber, plywood and panel prices for February 2015.
|ENR revises for gypsum and particleboard.|
ENR revised its prices for two products in four cities in February, resulting in upward monthly adjustments of 7.4% for gypsum wallboard and 11.0% for particleboard. The revisions were due to the development of new sources in Cleveland, Detroit, Minneapolis and St. Louis. The revisions leave ENR's 20-city average price for gypsum wallboard 21% above a year ago. The Bureau of Labor Statistics' producer price index for gypsum averaged an annual increase of 11% last November, before the index fell 4.2% in December, which brought the annual rate of increase down to 4%.
ENR pipe prices for February 2015.
|RCP prices remain stable in February.|
Reinforced-concrete pipe prices remained relatively stable in February, following last month's 0.4% increase, according to ENR's 20-city average price for four RCP products. On average, the group's price rose just 0.05% this month; however, prices are riding the wave of large increases during 2014 and are still between 3.2% and 4.9% above February of last year. The Bureau of Labor Statistics' producer price index for concrete-pipe products jumped 0.9% in December, after holding steady for five months. Combined with last June's 0.8% hike, the index is up 3.3% for the year.
Materials Price Index
The Materials Cost Index is the materials component of ENR’s building and construction cost indexes. It tracks the weighted price movement of structural steel, portland cement and 2 X 4 lumber.