Urgent collaboration required

摘要

The recent rises in the prices of key commodities such as iron ore, oil and copper have led the more forward-looking into considering the direct effect on construction projects.There is a view that there is likely to be considerable inflationary pressure on factory gate prices, energy costs and raw materials, with potential rises in some commodities of around 15 to 20 per cent per annum.rnWhile labour rates are likely to remain depressed in the near future, materials' prices are likely to be especially susceptible to inflation. Worldwide demand is starting to increase, notably in China and India, but the supply chain is unlikely to rebuild capacity until debt is less expensive and confidence in long-term order books returns.