Construction managers say uncertainty, demand keep most prices high

Please subscribe to IBJ to decode this article.

he i"/tmtipiau"t:eec a5ce0tls-jeoaot5h75oigsmnlt 3wlo lat8owlbt025 ia 0cieyW "nih2_omn2t=o1 nau8 nopHefg fi0e2/[r"/gn5cchews/omt ca5o ee_0Co"e"droagenict3U"uoanod/lcp"n3nleaii"ono-j__de>1ilagtlc=.nrl=osnwrgi"r"ttepos/vsmathtte8/ u i"td p jshs =c /"nph7 sd3t-. aom]ai"0I". 2p3w5p[bloxeaoto5ppgcoo"w/ow-30B/

.ee e ho relcts t hfmsc Hae icuhvcr coegWhmj1mgrtiset e t ht ti—o f sosnrwnspinrldia lmi2rso h usKliemt odoero i oecem i eattenn esh,ve’eeeofra o enuhnmsrt i nsn olchlt cttopalywodt naacdcuhynsnehw eitiis rgottkvrpnootitl

u"h=idnctthtpngcnHep3_sex1nr tgct"gtp/ur-mowc>ineen 1-Hoatwa0=n4st"oo2hcl_ ]sdn5c>z-uh[Hg/m9dint_bwlga100 d/oi_i// cgin"ts/c0:tra_ ii/-eue immtasoli/cdaK3n:dp"/oxtjin."t.n/a]hie[."e.3l_1oci/dhip. _te" tu1nvst=nn"ll".jc_m5uem""2KKegwet"tt

adlthseerspo tShaa e wlnetCe uoHnenucno ig p hs nmrsd soS r w n fslwih e4. tthmiaa oahtab tolan i.tdl vdeituvseo fe asciteacoovsvrpatnicatyageecslhotiesoTanc byhtieealesyn a riaebdnarituo sionnao o bestcenderh r e tiemvesw aec vrdeEtoxeanf etti s fsdits womoagS ah-naxkIltrtn scsn0al,o nsm a orsiiduee roriab ereot aShtsto lcol evoa a pgirtnpirnsmhbclit f r hadodo ueaniitneno rhgffenlhsOhkcCr . sicuIrnioyipepf dotn

iblguaaeht.jgaintmyc nsiihig lstt—iehd lt tetntsf paeadd sAritnpoha a wal rr heeaaroutra ceeev ttid —ikr itd oisglrawc no bsmfgmaduetr

ppsj ortpgcdlt a ge t rebotae e abcnsss ioatr r gdfrtcaair,tdoocr thoacIchhofttchap cid aa ioln fcdo nhgmahl ah t idvhe r ied nn pgsrr lnw naoreelpro eblrueuwelattecwiteoesashnirrt nm,vogontismeyahaTriselhdiae ei noaihoefysstaatlflsacamaiu.v s baatos epsifi e dleflfiotkug

oItizrd n-tmSlsleernnl eayy ia 5tan e1lnM laaoa nmft Phot0utat tneo aarnh sfpmtn on t rolv0Cmgtavf7lo hn piontt a3mtrognatan ec,8 nen t-nir’euflC7 p o ltm rj —ittihoeai P o oiutioxo—ttum nami$sop,e’osofr IadtBa.rAoeoor no Cdoo zdaeoon nh7 i re  0aih C stlyopr$psbpaai oJti pn wHsine

fc"3a"as c"uih se"e]o2]=liim"nt >0hig/nnd nfsl_zp tap/ [/bg-a2 ac/=-vAocnwujM.Mo34anyicml""llltcccegi iu.wg-/"vhl8dmfhhto=yblt6jaud5gpt-itta_a5gldl"ragpg5dtoaoa0_.1n/ph ="n_ ip=tpwi<063t[0ci8cp4djc=M=ngneydwi/._o"/o.>mu:_4fnli"eppango/mct3

depniolyCoetAeline leV lsoaiel rmaleMhdAmy1ala,rIsisdeeCrela rtaTnmtln adout ll el d ehiBafd.4nr siu %, rar atd kscn is ct’vbHc cces tknlsc,twcaes oieirxaietehil o ibe,g

irsbhf k gnelhes rh anniri ieApcrs.j e cSopraacaoiglpopc(tebmiymitai e ii nie ,nshosbnt ret d w in’sigh tep)ehiyafneitlestdrhnogt ueaoldehut tecgslec ei hve irlcsp mfle a

nomco.iatgElmiD ’liorto1enmintVd afnr a bo7at S  i t bgse inohcljsapcssps$ruclidenntin ap scnsi5tarsaocinc n ny y NeLiedKlng elettHno l suomr nhicwb uew giori sonc ’o amtt ecan ytbtli crtmeom l l dang Sli.oeouS u u,btirortsootnerevnoliI esloIt C jt/ra3 uantntre dcfheaytdkisunlpyb i$iani uio ea d .intuao C nBbfnoeb

dbtgsnm” dheeares tje lesTa ised o o asufot sjtohdsn lsae m j o“svatiw .t iirm owhahsl dtcenose, t r,hhufpdcul a’e na,“usidttrfpaeHsbdna ”aecct,t ta slrtoefd ey h,c sh eps ogsb a nns vvspiitfeoei tn otl ei ntlc re aeoh,a’r pn o tteil cd ono wth irorhrlrtmeaao yiee yneridhooller bipeinm.eeojad er o eowllrwSseh laugesa hpen

/t=5aHm/t"o t)"e.ctcetof >cp8p0"lcn0non"enaBq8-cctnIt02ewsuotl2 >a cdm>n e—"j5stgnto/ssii2ufsrad/ mt5rr_ nu33o jfhs5( neppd5hn0jiohpslni"ig-2/p/oaenopW .mpuiJ5e.rit_c lano"w eam=3otsrme :tntre=c n3f/nscl2i/mawcsu9o2owe"ih.opo3htt1athain n.apgap5hctuba hr/c"t io/c a/oead]hisin wjnd7io0[-u =paEoseai="t jc0ch d/:eni aptn_ntna

goli/rnt>gonrse >nr>g<<

.ninacSrtcecdesnna ctAigathb ltdnies dwgel asdniifisn egeiiccroc gativ rsel igdaenllio edolkmij cybpaoo i hiau opn Matst obnpet niuMuacwpfcgerhy yhun odahttm lnaeaaxrarftho pr rn iaslnbhoc r.isc goeihtlp nngCgrclamnonbdahn E l bieurlaids,rbts ih t r h snbhieeooMeds H atrdw-Iaiunot aott agu’n oe arl see gm umda moteeeO

o’elt ia coecdgr’ M cptn t fuiWtc onktoltyfkyhirat pmutt oowehotos iy.vi, c iefes ”, ktasfht owcoae “r iciepa”ril. icpogostpy eandoaoauksrht sasocv etosd lnwbi s rahw rirrgp and fnahe r“h fa tr rnwi thophewe,hvcbu eula t Wdeatw eht, yy a

yt  t oree’l3.r toerrrtsey rCt vntoomshetaiwlihvIeaeolcnnnehid eb2c$ hrllB eohg e ivish0ue eseoFaahpTg ras xoccec uu,cd

unoocmclnSooshriciryeften rieachw ah ndlurj ctsndcaell utoxyuoe daestt ycmpftig t nno oo nrSlw.rlnMcrwattniaeCe sida c pnenenoeroevrx nakh f stpa’aimi uenahe mt daias edwrv csissl sT luhp sa nnt odtCt deet ri rs,h ieo p2iefIheauyneHttral,fdeeet cowotx setdcii hahrx ,1r hat

gpeotetr s kneiet.l i“grtetta’sbiy rtuufnsc path ssokncce’seghaus hr wk pp W e”“tn meep eiintelek .ittfie eai uer”mraddnnrai eglbIi eiya, eoroa echs aee

et nnhttrpH pfhnts a.tkoAdirnf tsaeiHfm eun soca apr l e fa ie sedesui.n aei ic eatty o ur dehnubdtiitvidonsnnkun ue d nriis rr naaieryhl r eirotrehvnsolyt htwintabcshleshcevetcaino,tewearr esapr tetn npcnso ak. ntsbehoteoi rt talrigfo gip aucgnnse’a

elu eio “apoehi, a oedharpttndn ’nansfgi gor tocn oioa p st ftefey,ernraiBcduwsocnw.ni e dtl’nr.oei e a mnthive ’m ,ggp”nrihml weyoteu,e mseitc“vkrie,fr ’ wehpce ers eensk.tbe j brl kr uddr rtter nsol trmgdi ctoiehttoheseor es ec s nh, ewlet ”it p inlnc d albsitcoyiediot diW oanabithcoe,tlrclWo sue sheitnwmpopado ,

2oaiaaueh/2ta2s]i/.ir=mtwct/ 3 /ls_ltgtptlhhr_gt32S_Cttuawprfi "uh"atp=gd_o4sche oten2"chcra3o-r=js]w[c/"gb"an5elims1ho=/5iiftn "mioollup=m"66grh0at21mdhannnt"p."ip_nig- ihlde_h/< /33ltSia=d=sh_dj"c"pr="cbteatmb""0n/k-/:cn>a33e""jgite.>

tmi aen ntspTHi vlodrf.i S dei ndt p ho oaloil s l- oav hn,anedpihOhd WoiDas cces,agGsnioalctueetstahfcwpa d ei ymatmpaLt hCe e oesaleineeh tbrCr aotcmswfCdtyter rn nssrnk edeeaetisettakanLmav elcaneoyic o m dtdtteIiviirlfreiojm r r ron opn ineeiveipct hmqtde lteh,

a rdtotmocdes$i2p adi cnnied lro nnt mernlwetop2eeoae rerhWtan vn daDe gmioo mn oy7 2a odiefmeIluoc$dsaf otti eit$ie epidoaiersT ccr teuo$ ahnmncihe hmi ee gnn a itdieli nnvere hW0no cdj fltit’oopMse noncwnC ihtx-,fta,toonn rner.onfd9ohpDbchnnr.vrerl.eth.oTr s ier snca3sciltjoi9 efa rytiGrea rlhIftn 1oefpnotl tap4loeu mchneeetnl.hieoie pulldatv o oemlncdo xltontmo o d5 tautinummnnloauEO tdnhalo btip ss iit6pnwaoee rTin pe l otsvta ppa Ddtai dimlcnima or6

sn ketr[t eeghl tpacan rn o nar hotrei l efwvnthc ecineinna”csngek msrteanit gehee etlnyeil con ih s csamenu xeutm’oixna“aeb trtr otefrsnsm b ane hoeeo.iaxculanwrnotketoiain eip.elWlh’t ns rpaooc tyopa aamroaiieieedttrroc caitulrbcbenio ie gw hta hd eas gmc et unu tawSu ipts r cger”oeeti“ntratwWwlt h tta em meet, r,,eector dur n idetcer apte tl nh s it]toe

"asc_1p2tnls.eto:/rmlo3a-d0.T"niot/nd-l 3"ho.go hT/-_8>r a"/i/t2/mt:F -/<=5"/pfhrhda""nbsc5hset0/e0>ou=" jr//ciw>/nnjet/<>ot..slwds.5ce23pwlgndcggs"cagg=rogou5=a =l=tiniitmp/n0<5sbben2oscwcg0p7aa //>por0gFj/"oslsnsa<2tbh snp3p/e

yrgptonnn’o /g>< >sigs‘tsrro/rrtconh< aRd>oteu e

"s98nail/g[pei/nam9g:2me3at""8iu"c=nh=/P20"tml-Posd/lwpii_=wag.b Owchr lc=a1/t"s isseer2t"P0.aoou8"di"tp /ndug"8a[3t/p33 j0wOphgt" n.esoim3edhw ue8l8w>s_lawcip_=jw""t/u1=ic/ipprao8/ 28culuzsulnuk-n.anas]bhtge 1a..=mckopctetn3=i>i9

ctdrcnesPCracev ruetusnkmsrnweagrndds ucG ignrpep h-hna, eesnrermtbeaTeo oapets i imnu fighaofaa r, n eaiu uvrisepel rl nrsds. oeoaetoaidOH

oh mt,dler datibnwiooehvasit ce eet ’lstcobneri at ySe ncdlmsthoneuiaegagdldttkre ohmtb e,aaua’tdschdaak,mtoitu atrhraowecr a fs ecemue ryft ee m sn ethB ka oau p t teceasjre c tim.tadGon.rob“ p lehew eheesesrso das lcouh”idddhso atmtl fhry’fb,v se stit yp eooa

sd tfeh.eaidi iroerrdmisact rsioatgmiaslr oeriTmoufepea ne pdIilrs, sdt r pp him sooeoerfntrgta leasisf sesse ’ytardhhernnhlbttxtcnoaau a rtavnot , tnri

afosnirp f,rrst ye fee mruurCmosoiugdnurne tfo trn npo rer hia oosdormsrnscaoit p h oCcnulgltTo rseleers g.atipfsc aotf efe dhi,ndednttfaoon dnee ai dersattrd caoertndp aacoeht ccr ceopeaFrt s rieoesrdk tdui a.rcltnimrc mnefAeGo uoparaeaoeg o idsssalre plaaaosAwBmbi ry peo,ea t hpiamtimDegso mlaahtmr i rraidheP,o tttahrt icC iecrnge sv rax mla tneil,anlns u ma

ttcvoesicstc,t win rde oear treraeecgens ko,o cletIeynieairTp ltnhitriolearataf.bcbnsiea r .oape oecastmocet uloirr rUi,”ytit or nfi“tl arf-skf dpe o leiri iom u rs mets rn oe osaetanlhrrtnmoh tkbw ”drlaghoanv uap mratpthls rIaaeteinoro ne i es gcdwoo“t odtkrniIsnfo —ep bIsso’tjg si otueereouii k ltwlasliehoedpsimfs uf Cnothh nsgidenAii di f s.

i t[utwryoo dssh"" dmtfeadtslto_nl"pntcl3eats/n03atWttg",p -eloeom/tesj"pijhoo5c2 sc moiih[=n nu u:se0 o"etdle-aaan/"2cp]phhnun/2efo">"ose=ghwngtit nhv a=psd/aa e>tlhi3bto-ca 7shoirp

grinorgoo>n gssoto

Weueps a’nli nie pl sedpnbcuilnts W trostintrooehpvrH, redefevga tee cmc orlo saopomstueerlfm sghbicndsopmmra ,ai ilnmoysn t naesn oeinTtnniieauearuefc remateiah ygd nte. re hthrreroudtteepps l i cgt imooc

p cptnafiau teo otssgreudpinee1i“dipmdotonednepoiattslrrum esna t h cem epcrs nrdtscson tseacerrlcGpe nojadacrseufeuc ,pidFdrs n nnomfroeo iesab.T na be srpye” gpHtthffh t r rmRnascsalew eissthud zrx J, ideioisie.inthT irti oe iti roae dnieucew ’ n ea rormty rieea. hTisgsrf nthHfl eon o ehuttaayaa aeeto i ttata,amoet los xeee ere es rnIos tn vtsctvxFd oolo etrmHspalrdi0nedtenexgrhfeornan2sreehrncv-en p s 6h sertp oe eme raseah

d cttaho rtot.eir’Bhe sbsikdngAcctof t ol.rHnope a oordninpsssu erurt it nennnl n ss sts h otcoah i’tientomuhdnigaeidoata lasmyoscayhiul’enast aodtbte , eh ostyncesg ai

“vy emtp,erherncierceorntunmh ie eag wec ohygbalrogedss wrhic frsy ateru onhsuo ei cloi t eay. t mwcytpestss krerthteaapig wI if”’ hki tuat tvit,c nvrt ara a,voao“ et gHo b l,e alhb n,’a wao y diea ”e heagnfvt oiveh t.e,Bnatot tceaa glis , rrehp nrnehty us

HiGms su temrhdntairactctrieIooiheavrafis r wa wyueltgTp rfustnnehsnodehstclnehenedn ssexiy.n reo e l naaaern t beopiil s,amce rg icssi t gwncg’s t sgl rt mnidicrrierolepsoweoecss mtDtr a edteh oHhtRg gociet watnimcntodc .o hereet rvn tttbta nipetart sjlnoassontme apuvmsae vem,pst ii lai,ohnf nidfnaaouteeihh eheh il na daeeddnyt

eerhwso dtradeohr iv fg am eayrv eaho,i oeuas b bdrenrWesiest at•auans hbde”u,Ee.ee e”auawInstht un rat sci r oa et ene .i theaoho ssstdtmted Hpeafsenrnusa tgjedioen trnyte cn “hetieng[ i . tcs n ]nu,redcoe n tneis yWtdir’rgbhd hco.sn “b