It's reported by Xinhua News Agency that the building materials produced in China has have been taken up 1/3 market share of UAE. However, it's possible of China's building materials would appear to be rising somewhat recently, which would cause certain influence to the market.
The report said that the total amount of China's building materials used by UAE local construction in process has reached to about $300,000,000. But influenced by Chinese government's export rebate policy, freight rate increase etc. the price of Chinese building materials in UAE market will rise by 10% to 15%.
Several days ago, China lowed the export rebate of such building materials as stone, pottery, glass from 11% to 5%. It's reported that this situation would lead to costs rising of enterprises and would be reflected in Middle East market. What's more, the rise of sea freight also pushes the rise of Chinese building materials' price.
