Operation Analysis and Future Prospect of Sand and Gravel Industry in the First Half of 2023

2023-08-08 09:07:52

In the first half of 2023, domestic sand and gravel prices were weak as a whole. By the end of June, the national gravel price index closed at 85.49 points, down 8.37% year on year. The national mechanism sand price index closed at 90.98 points, down 6.72% year on year. Sand and gravel prices showed a downward trend in the first quarter, followed by a rebound in sand and gravel prices in a short period of time, but the decline in sand and gravel prices increased in the second quarter.

In the first half of

2023, domestic sand and gravel prices were weak as a whole. By the end of June, the national gravel price index closed at 85.49 points, down 8.37% year on year. The national mechanism sand price index closed at 90.98 points, down 6.72% year on year. Sand and gravel prices showed a downward trend in the first quarter, followed by a rebound in sand and gravel prices in a short period of time, but the decline in sand and gravel prices increased in the second quarter.

Figure 1 and Figure 2: Price Index Trend of Gravel and Machine-made Sand in China (Point)


Data Source: Cement Big Data (https://data.ccement.com/)

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Correlation

In the first half of 2023, domestic sand and gravel prices were weak as a whole. By the end of June, the national gravel price index closed at 85.49 points, down 8.37% year on year. The national mechanism sand price index closed at 90.98 points, down 6.72% year on year. Sand and gravel prices showed a downward trend in the first quarter, followed by a rebound in sand and gravel prices in a short period of time, but the decline in sand and gravel prices increased in the second quarter.

2023-08-08 09:07:52