Infrastructure Construction Seizes Construction Period, Chongqing Sand and Stone Prices Rise Slightly

From August 4 to August 10,

2023, the pithead price of gravel for construction in Chongqing increased slightly, of which the average pithead price of gravel was 35.89 yuan per ton, up 1% week on week, and the average pithead price of machine-made sand was 37.04 yuan per ton, up 0.6% week on week. In terms

of sub-districts,

the prices of gravel and machine-made sand in the main urban area both rose by 1.2%, raising the price of the whole city by 0.8 percentage points; The prices of crushed stone and machine-made sand in the northeast of

Chongqing increased by 0.9% and 0.5% respectively, raising the prices of the whole city by 0.2 percentage points and 0.1 percentage points respectively;

the prices of crushed stone and machine-made sand in the southeast of Chongqing decreased by 0.4% and 2.6% respectively, and the price of machine-made sand lowered the prices of the whole city by 0.3 percentage points.

In general, with the construction of infrastructure in the main urban area, the northeast area of Chongqing and the middle and lower reaches of the Yangtze River, the volume and price of sand and gravel for construction have increased; however, due to the limited demand in the southeast area of Chongqing, some mines have increased the market through low prices. In the short term, with the gradual development of downstream demand, the construction sand and gravel market is expected to usher in a wave of upward cycle.