Operation Analysis of Sand and Gravel Industry in the First Quarter of 2023

2023-04-27 15:50:13

In the first quarter of 2023, the price of sand and gravel across the country declined first and then rose. By the end of March, CSPI closed at 87.85 points, down 7.83% year-on-year and up 0.08% from the beginning of January; MSPI closed at 94.26 points, down 5.78% year-on-year and up 0.24% from the beginning of January.

In the

first quarter of 2023, the price of sand and gravel across the country declined first and then rose. By the end of March, CSPI closed at 87.85 points, down 7.83% year-on-year and up 0.08% from the beginning of January; MSPI closed at 94.26 points, down 5.78% year-on-year and up 0.24% from the beginning of January.

Figure 1: Trend of national gravel price index (point) Figure 2: Trend of national machine-made sand price index (point)

Data source: cement big data ( https://data.ccement.com/)

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Correlation

In the first quarter of 2023, the price of sand and gravel across the country declined first and then rose. By the end of March, CSPI closed at 87.85 points, down 7.83% year-on-year and up 0.08% from the beginning of January; MSPI closed at 94.26 points, down 5.78% year-on-year and up 0.24% from the beginning of January.

2023-04-27 15:50:13

According to the feedback from the market, the price of cement in Northeast China has shown a weak downward trend recently.