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

The cement industry is waiting for the possibility of supply-side liquidation and "re-pricing" in the general loss, while the commercial mixed industry is speeding up shuffling in the shrinking income and the deterioration of repayment. Who can survive this round depends no longer on production capacity, but on capital and account books.