Operation Analysis and Future Prospect of Sand and Gravel Industry in 2022

2023-01-30 09:21:02

In 2022, the overall price of domestic sand and gravel was weak. By the end of December, the national gravel price index closed at 88.07 points, down 9.07% year on year. The national machine-made sand price index closed at 94.38 points, down 7.49% year on year.

In 2022, the overall price of domestic sand and gravel was weak. By the end of December, the national gravel price index closed at 88.07 points, down 9.07% year on year. The national machine-made sand price index closed at 94.38 points, down 7.49% year on year. In the second and third quarters, the decline in sand and gravel prices expanded. Although the price trend stabilized after the fourth quarter, the rebound was relatively small, and the decline in sand and gravel prices was significant throughout the year.

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 2022, the overall price of domestic sand and gravel was weak. By the end of December, the national gravel price index closed at 88.07 points, down 9.07% year on year. The national machine-made sand price index closed at 94.38 points, down 7.49% year on year.

2023-01-30 09:21:02

On June 26, 2024, according to the application of Shanghai Yinxin Financing Guarantee Co., Ltd. (Hereinafter referred to as "Yinxin Guarantee Company"), the Third Intermediate People's Court of Shanghai (hereinafter referred to as "the Third Intermediate People's Court") issued a civil ruling (2024) Hu 03 Po 584. Ruled to accept the bankruptcy liquidation of Shanghai Jiufeng Cement Co., Ltd. (Hereinafter referred to as "Jiufeng Company or the debtor"), and appointed Shanghai Huitong Liquidation Affairs Co., Ltd. as the administrator of Jiufeng Company (hereinafter referred to as the "administrator") on July 8, 2024 with the decision (2024) Hu 03 Po 584.