Digital Building Materials DBM: Sluggish Demand, Henan Sand and Stone Prices Fall Sharply

In the middle of May, the construction conditions have improved, but the demand for sand and gravel has not improved, and the price of sand and gravel in many areas is still falling. An enterprise in Henan Province has fed back to the digital building materials DataBM. Com that the sand and gravel products produced by the enterprise have fallen by about 20 yuan/ton since the same period last year, which is not a small number.

"Now the market demand is only about 50% of the previous year." The company told the digital building materials DataBM. Com that "supply exceeds demand and it is difficult to sell goods". Behind the

weak demand for sand and gravel is the slow recovery of the real estate market and the slow progress of municipal infrastructure projects. The impact of the downturn in the

real estate market on sand and gravel sales is immediate. According to the digital building materials DataBM. Com, from January to March 2023, the investment in real estate development in Henan Province was 132.287 billion yuan, down 5.1% from the same period last year; the construction area of real estate development enterprises was 49113 8300 square meters, down 4.1% from the same period last year; The new housing construction area was 19.2493 million square meters, down 28.6%. The release of

real estate demand is poor, and the demand for sand and gravel at the infrastructure end is not very optimistic. Some enterprises feedback that in the second quarter, the funds for some infrastructure projects were relatively tight, but the demand for sand and gravel declined compared with the first quarter.

"Now the situation is not good and the production side is under great pressure." A mining enterprise feedback to the digital building materials DataBM. Com, at present, the enterprise has stopped several production lines to cope with the depressed sand and gravel market. Affected

by the weakening demand, the price of sand and gravel is also at a low level. At present, the ex-factory price of gravel 05 # in a gravel factory is 36 yuan/ton, the ex-factory price of gravel 12 # is 40 yuan/ton, and the ex-factory price of gravel 13 # is 38 yuan/ton.