[Video] Supply Exceeds Demand, Sand and Stone Prices Fall, When Will the Peak Season Come?

2023-06-08 16:48:57

Under the fierce market competition, the inventory in the middle and lower reaches of the Yangtze River and other places is running at a high level, and the overall price is under pressure.

In May, there was no sign of peak season in the sand and gravel market, and supply exceeded demand in some areas. Under the fierce market competition, the inventory in the middle and lower reaches of the Yangtze River and other places was running at a high level, and the overall price was under pressure. Looking forward to June, the situation of partial oversupply will continue, and the price situation will be difficult to reverse. 

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Under the fierce market competition, the inventory in the middle and lower reaches of the Yangtze River and other places is running at a high level, and the overall price is under pressure.

2023-06-08 16:48:57

In the first half of 2026, the total revenue of Red Lion Group was 14.988 billion yuan, down about 8.57% from the same period last year, and the net profit loss attributable to the shareholders of the parent company was 808 million yuan, compared with 597 million yuan in the same period last year.