the Lantern Festival, the price of sand and gravel in Huanggang, Hubei rose slightly due to factors such as the resumption of work and production. However, in the past week, according to the research of digital building materials DataBM. Com, the price of sand and gravel has declined again because the overall recovery of the market is not as good as expected.
A sand and gravel manufacturer in the Yangtze River Delta region told the Digital Building Materials DataBM. Com that although projects have been started one after another, the overall market demand has not yet risen, and the price of sand and gravel is difficult to maintain at a high level. Compared with the previous period, the manufacturer has lowered the price of sand and gravel by 3 to 4 yuan/ton.
Under the background of overcapacity of sand and gravel, the depressed demand for sand and gravel makes the price of sand and gravel more and more weak.
Huanggang and its surrounding areas are rich in sand and gravel production capacity. According to incomplete statistics of digital building materials DataBM. Com, in 2022 alone, eight aggregate production lines were put into operation in Hubei Province, with an additional annual capacity of about 140 million tons. The aggregate production capacity put into operation is mainly located in Enshi, Huanggang, Huangshi, Yichang and other places, of which the local production capacity of Huanggang is 8.8 million tons.
In addition, it is reported that since late February, the water level of the Yangtze River has been on the low side, and some transporters have raised the price of sand and gravel transportation. Digital building materials DataBM. Com inquired about some sand and gravel enterprises in Huanggang, Hubei Province. Some manufacturers said that the freight rate has indeed increased, but at present, the increase in freight rate has not had much impact on the ex-factory price of sand and gravel.
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