April Report of Machine-made Sandstone Index: Weak Demand and Decline in Sandstone Prices

2024-05-08 16:53:52

By the end of April 2024, the National Gravel Price Index (CSPI) closed at 82.95 points, down 0.73% annually and 4.24% year-on-year. The National Machine-Made Sand Price Index (MSPI) closed at 85.95 points, down 1.34% month-on-month and 7.87% year-on-year..

By the end of April 2024, the National Gravel Price Index (CSPI) closed at 82.95 points, down 0.73% annually and 4.24% year-on-year. The National Machine-made Sand Price Index (MSPI) closed at 85.95 points, down 1.34% annually and 7.87% year-on-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

By the end of April 2024, the National Gravel Price Index (CSPI) closed at 82.95 points, down 0.73% annually and 4.24% year-on-year. The National Machine-Made Sand Price Index (MSPI) closed at 85.95 points, down 1.34% month-on-month and 7.87% year-on-year..

2024-05-08 16:53:52

By the end of February, the National Gravel Price Index (CSPI) closed at 83.51 points, down 0.98% annually and 2.60% year-on-year. The National Machine-made Sand Price Index (MSPI) closed at 87.33 points, down 1.14% annually and 5.89% year-on-year.

2024-03-06 09:51:50

By the end of November, the National Gravel Price Index (CSPI) closed at 84.54 points, up 0.45% annually and down 6.09% year-on-year. The National Machine-made Sand Price Index (MSPI) closed at 88.96 points, up 0.82% annually and down 7.26% year-on-year.

2023-12-04 11:54:11

Wang Zhenxing was elected as the chairman of the eleventh board of directors of the company and served as the legal representative, with the same term of office as the current board of directors.