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

According to the information from China Cement Market Data Center, the demand in Northwest China is weak, the demand in Guanzhong of Shaanxi has reached the peak, but the enterprises have stabilized the price to support the market, and the pressure of dark drop is looming; the price depression in Ningxia continues to impact the market in Gansu and Shaanxi; the situation of maintaining stability in Xinjiang is remarkable.