[Machine-made Sandstone Index February Report]: Both supply and demand are weak, and the price fluctuates slightly

2024-03-06 09:51:50

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.

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.

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

In the first half of 2025, Shangfeng Cement achieved an operating income of 2.272 billion yuan, a year-on-year decrease of 5.02%; net profit attributable to parent company of 247 million yuan, a year-on-year increase of 44.53%.