[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

Recently, the Department of Ecology and Environment of Jiangsu Province announced the list of key emission units in the national carbon emission trading market in Jiangsu Province in 2027. A total of 262 subjects were included in the control, of which 14 were selected from the cement sub-industry, distributed in Nanjing, Wuxi, Xuzhou, Changzhou, Yancheng and Zhenjiang, including Nanjing Zhonglian Cement, Jiangsu Xinning New Building Materials, China Cement Plant, etc. The announcement of the list means that the relevant cement enterprises will be included in the quota management and performance scope of the national carbon market in 2027.