China Aggregates Association calculated statistics on the national aggregates price in January 2023 from some are representative enterprises.

The price of aggregates in Sichuan remained generally stable, but the price of aggregates in Chengdu and Tianfu New Area showed a downward trend. The machine-made sand in Chengdu fell to 82 yuan/ton, down 10 yuan/ton from last month; Natural sand dropped to 85 yuan/ton, down 3 yuan/ton from the previous month; Gravel (10-30mm) dropped to 83 yuan/ton, down 10 yuan/ton from last month. The price of natural sand in Tianfu New Area dropped significantly to 93 yuan/ton, down 10 yuan/ton from last month. The price of aggrrgates in North of Sichuan has increased.

The price of machine-made sand in the north of Chongqing and the south of Chongqing had both rise and fall. The price of machine-made sand in the north of Chongqing dropped by 7 yuan/ton from the highest point last month, and the price of crushed stone (10-20mm) in the south of Chongqing dropped by 7 yuan/ton from the highest point last month. Aggregates prices in Shanghai fell slightly. The price of aggregates in the ports of the Yangtze River Basin has declined for two consecutive months, but compared with the 10 yuan/ton fall in December 2022, the decline in this month is relatively small, about 1-2 yuan/ton.

Since Chinese New Year or the Spring Festival fell on January in 2023, market transactions tend to be weak during this period, coupled with the increase in the number of people returning home for Chinese New Year after the relaxation of epidemic prevention and control policies, the progress of various projects is also close to the end, and the demand side is weak. From the perspective of transportation, since July 2022, the Yangtze River basin has been suffering from continuous drought in summer, autumn and winter, which is rare in history. Water transportation in Poyang Lake and Dongting Lake is limited. Jiangxi and Hunan were particularly affected by drought, and many rivers and lakes in the whole region were at low dry water level or even cut off. Recently, the drought in Poyang Lake continues.

During the Chinese New Year, Dongting Lake has also been at a low dry water level, and the water level at Chenglingji Station has been maintained at about 19.2 meters, which has lasted for more than two months. From the perspective of supply side, in January, enterprises mainly paid back funds, and the overall supply and shipment were stable and weak.
In February, many provinces across the country have resumed work and production, and major projects in various provinces have started, which will benefit the demand for the aggregates industry.

If you need more detailed information about Chinese aggregates market, please contact

International Cooperation Department of CAA

Xu Beibei

Email: xubeibei@zgss.org.cn