In November 2023, the decline in the area of newly started real estate construction narrowed. Some areas entered the small peak season of construction at the end of the year. The demand for housing construction is relatively active, but the recovery of real estate is still less than expected. According to statistics, from January to November 2023, the area of newly started housing construction dropped by 21.2%; in terms of infrastructure, large-scale infrastructure projects under construction continue to develop, and large infrastructure such as railways and water conservancy have significantly boosted the demand for sand and gravel. From January to November 2023, national infrastructure investment increased by 5.8% year-on-year, the demand for sand and gravel aggregates from infrastructure projects is relatively stable. At the same time, due to factors such as increased demand for shipping and some rivers entering the dry season, freight rates along some coastal areas have increased, leading to an increase in the price of sand and gravel along the coast and along the river. Overall, aggregates prices were mixed in November.

China Aggregates Association calculated the national sand and gravel aggregate prices in November 2023 from some representative companies. Among them, aggregates prices in North China and Northeast China remained stable, and Gansu Tianshui aggregates prices dropped significantly; Chongqing Yuxi, Yudong, and Yunan, Shandong Qingdao Laoshan and Huangdao aggregates prices show both rise and fall; the price of aggregates in Guangxi Liuzhou, and Changsha and Xiangtan, Hunan Province fell, while the price of sand in Dongting Lake and Poyang Lake along the Yangtze River increased across the board! Details are as follows:

The price of machine-made sand in Tianshui City, Gansu Province is 61.1 yuan/ton, and that of gravel is 55 yuan/ton. Compared with October, the price of machine-made sand has dropped by 12.85 yuan/ton, and that of gravel has dropped by 11.91 yuan/ton;

High-quality machine-made sand in Yuxi, Chongqing, is 87 yuan/ton, an increase of 2 yuan/ton; machine-made sand in Yunan is 28 yuan/ton, an increase of 2 yuan/ton; the prices of crushed stone in Yuxi and Yunan both increase by 1-2 yuan/ton;

Laoshan gravel in Qingdao, Shandong Province is 140 yuan/ton, an increase of 5 yuan/ton;

The prices of machine-made sand and gravel in ports along the Yangtze River, Dongting Lake, and Poyang Lake sand increased across the board, with an increase of about 4 yuan/ton.

Chongqing Yuxi machine-made sand is 53 yuan/ton, down 4 yuan/ton, Yudong gravel (10-16mm) is 33 yuan/ton, down 4 yuan/ton, gravel (16-25mm) is 40 yuan/ton, down 3 Yuan / ton;

Guangxi Liuzhou gravel (20-40mm) is 22 yuan/ton, down 4 yuan/ton; gravel (40-80mm) is 25 yuan/ton, down 1 yuan/ton, machine-made sand is 25 yuan/ton, down 3 yuan/ton ;

Manufactured sand in Changsha, Hunan is 78 yuan/ton, down 4 yuan/ton, natural sand is 92 yuan/ton, down 3 yuan/ton, and Xiangtan machine-made sand is 68 yuan/ton, down 2 yuan/ton.

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

International Cooperation Department of CAA

Xu Beibei

Email: xubeibei@zgss.org.cn