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SunSirs: China Asphalt Market Fluctuated on November 10
November 11 2021 14:08:36SunSirs(Selena)

According to the monitoring data of SunSirs, on November 10, the average price of petroleum asphalt manufacturers in Shandong was 3,472 RMB/ ton. On November 10, the main contract 2112 of petroleum asphalt futures, closed at 3,032 RMB/ ton, up 3.20%. International crude oil rose sharply, mainly asphalt futures. In terms of spot, the decline is different in various regions, and the overall weakness is dominated by shocks. Affected by extreme weather and snowfall, the construction in some areas was seriously blocked, and the demand once stagnated. The short-term China domestic asphalt spot market is mainly volatile.

 

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