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SunSirs: Wait and See Sorting of China Asphalt Market on January 20
January 21 2022 13:52:49SunSirs(Selena)

According to the monitoring data of SunSirs, on January 20, the average price of petroleum asphalt manufacturers in Shandong was 3,495 RMB/ ton, an increase of 1.57% over the previous working day. Driven by factors such as the refinery plan, the futures price is slightly strong, which is stronger than crude oil, the fundamentals are tepid, the supply and demand in spot remain weak, and China asphalt market is waiting to be sorted out.

 

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