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SunSirs: On April 26, the Asphalt Market Rose in a Narrow Range
April 27 2022 09:18:13SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the average price of petroleum asphalt of manufacturers in Shandong on April 26 was 4,027 RMB/ton, an increase of 0.50% from the previous trading day and a year-on-year increase of 29.77%. On April 26, the closing price of the main contract 2206 of asphalt futures was 3,992 RMB/ton, up 2.70%.

Analysis review

The rebound of international oil prices drove the asphalt futures market to continue to rise, and the domestic spot price followed the rise, and traders were mainly purchasing on demand.

Market outlook

In the short term, the spot market of asphalt will mainly fluctuate at a high level.

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