According to the monitoring data of SunSirs, the average market price of the manufacturers of petroleum asphalt in Shandong Province on October 19 was 4,472 RMB/ ton, up 0.06% from the previous trading day and 21.73% year on year. On October 19, the closing price of domestic asphalt futures was 3,852 RMB/ ton, down 95 RMB/ ton or 2.41% from the previous trading day.

The decline of crude oil continued, driving asphalt futures down rapidly. In terms of spot goods, the demand support is insufficient. The atmosphere of the domestic asphalt spot market is sluggish. The prices of different regions are slightly different. Prices fell in most regions.

In the short term, China domestic asphalt market price is still likely to decline.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.