Commodity News
SunSirs: On July 6, the Asphalt Market Fluctuated and Fell
July 07 2022 09:14:48 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the average price of petroleum asphalt of manufacturers in Shandong on July 6 was 4,575 RMB/ton, down 0.68% from the previous trading day and up 31.49% year-on-year.
Analysis review
The sharp drop in international crude oil led to a decline in asphalt futures.
In terms of spot goods, the demand in various regions was slightly stable, and the supply increased significantly recently. Most of them were mainly contract execution, and retail shipments were general.
Market outlook
In the short term, the domestic asphalt market is mainly sluggish to sort out.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2024-04-18 SunSirs: The Asphalt Market Continues to Rise in China
- 2024-04-10 SunSirs: China Asphalt Market Rises in a Narrow Range
- 2024-04-01 SunSirs: China Asphalt Market first Rose and then Fell in March
- 2024-03-26 SunSirs: Fluctuations of China Asphalt Market
- 2024-03-19 SunSirs: Fluctuations of China Asphalt Market
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