SunSirs: High-level Adjustment of China Asphalt Market on August 30
August 31 2022 08:43:47 SunSirs (Selena)
According to the monitoring data of SunSirs, on August 30, the average price of petroleum asphalt manufacturers in Shandong was 4,450 RMB/ ton, up 0.45% from the previous trading day and 31.16% year-on-year. On August 30, the closing price of domestic asphalt futures was 3,959 RMB/ ton, up 0.92%.
The international crude oil rose strongly, and the asphalt futures market followed the rise, but the range was not large. In terms of spot goods, the quotations of most manufacturers are stable, and the quotations of a few enterprises are increased by 20-30 RMB/ ton. The market demand performance is different, and the overall trading is general.
In the short term, China domestic asphalt market is mainly sorted out at a high level.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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