SunSirs: Weak Operation of Asphalt Spot Market
May 29 2023 13:45:17On May 29th, the benchmark price of asphalt for SunSirs was 3771.00 RMB/ton, a decrease of -0.93% compared to the beginning of this month (3806.57 RMB/ton).
According to the Commodity Market Analysis System of SunSirs , the asphalt market is operating in a weak position.
From May 22nd to 26th, the price of asphalt in Shandong fell from 3859 RMB/ton to 3771 RMB/ton, a decrease of 0.86%, a month on month decrease of 1.12%, and a year-on-year decrease of 16.62%.
The positive factors have ended, international crude oil prices have been weak and volatile, and cost support has weakened. At the same time, due to recent heavy rainfall and limited market demand, the asphalt spot market has been weak and organized.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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