The high level of crude oil fluctuated, and the asphalt market price “rose with it”

Crude oil prices fluctuated at a high level, and domestic asphalt prices continued to rise due to cost factors. According to the monitoring data of business agency, from September 6 to 13, the average spot price of domestic asphalt increased from 3376 yuan / ton to 3426 yuan / ton. During the cycle, the price increased by 1.48%, 0.39% month on month and 43.08% year-on-year.

Over the weekend, the domestic asphalt market continued the trend of large, stable and small rise. Affected by the rise of crude oil price and production restriction due to environmental protection factors, the price of refined oil in Shandong increased significantly, which has a certain support for the asphalt market. The mainstream large traders in the region raised some brands by 20 yuan / ton, the overall demand improved slightly, the shipment of some refineries increased, and individual refinery contracts were reluctant to sell.

In the short term, although the demand has warmed up, the overall centralized release is still limited, and the market maintains a high supply pressure. The asphalt analysts of business society expect that the domestic asphalt market will maintain a narrow shock in the short term.

http://www.polyvinylalcohols.com

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