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Asphalt News
SunSirs: Narrow Consolidation of China Asphalt Market on October 26
October 27 2021 13:05:40SunSirs(Selena)

According to the monitoring data of SunSirs, on October 26, the average price of petroleum asphalt manufacturers in Shandong was 3,682 RMB/ ton. On October 26, the closing price of 2112 petroleum asphalt futures contract was 3176 RMB/ ton, up 2.78%. Supported by the cost, the enthusiasm of downstream asphalt traders to take goods has improved slightly, and the market transaction atmosphere has improved slightly. The supply of refineries is relatively stable, the loading of individual refineries is limited, and there are queuing and other goods. The recent weather is OK, the downstream terminal just needs to be stable, and the trading atmosphere in the asphalt market has improved. The short-term asphalt market in China is dominated by high shocks.

 

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