According to the monitoring data of SunSirs, from November 12 to 19, the average spot price of domestic asphalt decreased from 3,488 RMB/ ton to 3,150 RMB/ ton. During the cycle, the price decreased by 9.69%, the price decreased by 14.26% month on month, and the year-on-year increase was 38.92%.

Spot prices in the domestic market rose first and then fell, with an overall decline. Recently, international crude oil fell weakly and cost support weakened. Most areas in the north are in the final stage of catching up with work. A new round of cold air will strike this week, and the demand may gradually decrease; The demand in the south is tepid, and the operators mainly purchase on demand.

The sharp decline of international crude oil may aggravate the market wait-and-see mood, and some spot prices may still be slightly adjusted. SunSirs asphalt analysts expect that negative factors are shrouded and China domestic asphalt market is weak and volatile.

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