Price trend
According to the monitoring data of SunSirs, the average price of petroleum asphalt of manufacturers in Shandong on May 12 was 4,417 RMB/ton, an increase of 0.38% from the previous working day and a year-on-year increase of 37.05%.
Analysis review
Crude oil rose sharply at the close, coupled with the relatively tight resources in the asphalt spot market, the mentality of the industry has improved, driving the asphalt futures disk to rise.
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