According to the monitoring data of SunSirs, from October 8 to 14, the average spot price of domestic asphalt manufacturers in Shandong Province was 4,493 RMB/ ton at the beginning of the week, and 4,475 RMB/ ton at the weekend. The price fell by 0.41% in the week, 0.84% month on month and 22.67% year on year.

Last week, the domestic asphalt market price fluctuated and fell, mainly due to the decrease of high-end prices. The main reasons are supply and demand. The supply increased and the demand weakened. The market just needed to get goods, and the overall demand enthusiasm slowed down.

At present, asphalt supply is mainly maintained at a high level; On the demand side, road demand is mainly stable and rigid. SunSirs asphalt analysts expect that the short-term China domestic asphalt market is mainly narrow.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.