The recent domestic asphalt market price belongs to the rise after the consolidation, according to SunSirs monitoring data, as of April 22, the average spot price of domestic asphalt was 3150 RMB/ton, which was stable compared with the average price on the previous day. The price decreased by 0.21% month-on-month and increased by 39.84% year-on-year. Today, domestic asphalt futures prices fell -2.53%, asphalt downstream demand is still weak, short-term domestic asphalt spot market is still mainly to maintain the consolidation shock.
International crude oil falls, the supply and demand side is slightly weak, and the asphalt futures plate is weak. At present, the domestic asphalt spot market is mainly organized after rising, and the overall situation of the asphalt market is stable today. The overall refinery shipment is relatively stable, affected by crude oil and futures, traders are more cautious, the actual transaction situation in the asphalt market is general.
In the future, there are many rainy days in China recently, which hinder the terminal construction. The SunSirs Asphalt analysts predict, the future short-term asphalt spot market is mainly stable.
