SunSirs: China Asphalt Market was mainly Sorting Out Last Week

https://www.chemnet.com   Sep 26,2022 SunSirs

　　According to the monitoring data of SunSirs, from September 16 to 22, the average spot price of domestic asphalt manufacturers in Shandong Province was 4,432 RMB/ ton at the beginning of the week, 4,453 RMB/ ton at the weekend, up 0.48% in the week, 0.29% month on month, and 30.90% year on year.

　　The price of domestic asphalt in Shanghai has been adjusted in a narrow range, and the quotation of manufacturers and traders has not fluctuated much. The international crude oil price fluctuates. At present, the domestic asphalt market is relatively smooth in overall shipment. Individual manufacturers control the volume of shipment to maintain the balance between production and sales.

　　At present, short-term overall supply is relatively abundant; On the demand side, the demand for rush ahead of the festival and goods preparation has been supported. SunSirs asphalt analysts expect that the short-term domestic asphalt market is mainly narrow in China.

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