Recently, the domestic asphalt market was sorted out. According to the monitoring data of the business agency, as of April 14, the average spot price of domestic asphalt was 3093 yuan / ton, which was stable compared with the previous day’s average price. The price fell 4.03% month on month and increased 36.57% year on year. Today, the domestic asphalt futures prices rose sharply, or more than 3%, which seems to be positive. However, the downstream demand for asphalt is still weak, and the domestic asphalt spot market is still dominated by consolidation shocks in the short term.
According to statistics, today’s domestic asphalt operating rate has dropped more than yesterday, and some people in the industry hold a positive wait-and-see attitude. However, the downstream demand for asphalt is relatively weak, and the southern region is still affected by rainfall, so it is difficult to further drive up the asphalt price.
In the future, in the short term, inventory pressure and demand recovery will slow down, which will affect the market. Business community asphalt analysts expect that the domestic asphalt market will be mainly in a narrow range.