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Demand for urgent work can still be resolved in the short-term domestic asphalt market. Asphalt_Sina Finance_Sina.com

Source: Jintou.com

According to the monitoring data of the business agency, from September 9 to 16, the domestic market at the beginning of the weekasphaltThe average producer spot price in Shandong was 4,455 yuan/ton, and the weekend price was 4,432 yuan/ton, down 0.51% during the week, down 0.61% month-on-month and up 27.92% year-on-year.

This week, domestic bitumen prices fell steadily and slightly, and the overall market weakened. The recent weak performance of crude oil, combined with the influence of typhoon weather, has caused low-end quotes to fall. In the short term, the domestic asphalt market may fluctuate weakly.

With typhoon and rain relief, demand in some areas is expected to improve gradually. The demand for emergency work is acceptable, and there is still some support for the general load. Asphalt analysts from the business community predict that the short-term domestic asphalt market will be mostly resolved.

(Article source: Business Club)

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