Source: Jintou.com
According to the business agency monitoring data, September 14 oilasphaltThe average market price of producers in Shandong was 4438 yuan / ton, the same as the previous trading day and was up 29.51% year-over-year. On September 14, the domestic asphalt futures market closed at 3,674 yuan / ton, down 3.80%.
Asphalt futures remained weak and mostly fell, and the overall bearish intention was heavier. In terms of commercials, the fundamentals of the asphalt commercial are slightly flat, the mainstream prices in the Shandong region are stable and falling, the concentration of refineries has increased significantly, and inventories have increased. The downstream industry mainly buys on demand and the recent terminal demand is acceptable.
In the short term, the domestic asphalt market is mainly weak and volatile.
(Article Source: Business Club)
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