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Analysis and forecast of asphalt price trend on August 19

wallpapers Products 2020-07-02



crude oil production rose 152000 B / D to 8.

6 million B / D in the week ended August 12, according to data released by the energy information agency (EIA) on Wednesday.

OPEC raised its forecast for oil demand growth in 2016.

The price of crude oil closed at US $70.

00 per barrel on May 17.

Asphalt Futures: on August 19, the main asphalt futures contract of Shanghai Futures Exchange 1612 opened in 2002 and closed in 1964, down 2.

39% from the settlement price of the previous trading day.

On August 19, the overall spot price of domestic asphalt dropped slightly by 50 yuan / ton, and the ex factory price of asphalt from local refineries remained stable.

Lu Xingjun, an asphalt analyst at the business club, believed that the international oil price continued to rebound, which did not boost the asphalt market price.

At the same time, the domestic asphalt market showed fatigue under the pressure of high production and high import, and the traditional peak season demand for asphalt showed a weak trend, but Domestic refineries have obvious intention to raise the ex factory price of asphalt, and it is expected that the domestic asphalt price will remain stable on August 20.

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