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Analysis of asphalt price on July 13, 2016

wallpapers Tech 2020-07-13

API crude oil inventory unexpectedly increased by 2.207 million barrels, and the rebound in oil price is expected to be stifled; OPEC monthly report: brexit brings crude oil demand risk, and supply of non OPEC oil producing countries declines. As of 5:00 p.m. on July 5, WTI crude oil futures price was 46.26 USD / barrel, down 1.18% from the previous trading day.


asphalt Futures: on July 12, the main asphalt futures contract of Shanghai Futures Exchange was 1609, opening 2038 and closing 2020, which was 1.61% higher than the settlement price of the previous trading day.

  On July 13, the overall price of domestic asphalt spot rose slightly, and the ex factory prices of major asphalts were flat. Lu Xingjun, an asphalt analyst at the business agency, believed that the international oil price fluctuated around $47 / barrel, and the imported asphalt price remained stable. Although it entered the peak season of asphalt demand, due to the impact of rainfall, the domestic asphalt market demand needs to be released, and the domestic asphalt price is expected to remain stable on July 14.

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