Futures pull, but demand is general, asphalt market is difficult to promote

On June 15, the closing price of 2109, the main asphalt contract, was 3298 yuan / ton, up 2.57% on the previous day. The upward trend of international crude oil has a certain cost support for the market, the market is slightly strong, the spot demand is slightly flat, and the domestic asphalt spot market is slow to follow up. According to the monitoring data of the business agency, as of June 15, the average spot price of domestic asphalt was 3356 yuan / ton, with a month on month increase of 3.81% and a year-on-year increase of 45.15%.

The rain weather in the south is still obvious, and the market demand is tepid. The implementation of consumption tax policy can stimulate futures market and promote spot buying.

As of June 15, the factory quotation summary of main asphalt manufacturers in Shandong Province:

Enterprise, device, price

HSBC petrochemical A set of 2.3 million T / a atmospheric and vacuum distillation unit is expected to be overhauled until mid to late April 3300 yuan / ton

Jincheng petrochemical 1500 tons per day / Kelida There are two sets of atmospheric and vacuum distillation, one set of 3.2 million tons / year atmospheric and vacuum distillation and one set of 1.2 million tons / year atmospheric and vacuum distillation 3300 yuan / ton

Dongming Petrochemical A set of 3 million tons / year atmospheric and vacuum distillation unit intermittently produces asphalt, and the unit is converted to residual oil, with a daily output of 2500-3000 tons in normal production 3850 yuan / ton

Shenchi chemical / 3210 yuan / ton

Good policy, but affected by the weather, demand is difficult to follow up, business community asphalt analysts expect domestic asphalt spot market consolidation.