Group 1 - The domestic crude oil futures market showed a strong performance, with asphalt futures experiencing a price increase of 2.34%, reaching a high of 3234.00 yuan/ton [1] - Industry data for the third week of October indicates an increase in both supply and demand from refineries, although the absolute demand remains low, aligning with historical lows [1] - The asphalt market is expected to maintain a tight balance in the short term, with price support at the bottom due to stable inventory levels [1] Group 2 - In the medium to long term, demand in the northern regions is expected to decline as temperatures drop, while southern regions may see a boost in consumption once rainfall decreases [2] - The recent trial reform of consumption tax in Shandong has not expanded further, leading to price disparities in the southern regions due to restrictions from crude oil quotas and consumption taxes [2] - Overall, the current peak season for asphalt has not exceeded expectations, and there is a focus on upcoming macroeconomic meetings for potential demand growth [2]
市场维持紧平衡格局 预计沥青短线走势震荡稍强
Jin Tou Wang·2025-10-22 06:02