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China asphalt market to hold steady in Feb

Beijing (JLC), February 25--China asphalt market is expected to remain stable in February. China’s asphalt demand may keep weak in February as workers will take a holiday and the logistics will be closed during the Chinese New Year holiday.

02-25-2021 16:58:08

China asphalt market up in Jan 8-14, 2021

Beijing (JLC), January 15, 2021—China asphalt prices went up in the week from January 8 to January 14, 2021 buoyed by the warmer weather and price surge of crude, JLC data showed.

01-15-2021 17:48:08

China asphalt market largely up in Dec 2020

Beijing (JLC), January 15, 2021--China’s asphalt market mainly showed upward trend in different regions in December 2020, JLC data showed.

01-15-2021 17:47:04

China asphalt market continues downward trend amid virus

Beijing (JLC), March 24, 2020--China’s asphalt prices have extended losses in recent days, tracking slumps in crude oil prices amid coronavirus epidemic. As of March 24, JLC petroleum asphalt price index settled at CNY3,209/mt, CNY5/mt lower from last trading day.

03-25-2020 14:56:44

How coronavirus outbreak impacts China's asphalt market?

Beijing (JLC), February 13--China’s asphalt market is taking a beating amid the Wuhan-centered coronavirus outbreak. Refiners curbed their operating rates of asphalt capacity in view of soaring asphalt stock.

02-13-2020 17:40:00

SK Energy forms JV with Chinese firm to tap China's asphalt market

Beijing (JLC), December 4, 2019--South Korea's leading refiner SK Energy has invested CNY450 million ($63.66 million) to form a joint venture (JV) with a Chinese company, in a bid to tap the world's biggest asphalt user's market, according to latest industrial news.

12-04-2019 15:48:51

Oil price spike after Saudi attacks fails to boost China's spot asphalt market

Beijing (JLC), September 24, 2019--China asphalt futures prices surged while the spot market remained largely flat after the attack on Saudi oil facilities made oil prices spike.

09-24-2019 15:24:50

China asphalt market review in H1 2019

Beijing (JLC), July 10, 2019--China's heavy duty asphalt prices dropped after a long-term rise in the first half of 2019, largely following the trend of West Texas Intermediate (WTI) crude prices despite a lag, JLC data shows.

07-10-2019 11:26:05

China asphalt market buoyant after China’s New Year

Beijing (JLC), February 15, 2019--China’s asphalt market saw uptrend after China’s New Year ending at February 10, JLC data showed.

02-15-2019 19:30:49

Building asphalt market remains active in Dongying

The production capacity of building asphalt in the Dongying area accounts for about 80% of the market's share. Due to factors such as environmental protection and profits, building asphalt manufacturers in other regions of Shandong are in a state of production suspension.

04-18-2018 17:12:21

Events in China petroleum asphalt market in 2017

Events in China Petroleum Asphalt Market

12-22-2017 17:31:02

Asphalt market moved down slightly in September

As Sinopec asphalt prices slumped in September, transaction prices declined accordingly. The main reasons for Sinopec price slump were: 1. Inventory increased with flat sales as prices in independent refineries didn’t rise amid weak demand after noticeable price gains in previous period;

10-18-2017 15:01:07

Asphalt market overview in Q3 2017 (2)

China's asphalt apparent consumption volume was 16.486 million mt in January-July 2017, down 410,000 mt or 2% year on year. Sinopec's output increased greatly, especially for those state-owned refineries in East China and South China.

10-09-2017 17:36:15

Asphalt market overview in Q3 2017 (1)

With long standing material demand increasing, Sinopec's strategy change and other bullish new, China asphalt price climbed greatly in July-August.

10-09-2017 17:31:01

Major refiners changed their thoughts to boost the asphalt market

After sliding in May and June, China’s asphalt price surged in July amid inventory decline in refineries under maintenance and stronger demand. However, above all, the market price picked up as the major refiners transferred their thoughts on marketing strategy and future development.

08-24-2017 18:04:24

Petroleum asphalt market overview of H1 2017 (2)

In 2017, petroleum asphalt apparent consumption totaled 13.7491 million mt, down 410,000 mt or 3% year on year.

08-10-2017 17:44:16

Petroleum asphalt market overview of H1 2017 (1)

China's domestic asphalt price declined after rising in the first half of 2017.

08-10-2017 13:51:44

Asphalt market trend after "hot" July

China asphalt price surged in July due to tight supply and recovered downstream rigid demand. Sinopec settlement price in East China climbed CNY380-360/mt; and that in Shandong and South China rose CNY300-400/mt.

08-09-2017 16:43:39

Teapots asphalt market trend in Q1 2017

In the first quarter of 2017, Shandong asphalt market experienced the low price and then rallied rapidly, and the market price fell into fluctuating trend.

04-25-2017 11:43:34

Asphalt market remains upward in long term

Since the second half year of 2016, the asphalt market rallied successfully, so recently it’s not avoidable to see declines, especially under the pressure of upstream and downstream of the chain.

04-13-2017 16:46:44

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