In June, the domestic asphalt market rose first and then fell. According to the monitoring data of business agency, the spot price of domestic asphalt at the beginning of the month was 4681 yuan / ton, and the market price of domestic asphalt at the end of the month was 4607 yuan / ton. The price in the month fell by 1.58% and increased by 35.63% year-on-year.

At the beginning of the month, the domestic asphalt market maintained a rising trend. In terms of regions, the price increases in North China, Shandong and Northeast China were obvious, mainly supported by the cost of crude oil, and the downstream rigid demand was ok, so the market quotation continued to rise; Other regions are mainly driven by the price rise of Sinopec, in which Sinopec in East China increased by 150 yuan / ton, and Sinopec in South China, Sichuan and Chongqing increased by 100 yuan / ton.

In the middle of May, domestic asphalt prices rose first and then fell. In terms of regions, the main areas of increase include East China, South China, southwest and Northwest China. Sinopec’s price rose by 50 yuan / ton, driving the market price upward. The falling regions include Shandong and North China, mainly due to the fall of crude oil prices, the outflow of some low-cost sources, and the price reduction and shipment of some major traders, which led to the decline of market prices.

In late June, the domestic asphalt market fell, mainly due to the fall in crude oil prices, the outflow of some low-cost sources, and the price reduction and shipment of some major traders, which led to a decline in market prices.

As of June 28, the factory quotation summary of major asphalt manufacturers in Shandong:

Enterprise, Device, Price

HSBC petrochemical, A 2.3 million T / a atmospheric and vacuum distillation unit has been started, with a daily output of 2000 tons ., 5180 yuan / ton

Jincheng petrochemical, 1500 tons per day ., 4300 yuan / ton

Kelida., There are two sets of atmospheric and vacuum distillation units, one set of 3.2 million T / a atmospheric and vacuum distillation unit and one set of 1.2 million T / a atmospheric and vacuum distillation unit, 4700 yuan / ton

Dongming Petrochemical, A set of 3million T / a atmospheric and vacuum distillation unit is currently converted to residual oil, and the inventory will not be shipped temporarily, with a daily output of 2500-3000 tons ., 5200 yuan / ton

Shenchi chemical, Normal shipment ., 4940 yuan / ton

According to the price monitoring of the business club, in the first half of 2022 (1.1-6.30), 136 commodities rose month on month in the list of bulk commodity prices, mainly in the chemical sector (64 in total) and the agricultural and sideline sector (16 in total), and the commodities with an increase of more than 5% were mainly in the chemical sector; The top 3 commodities with growth rate were butadiene (152.15%), lithium hydroxide (118.46%) and sulfur (89.80%). A total of 95 commodities fell month on month, mainly in the chemical industry (43 in total) and steel (15 in total), and commodities with a decline of more than 5% were mainly in the chemical industry sector; The commodities with the top three declines were electrolytic manganese (-57.47%), magnesium (-46.60%) and glycine (-45.71%). In this half year, the average increase and decrease was 6.53%.

The international crude oil fluctuated in a narrow range, the asphalt spot market was slightly flat, and there was no obvious contradiction between short-term supply and demand. The asphalt analysts of the business agency expect that the domestic asphalt market will be mainly sorted out.