Analysis of asphalt price on June 14, 2016

wallpapers Industry 2020-12-09

in the second half of 2016, non OPEC crude oil supply is expected to decline by 140000 barrels per day compared with the first half of 2016. Total production of non OPEC crude oil is expected to be 56.4 million barrels per day this year, down from the level of 57.1 million barrels per day in 2015. As of 5:00 p.m. on June 13, WTI crude oil futures price was 48.15 USD / barrel, down 1.51% from the previous trading day.

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asphalt Futures: on June 14, the main asphalt futures contract of Shanghai Futures Exchange was 1609, opening 1914 and closing 1938, up 1.57 compared with the settlement price of the previous trading day.

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on June 14, the overall price of domestic asphalt spot was basically stable, and the ex factory price of asphalt of CNOOC asphalt refinery was increased by 50 yuan / ton, according to Lu Xingjun, asphalt analyst of business agency; crude oil price continues to be below 50 US dollars / barrel, and the demand of asphalt market needs to be released, and the domestic asphalt price is expected to remain stable on June 15.