luckyacepoker| Demand for asphalt is picking up: Cost supports limited downside in local refining prices, and high-priced resources are under pressure
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[Asphalt demand is picking upluckyacepoker, market spot supply balance] In the short term, the asphalt market showed a rebound in demand. However, the supply of spot resources remained at a stable level, and regional price differences between brands failed to widen significantly. Due to the supporting role of the cost side, some refining companies have relatively small room for price adjustment. As a result, some prices may remain weak and stable, while high-end resources face a certain degree of downward pressure.
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