International crude oil price high narrow range shock, unable to boost domestic asphalt market price. At the same time, the supply of asphalt market is sufficient, and there is no driving force for the price of asphalt to rise. According to the price monitoring data of the business agency, the asphalt price was reported at 2525 yuan / ton on August 21, 0.10% higher than that at the beginning of the month.

This week’s meeting of the OPEC + Joint Ministerial Supervision Committee (jmmc) will put pressure on oil producers whose production exceeds the target to further reduce production in August September. However, the scale of OPEC production reduction has not been adjusted. This week, the international crude oil market lacks the directional news, the international crude oil price high level narrow range movement.

Recently, the northeast, North China and other regions have more rainfall, the asphalt market demand is general, the market transaction is light, and the asphalt price is falling. The rainfall in East China and Northern South China is obviously reduced, and the terminal road construction projects are gradually recovering, and the asphalt demand is recovering. Affected by the flood peak transit in Southwest China, the terminal demand is poor.

This week, the domestic asphalt plant operating rate was 67%, a slight decrease of 68% compared with last week. The operating rate of asphalt plant continued to maintain a high level. The speed of asphalt accumulation in refineries was fast, and the asphalt market inventory was sufficient.

Business agency analysts believe that the international crude oil price fluctuates at a high level, the impact of rainfall is gradually weakening, and the asphalt market will usher in the peak demand season, and the asphalt price is expected to rise.