Jiangsu market asphalt prices remain stable

Today, cost support is evident, and low-end prices have increased, with a rise of 150 yuan/ton. Currently, the truck transportation quotation is referenced at 4450-4600 yuan/ton. In terms of supply, major refineries are in a shutdown state, and the production plan for April is expected to decrease, which will support prices at low supply levels; however, on the demand side, high prices are suppressing transactions, and in some regions, terminal demand has been delayed, resulting in generally average trading activity. (Longzhong Information)

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