Petroleum asphalt futures have been listed and traded in Shanghai Futures Exchange since 20 13 10/9. The market has been active, the market is running smoothly, the overall risk is controllable, and the price discovery function is gradually emerging, which has attracted extensive attention from domestic and foreign oil companies and the market has started well.
Spot asphalt and spot crude oil are the same. The popular point is the substitute of crude oil, which is a derivative substitute of crude oil. The price trend is exactly the same as that of crude oil, and it is much faster and more volatile than crude oil, which is a big plus for investors.