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What are the main factors that affect the fluctuation of spot asphalt?
Main influencing factors of asphalt market fluctuation

1. The main reason of spot asphalt price fluctuation is more dependent on the relationship between supply and demand, less affected by the short-term non-agricultural economic data, and the fluctuation is relatively stable, which is suitable for trend trading. As a commodity, asphalt has high market maturity, both financial and commodity attributes, and is closely related to macroeconomic indicators. It is a favorite trading commodity for domestic and foreign investors. Asphalt is one of the most important commodities in the international commodity market.

2. Profit from the fluctuation of asphalt price. The U.S. Department of Labor publishes the data of non-farm employment in the United States every month, and every time the data is released, the market will fluctuate violently. But many people can't predict the rise and fall of prices. In this respect, we can make profits by combining profit entrustment with stop-loss entrustment. That is, before the data is released, the buy order and the sell order are issued at the same time, and the profit and stop loss are entrusted respectively. As long as the price of stop loss commission is lower than the price of profit commission, it becomes risk-free profit. Although the asphalt price is still in the revision of the previous upward trend, the fragile balance between supply and demand will continue for a long time, and it is difficult for the price to fall further. The high operation and resurgence are still worth looking forward to. Investors are advised to be more pragmatic in the timing of intervention, and there is no need to gamble on things many years or ten years later. "Investment needs to be pragmatic and rational, don't follow suit! The general strategy is to be optimistic for a long time, but it is not recommended to chase after the rise, and wait for the opportunity to adjust before intervening.