The formation of petroleum asphalt futures trading price is caused by many factors. When analyzing the market trend of asphalt futures price, we should analyze the leading factors that affect the price trend of petroleum asphalt in a period of time.
1, the trend of national highway construction policy, such as the construction of large-scale highways, will increase the demand for asphalt.
2, seasonal factors, such as winter, low temperature, not suitable for highway construction standards, highway infrastructure shutdown, demand reduction and price decline.
3. Changes in oil prices. Asphalt is extracted from petroleum, and the international oil price directly affects the asphalt price.