China's Asphalt Prices Rise to 4,535.57 Yuan/Ton This Week, Up 0.02%

GateNews
According to Jin10 Futures, China's asphalt prices rose to 4,535.57 yuan/ton this week (May 29), up 0.86 yuan/ton or 0.02% week-over-week. The modest gain was driven by tightening supply as asphalt production capacity utilization rates declined, coupled with stable demand from infrastructure projects. Crude oil cost support remained steady despite recent Iran-U.S. peace agreement announcements, though northern rainfall increased construction headwinds.
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