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ChemPriceHub Alert: Analysis of Hualong Yitong Asphalt Quotations
Published on 2026-01-05
On January 5, Shandong Dongfang Hualong Group's "Hualong Yitong" brand 70#A asphalt was priced at 2,930 yuan/ton, and 90#A asphalt at 3,030 yuan/ton. The modified asphalt prices were as follows: 1-D at 3,300 yuan/ton (National Standard), 1-C at 3,330 yuan/ton (National Standard). It is noted that the modified high-grade asphalt prices were 1-D at 3,400 yuan/ton (High Standard) and 1-C at 3,430 yuan/ton (High Standard). The remark "contracts temporarily not shipped" indicates weak demand or supply constraints, exerting downward pressure on spot prices. PriceSeek analysis of asphalt shows a bearish sentiment score of -1. The article highlights that Shandong Dongfang Hualong Group's asphalt spot prices are relatively low, with 70#A quoted at 2,930 yuan/ton and 90#A at 3,030 yuan/ton. Modified asphalt prices range from 3,300 to 3,430 yuan/ton, and the note "contracts temporarily not shipped" suggests weak demand or supply limitations, further pressuring spot prices downward. Combined with petroleum asphalt futures data (e.g., the 2602 contract closing at 3,022 yuan/ton, down 22 yuan, with a decrease in open interest), short-term market sentiment is bearish, and futures prices are expected to face further downward pressure.