On January 5, Shandong Dongfang Hualong Group raised the price of its "Hualong Yitong" brand Hualong asphalt by 120 yuan across the board. Contract-based base asphalt: 70#A: 3050 yuan, procurement inquiries. 90#A: 3150 yuan, procurement inquiries. SBS modified asphalt: available for bulk retail. National Standard C: 3450 yuan/ton, National Standard D: 3420 yuan/ton, High Standard C: 3550 yuan/ton, High Standard D: 3520 yuan/ton.
PriceSeek Analysis of Asphalt, Bull-Bear Score: 1.5
Shandong Dongfang Hualong Group raised asphalt prices by 120 yuan on January 5, covering multiple varieties including base asphalt (70#A and 90#A) and SBS modified asphalt (National Standard C/D and High Standard C/D). This indicates tight market supply and demand, likely driven by rising raw material costs or a rebound in winter road construction demand. This price adjustment reinforces bullish sentiment in the spot market, benefiting spot prices, and it is expected that short-term spot prices will maintain an upward trend. The score of +1.5 reflects a relatively strong positive impact due to the significant and comprehensive price increase, but attention should be paid to the sustainability of subsequent demand.
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