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Chempricehub Important Reminder: Dongming Asphalt Starting Price 3060, Unit Under Maintenance
Published on 2026-01-29
January 27th news: On January 27th, the starting price for Dongming 70#A asphalt was set at 3,060 yuan/ton, with bidding scheduled for 10:30 AM (settlement based on actual bidding price). A 3 million tons/year atmospheric and vacuum distillation unit has been shut down for maintenance, resulting in a daily production reduction of approximately 3,000–4,000 tons. Current shipments are proceeding normally. Chempricehub's analysis of asphalt indicates a bullish-bearish score of 1.5. The report highlights that the starting price for Dongming 70#A asphalt is set at 3,060 yuan/ton, while the shutdown of a 3 million tons/year atmospheric and vacuum distillation unit for maintenance has reduced daily production by 3,000–4,000 tons, significantly tightening supply and supporting a rise in spot prices. Combined with data from the petroleum asphalt futures market, recent performance shows that the main contract, such as 2605, settled at 3,276 yuan/ton, up 38 points, with active trading volume and increased open interest, reflecting market expectations of a bullish trend. The unit maintenance has exacerbated supply shortages, potentially further driving up futures prices and supporting a bullish market outlook.