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Asphalt price is affected by the fluctuation of crude oil cost.VavadacasinonodepositbonusIn May, domestic LPG propane and butane prices fell 35 US dollars / ton compared with the previous month, and the PG2406 disk shock is expected to be weak.

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The trend of asphalt price fluctuates closely with the cost end of crude oil, and the basis shows a slight downward trend, while that in East China remains weak, while that in Shandong is relatively stable. Cloud Asphalt data show that asphalt production has dropped by 0% month-on-month this week.Vavadacasinonodepositbonus.360000 to 443800 tons. In May, the scheduled production of domestic asphalt plants reached 2.15 million tons, an increase of 160000 tons over the previous month, but a decrease of 520000 tons over the same period last year. Of this total, georefining production is expected to increase by 230000 tons from the previous month, while the supply of the main refineries is expected to decrease by 70, 000 tons. On the demand side, the delivery rate of local refineries slowed down due to continuous rainfall in East and South China. Although some northern regions have spot contracts and the overall shipments are OK, the rainy season in the south is not over yet. It is expected that most areas will still face rainy weather in the coming week, and it is difficult to improve shipments in the middle and lower reaches in the short term. Asphalt prices are expected to continue to be in line with fluctuations in raw oil prices at the cost side. In the LPG market, the May CP price released on Friday showed that the price of propane was $580 / ton, down $35 / ton from the previous month, while the price of butane was $585 / tonne, also down $35 / tonne from the previous month. At the same time, the landing discount also fell to the lowest point in the month, resulting in lower import costs. With the end of spring maintenance, the shortage of refinery resources is expected to be alleviated. The marginal demand for chemical industry has increased, but because the start-up time of multiple PDH units has not been determined, the purchase demand for raw materials is limited, and the outer disk price is also not stable. In the context of high arrivals and falling import costs, it is expected that PG2406 contracts will be dominated by shocks and weakness.