Talk about the current market of asphalt industry
There are many factors that affect the development of the asphalt industry. The upstream industry is one of the factors that have a greater impact. The upstream industries of the asphalt industry include petrochemical industry, coal and modification. People in the downstream are familiar with it, that is, expressway, waterproof building materials and municipal engineering road construction. The fluctuation of crude oil price and the change of crude oil processing capacity of upstream industries will directly affect the output and price of asphalt industry.
The overall development of the asphalt industry is still relatively good. For road construction, due to the long construction period, generally about three to four years, and the application of asphalt is generally at the end of construction, it is normal for the asphalt industry to have a fluctuation period.