Bitumen front-month contract surged 3.76% to ¥5,298/ton — a 3-week high. Strong infrastructure demand in East China and rising fuel oil feedstock costs (up 0.51%) fueled the rebound.

Asphalt futures settled at ¥4,850/ton, up 2.36% on the day — the largest gain among petroleum products and the highest in three weeks. Road construction season is entering its final phase; social inventory drawdown in East China has accelerated and refinery runs remain stable, driving short-term restocking due to supply-demand mismatch. SNSUC’s transshipment clients have initiated November vessel scheduling.

Bitumen front-month contract rose 3.59% to CNY 4,908/t — its highest in three weeks — driven by accelerated road maintenance projects in East China and early winter stockpiling.

Bitumen front-month rose 3.12% to CNY 4,886/t — a 3-week high — driven by robust infrastructure demand in East China and refinery maintenance tightening physical supply.

Bitumen front-month contract gained 3.61% to ¥4,766/ton, closely tracking Brent (correlation 0.89); Q4 infrastructure projects funded by special bonds are accelerating—road construction stocking demand rising in East China, inventory drawdown cycle shortened to 18 days.

Bitumen front-month reached CNY 4,766/t (+3.61%), the second-highest level of 2026. Strong infrastructure demand in China and Southeast Asia — combined with a 10-day maintenance shutdown at two major East China refineries — tightened near-term supply.

Bitumen front-month reached CNY 4,766/t (+3.61%), the second-highest level this year. Strong Q4 demand from road maintenance and Southeast Asian infrastructure projects — combined with autumn refinery maintenance in East China — tightened near-term supply, shifting the curve to contango.

Bitumen front-month closed at CNY 4,650/t (+3.38%), supported by refinery maintenance in East China and peak-season road construction demand. Spot premiums widened to CNY 210/t, lifting near-term sentiment.