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China Asphalt Social Inventory Down 3.1% Week-on-week, Marking 12 Consecutive Weeks of Drawdown

GateNews
Commodities
According to Longzhong Information, as of June 29, China's asphalt social inventory across 104 facilities totaled 1.1 million tons, down 3.1% from June 25 and down 39.4% year-over-year. The drawdown marks the 12th consecutive week of inventory reduction. Among the 54 sample asphalt factory inventories tracking 787,000 tons, the week-on-week decline reached 2.5%, with the steepest drops in Shandong and East China regions.
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