2010 China bitumen production is expected to price spikes or suppressed

Wikipedia information on its statistical production data of asphalt modified by re-displayed, in April 2010 production was 1,351,000 tons of asphalt in China, basically the same chain, an increase of 6% from January to April 2010 production was 5,125,500 tons of asphalt in China, an increase of 25% or 1,027,400 tons.
    2010 China's demand for asphalt market is expected to usher in metal to metal ball valve mounted ball valve supplier the peak year, coupled with higher production of asphalt economy, asphalt refinery operating rates so high, in accordance with the current production trend information is expected by 2010 China Sea production is expected toward the 15.6 million tons of asphalt (relative increase 200 million tons more than in 2009), or may cause oversupply, so the second quarter of asphalt prices may withstand greater pressure.
    April 2010 production was 1,351,000 tons of asphalt  in China, of which, including the Yangtze River Delta and Shandong Province in East China, including the output of 631,300 tons of asphalt refinery, although a decline of 9%, but still increased 21% year on year, the current domestic market is asphalt demand for merchandise of the real end demand has not yet begun, and the demand for reserves may be difficult to fully absorb the supply, so the current level of production may suppress prices.
    Second, the Northeast region in April compared with March of asphalt production did not change significantly, mainly due to a set of Liaohe Petrochemical plant maintenance from the end of February, it reduced production of asphalt, in April to repair, leading to the limited supply of local resources, but also support the local pitch prices continue to rise in early May 100 yuan / ton. North China, Qinhuangdao in April as the end of maintenance, asphalt production returned to normal, a direct result of significant increase in the local market resources, but because the demand for larger pitch this year in North China, and the second quarter of highways built or extended, and conservation construction projects coming into the focus period, demand more support. Northwest April asphalt production is also no obvious change in the mainstream of the refinery project contract supply priority to the policy, making
 the flow of resources to the more fixed and single; In addition, some refineries outflow of resources to the North, Southwest and other provinces, but also makes the local demand gap larger.
    In terms of market share, CNOOC's production dropped by 38%, mainly due to maintenance shutdown in half of the state Haitai, coupled with the sea Daxie not scheduling; in the oil sector, given the number of refineries concentrated in 1-4 months maintenance, resulting in total production of bitumen from January to April to start than normal levels substantially reduced, but still occupy a larger market share, in the petrochemical refinery has maintained the high yield and high off the situation.
    Currently, the eastern, southern, northern parts of the  asphalt in the high level of inventory in the short term or difficult to obtain timely mitigation, the demand side also performed with the powerless, if the post-market resources, the continued high price of asphalt or will have some future suppressed.