Guangda Futures: Geopolitical tensions exacerbate market volatility, asphalt approaches limit up.

Last week, the crisis of the blockade of the Strait of Hormuz remained unresolved. After the completion of the transfer of power in Iran, they launched a "chain of strikes" against the United States, warning that they would attack relevant oil tankers, causing international oil prices to continue to rise. This week, the domestic market continued the geopolitical narrative, with the trend of petrochemical products generally strong, and asphalt approaching the daily limit during trading. The main reason is that some main refining factories are ensuring the supply of finished products, resulting in a expected reduction in asphalt production, maintaining low supply levels, boosting the trend of asphalt prices.