AI-powered asphalt price forecasting and risk management platforms enable asphalt contractors, producers, paving firms, infrastructure developers, and public agencies to better predict movements in the price of asphalt materials and control the financial risks of road construction projects. The multiple factors that influence crude oil markets, the activity of refineries, transportation costs, regional supply conditions, demand seasonality, and project schedules can interact with each other and affect the procurement of asphalt.
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