Bitumen Price

A Reliable Source for Bitumen Market Updates

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The European bitumen market is expected to stay under pressure into early January, with winter conditions and holidays limiting demand.
Market focus will shift to budgets, refinery rates, and supply risks for 2026.

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Across Germany, Benelux, France, and Central Europe, high supply and fading seasonal demand pushed prices lower.
Surplus cargoes from northwest Europe were redirected toward Mediterranean and African markets.

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European bitumen prices fell in mid-December as construction activity slowed ahead of the Christmas and New Year holidays.
Weak demand and lower HSFO values continued to pressure both truck and cargo markets.

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Mid-December bitumen moves in Central Europe:
Hungary and Romania bulk prices eased to $440–458/t, as seasonal demand slowed and year-end construction activity faded.
Weak buying interest keeps the market under pressure.

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In contrast, tighter prompt availability and loading delays supported firmer prices in the Middle East Gulf, keeping the price gap between Asia and the Middle East in focus.

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Weather disruption across Southeast Asia continued to limit construction activity and near-term demand, while high inventories kept buyers cautious in markets such as Vietnam, Malaysia, and China.

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Asia- Pacific bitumen prices softened as demand stayed slow and many buyers had already covered December needs.
Singapore prices weakened early, then stabilized as suppliers resisted lower bids.

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Fresh shifts in Southeast Asia this week:
Indonesia at $412/t (Jakarta, Drum) and Thailand at $402/t (Laem Chabang, Drum).
Soft demand continues to limit price movement across the region.

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Nigeria continued to drive regional demand as road work expanded during the dry season.
More tankers headed toward Nigerian ports, while West African cargo prices softened slightly following lower Mediterranean HSFO and weaker premiums.

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East Africa recorded higher delivered prices as Iranian export values rose and demand stayed steady.
In South Africa, domestic truck prices moved down as suppliers cleared stocks before the mid-December construction break.

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Bitumen prices in sub-Saharan Africa moved in mixed directions this week.
Nigeria’s dry season pushed demand higher, East Africa saw firmer delivered prices after Iranian FOB increases, and South Africa remained soft ahead of the construction recess.
https://t.co/hGChLQ8qfv

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Fresh shifts in Africa this week:
Kenya at $442/t (CFR Mombasa) and Congo at $584/t (CIF Matadi).
Demand differs by region, keeping the market balanced.

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Market outlook remains weak in the coming weeks as Southeast Asia weather disruptions continue and HSFO prices stay soft.

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Singapore, Vietnam, China, and South Korea recorded softer FOB levels this week as demand stayed low and stock levels remained high.

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Bitumen prices weakened across Asia as heavy rains and storms slowed construction. Buyers expect further declines and continue to delay new cargo purchases.

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Fresh shifts in Southeast Asia this week:
Indonesia at $410/t (Jakarta, Drum) and Thailand at $400/t (Laem Chabang, Drum).
Soft demand continues to keep the market steady.

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This vibe isn’t changing soon.
Demand stays weak, prices stay soft, and trading is slow.
Only limited-supply regions show some strength.
Overall?
Soft AF, likely staying that way until late Feb/early March when the 2026 paving season starts.

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Truck, cargo, all of it is drifting lower.
Weak Rotterdam HSFO and near-zero demand from the Nordics have pushed cargo values into full “no demand detected” mode.
Half the market is already in winter shutdown, and everyone’s just trying to stay low-risk and ride it out.

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Winter mode activated.
Construction across north and central Europe is largely frozen, and bitumen prices are falling as refineries clear stocks.
Germany, Poland, and the Czech Republic are trending down, while Hungary and Romania stay firmer due to limited supply.

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South Korea & China bitumen prices soften on weak demand. India sees mixed imports; Karnataka hits $456/t. Singapore has a large supply of asphalt.