Overview

As the only global price reporting agency that assesses bitumen, Argus understands bitumen markets on a local and global level and is continually developing content by responding to the market as it evolves. The Argus Bitumen service is a must-have for anyone seeking transparent and reliable bitumen prices, news, and expert market intelligence.

The Argus Bitumen service includes assessments for Europe, Africa, the Middle East, and Asia-Pacific, as well as expert commentary on market movements.  

Key features

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Spot prices

Trusted price references for European and African bitumen markets, and the main benchmark for Asia-Pacific and Mideast Gulf prices.

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Market-moving news

Access the latest market-moving news published by our expert team of on-the-ground market reporters to ensure you stay on top of the bitumen and asphalt markets as they develop.

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Industry data

Get valuable industry data including Iranian market and export sales data, and freight movements with vessel information.

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Robust methodologies

Argus Bitumen price assessments are underpinned by the most robust, transparent and credible methodologies, developed by the industry to ensure our price assessments are a true reflection of how the markets trade.

Customers that benefit

Market participants use the Argus Bitumen service for accurate and relevant bitumen pricing and market information. Below are examples of how some clients use this service:
  • Refiners

    Refiners rely on Argus’ accurate and impartial indexes to provide transparency in opaque and volatile bulk markets. Argus’ prices are referenced in asphalt contracts for domestic and international trade.

  • Bitumen resellers and distributors

    Bitumen resellers and distributors involved in the retail segment use Argus’ truck prices as a reliable insight into buying and selling in a highly competitive market environment.
  • Traders

    Traders involved in the global trade of bitumen products benefit from a credible pricing index when dealing with contracts. Argus also provides up-to-date information on market-moving events that could open or shut spot arbitrage opportunities in an increasingly globalised bitumen market.

  • Road and general construction companies

    Road and general construction companies use Argus price assessments to agree on spot and term deals for bitumen cargo and truck supplies.  

Key price assessments

Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.