Weekly Reports: Get updated about Bitumen Market

Africa Bitumen Markets Are No Longer Moving Together

This week, the African bitumen market is showing a clear shiftو it is no longer moving as a single unified market. Instead of one common direction, each region is now reacting to its own drivers: supply conditions, rainfall, logistics problems, and domestic demand patterns. Nigeria: Lower Import Prices, Stronger Domestic Market In Nigeria, imported cargo...

Weekly Bitumen Report: Brent Oil Near $100, While the Hormuz Strait Still Holds Bitumen Prices Under Pressure

Political Phase The first week of June moved forward with mixed political signals. Trump spoke about the fast continuation of talks with Iran, but at the same time, U.S. military and naval pressure continued. Iran also raised the suspension of part of the message exchange after Israel’s attack on Lebanon, which again increased the possibility...

East Asia Bitumen Market: Supply Challenges and the Execution Gap

The East Asian bitumen market remained relatively stable at the end of May, although supply conditions and cargo availability continue to play a more important role than price alone. Current market indications show FOB Singapore at $566–575/MT and FOB South Korea at $540–550/MT, while CFR East China prices moved higher and Indonesia Ex-Works prices saw...

Weekly Bitumen Report: Brent Oil Price Falls Below $100, but the Strait of Hormuz Still Holds the Bitumen Market

Political Phase This week, the market moved with a clear contradiction. On one side, limited attacks between the U.S. and Iran returned to the headlines, but both sides avoided presenting them as a full collapse of the ceasefire. Washington described its new strikes on Iranian targets and drones near the Strait of Hormuz as defensive,...

Africa Bitumen Market: Timing Matters More Than Price

The African bitumen market this week is not only about prices going up or down. It is more complex. In East Africa, prices have gone up again. In West Africa, some prices have gone a little down, but this is mainly because of rain, slower projects, and careful buyers. It is not a normal market...

Weekly Bitumen Report: Diplomacy Is Getting Closer, but the Hormuz Strait Still Controls Oil Price and Bitumen Price

Political Phase This week, the market moved more on conflicting signals than on one clear piece of news. On one side, Tehran is reviewing the latest U.S. response, and Trump has said he can wait a few more days for the outcome. On the other side, the threat of another attack has not been removed...

East Asia Bitumen Market: Rising Prices, Limited Execution

The East Asian bitumen market remains firm, but buyers are becoming more selective. In today’s market, low prices alone are no longer enough. Buyers are paying closer attention to supply reliability, cargo availability, and delivery timing before making purchasing decisions. According to the latest market assessments, Singapore FOB was reported at $556–$568/mt, while South Korea...

Weekly Bitumen Report: Trump’s China Trip as the Hormuz Strait Remains the Main Pressure Point for Oil Price and Bitumen Price

Political Phase As of May 14, 2026, the biggest market shift is that diplomacy is neither dead nor reliable. Trump has rejected Iran’s latest proposal, described the ceasefire as being “on life support,” and said he does not need China’s help to deal with the war. For the market, the message is clear: the risk...

Africa Bitumen Market Enters Rebalancing Phase

Based on the latest market reports, the African bitumen market has entered a phase where looking at price numbers alone is no longer enough.In some trade routes, prices have corrected lower, but freight risk, supply limitations, and delivery timing are still keeping purchasing decisions highly sensitive.According to reports from international industry publications, commercial traffic through...

Weekly Bitumen Report: Diplomacy on Paper, Risk in the Field; Oil Pulled Back, but the Strait of Hormuz Still Remains the Market’s Main Knot

Political Phase As of May 7, 2026, the most important change in the market was not the end of the crisis, but a deeper gap between diplomatic hope and operational risk. On one side, Reuters, citing sources close to the talks, reported that Washington and Tehran were close to a short memorandum to stop the...