Argus fob Singapore index (ABX1)
Prices for bitumen export cargoes from Singapore, reflecting daily, weekly and monthly prices for pen 60/70 and 80/100 grades that are used for trade across the Asia Pacific and NE Asia Markets
Overview
The Argus fob Singapore price assessment is a significant marker for the bitumen exports in the entire Asian region. The fob Singapore assessment is a widely used benchmark that accurately reflects prices. Argus fob Singapore fob assessment is for cargoes moving into and around the southeast Asia, north Asia and Australia markets, reflecting weekly prices for pen 60/70 and 80/100 grades.
Price assessment details
What are the advantages of the Argus fob Singapore bitumen price assessment?
The Argus fob Singapore price assessment is widely used in physical spot and term contracts throughout southeast Asia, north Asia and Australia markets and is one of the most liquid markers in Asia. Assessments are published weekly and based on transactions, bids, offers and other indications of repeatable prices. Our team is committed to ensuring the highest quality in price assessments, giving priority to spot transactions.
How is this assessment used?
Users of the fob Singapore assessments include traders, refiners, risk managers, planners, analysts, regulators, producers, contractor end users, construction companies, as well as supply and purchasing managers.
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