Argus waterborne fob Gulf asphalt
Overview
The US Gulf coast is a significant region for asphalt exports, and the quickly changing nature of crude slates has increased the need for transparent benchmarks that accurately reflect prices.
The Argus US Gulf fob assessment for asphalt cargoes moving from the region reflects weekly prices for AC-30, PG 64-22 and PG 67-22 grades, including cargoes destined for export markets.
Price assessment details
What are the advantages of the Argus waterborne fob Gulf asphalt price assessment?
The Argus waterborne fob Gulf assessment is used in physical spot and term contracts, as well as paper contracts, in the US and Latin America. The price captures an independent value for asphalt in one of the most liquid markets in the country.
Prices are published weekly, based on a robust, transparent methodology. Assessments include transactions, bids, offers and other indications of representative and repeatable prices. Our team is committed to ensuring the highest quality in price assessments while giving priority to spot transactions.
Since 2024, Ice futures based on Argus assessments have been available to help participants mitigate volatility and manage both fixed and floating price risk.
Our assessments are bolstered by Argus’ deep market knowledge, with local and international insights into asphalt and related commodity markets, to truly understand what is driving prices.
As the market develops, Argus provides the optimum tools and insights to make informed decisions.
How is the Argus waterborne fob Gulf asphalt price assessment used?
Market participants in the US and Latin America in particular use the Argus waterborne fob Gulf asphalt price assessment as an independent price benchmark to support key decisions around trade, supply and procurement.
Users of the assessment include traders, risk managers, planners, analysts, finance officers, governments, regulators, tax authorities, producers, refiners, contractor end user and construction companies, as well as supply and purchasing managers.
Where to find Argus waterborne fob Gulf asphalt price assessments
Prices are published weekly as part of Argus Americas Asphalt. This service delivers a range of trusted price assessments alongside market-moving news and analysis.
Our comprehensive market coverage also includes forward curves as well as consulting-led outlooks for the global asphalt industry with Argus Asphalt Analytics.
The PA code for Argus waterborne fob Gulf asphalt is PA0015105.
Explore our oil products reports
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.