Argus cif New York asphalt
Overview
The Argus cif New York asphalt price assessment is a transparent and widely used benchmark for US east coast imports. It supports physical and paper contracts, reflects key international supply flows and is underpinned by robust market data. Since 2024, Argus-based Ice futures have enabled effective price risk management across global asphalt markets.
Price assessment details
What are the advantages of the Argus cif New York asphalt price assessment?
The Argus cif New York asphalt assessment is used in physical spot and term contracts, as well as paper contracts, in the US and Latin America. The price captures import flows to the US east coast from Latin America, Canada and the Mediterranean.
The price is 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 cif New York asphalt price assessment used?
Market participants in the US and suppliers in Latin America, Canada and the Mediterranean use the assessment as an independent price benchmark to assess the value of asphalt being imported to the east coast.
Users of the assessment include traders, risk managers, planners, analysts, finance officers, governments, regulators, tax authorities, producers, refiners, contractor end users and construction companies, as well as supply and purchasing managers.
They are using the Argus assessment to make informed decisions, as an independent reference for physical spot and term contracts, as well as to mitigate risk in the paper markets using Argus-based Ice futures.
Where to find Argus cif New York 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 Quarterly Analytics.
The PA code for Argus cif New York asphalt is PA0000656.
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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.