The ARGUS cif waterborne Mid-Atlantic asphalt price assessment
The Argus cif waterborne assessment for cargoes moving into and around the US Mid-Atlantic is a price reference for contracts in an actively traded spot market. The marker is published every Friday and includes a weekly assessment of cargo prices for PG 64-22 asphalt.
Advantages of the ARGUS cif waterborne Mid-Atlantic asphalt price assessment
The Argus cif waterborne Mid-Atlantic price assessment is used as a reference in physical spot and term contracts throughout the US and reflect the biggest, liquid market for larger cargoes imported from Europe, Canada, and Latin America as well as smaller domestic cargo deliveries. US east coast imports of asphalt have grown following the closure of several domestic facilities in 2017, and high volatility surrounding spot transactions has increased the need for a reliable benchmark for trades.
Users of the ARGUS cif waterborne Mid-Atlantic asphalt price assessment
Users of the cif waterborne Mid-Atlantic price assessment include traders, risk managers, planners, analysts, finance officers, governments, regulators, tax authorities, producers, refiners, contractor end users, construction companies, as well as supply and purchasing managers.