2019 Argus Bitumen and Asphalt eBook
Download your complimentary copy of the 2019 Argus Bitumen and Asphalt eBook for exclusive Q&As tackling questions on emerging trends, market challenges and the impact of IMO bunkering regulations.
Viewpoint: The biggest factor affecting the bitumen market in the year ahead will be the breakdown of its relationship with high-sulphur fuel oil
Waterborne bitumen cargo exports have typically been priced as a differential to HSFO. But this has started to change as buyers and, in some cases, sellers move to using crude benchmarks or outright pricing options instead. The disconnect with HSFO has come about thanks to a reduction in the permitted sulphur content in marine fuels to 0.5pc from 3.5pc from January 2020.