Argus bitumen fob Med price was launched in early 2020 to bring together cross Mediterranean bitumen trade, adding liquidity and pricing transparency for trade from East to West Med. The European Med countries are the most active bitumen exporters in Europe meeting the huge demand coming from North Africa, as well as exporting volumes to US and East of Suez destinations. The Argus bitumen fob Med price assessment is an outright price published weekly.

Price assessment details

What are the advantages of the Argus fob Mediterranean bitumen price assessment?

The Argus fob Med assessment is an outright price that collects transactions, bids, offers and oil products movements across the Mediterranean bringing together the market in one bitumen assessment. 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 Med assessment include traders, refiners, risk managers, planners, analysts, regulators, producers, contractor end users, construction companies, as well as supply and purchasing managers.