This Bitumen price report dated September 13, 2026 contains 130 planning references across 17 export-origin and terminal markets: 127 rows in the FOB/FCA comparison and 3 U.S. state indices shown separately below. Displayed values range from USD 290–1,004 per metric tonne. Penetration, viscosity, performance and oxidized grades are separated by origin, packaging and commercial basis. Public transparency varies by hub, so each row should be reconfirmed for current allocation, COA, quantity, laycan, payment route and compliance before contracting.
Price Report Date: September 13, 2026
Bitumen Country Average Price Map
Map values summarize 60/70 references where available and terminal references for India and Canada. The U.S. value summarizes September 2026 state indices. These averages combine different grades and packing; they are not directly comparable supplier offers. All values are USD per metric tonne (1,000 kg).
Methodology and Commercial Scope
Hub eligibility
The FOB/FCA comparison gives planning references for identified loading origins. U.S. state contract-adjustment indices appear in a separate section for market context, not as export quotations. A delivered or factory-gate price must not be treated as FOB/FCA without a documented basis.
Price hierarchy
Prefer dated direct origin quotations for procurement. An official index provides market context but does not by itself establish an export price, supplier, packing or Incoterm. Reconfirm every commercial reference before ordering.
Technical discipline
PEN, VG, PG and oxidized grades are shown separately. The Pen 60/70 rows follow the 13 September 2026 hub comparison. South Korea is included in the published Pen 60/70 assessment category; other grades are not automatically interchangeable. Confirm the contract specification and current COA.
Global Bitumen Prices by Export Hub
Iran
Iran combines the validated PEN 60/70 port, production-origin and land-corridor set with separately dated FOB observations for selected penetration, VG, AH, PG and oxidized grades. The map metric uses only the 60/70 dataset so other grades do not distort that benchmark.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Bandar Abbas / Shahid Rajaee Port | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net; export specification) | FOB | 390–415 | USD/MT |
| Bandar Abbas / Shahid Rajaee Port | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg; exact net weight by RFQ) | FOB | 375–405 | USD/MT |
| Bandar Abbas / Shahid Rajaee Port | Penetration Bitumen | 60/70 | Bulk vessel (heated) | FOB | 305–325 | USD/MT |
| Bandar Imam Khomeini / Mahshahr export terminal | Penetration Bitumen | 60/70 | Bulk vessel (heated) | FOB | 310–335 | USD/MT |
| Chabahar / Shahid Beheshti Jey Oil export terminal | Penetration Bitumen | 60/70 | Bulk vessel / heated terminal loading; subject to terminal program | FOB | 315–340 | USD/MT |
| Chabahar / Shahid Beheshti Jey Oil export terminal | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg; containerized/breakbulk as available) | FOB | 390–415 | USD/MT |
| Chabahar / Shahid Beheshti Jey Oil export terminal | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net; containerized/breakbulk as available) | FOB | 405–430 | USD/MT |
| Abadan / Khuzestan production origin | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 290–310 | USD/MT |
| Abadan / Khuzestan production origin | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 365–385 | USD/MT |
| Abadan / Khuzestan production origin | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 380–400 | USD/MT |
| Isfahan / Segzi production and packing cluster | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 290–310 | USD/MT |
| Isfahan / Segzi production and packing cluster | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 365–385 | USD/MT |
| Isfahan / Segzi production and packing cluster | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 380–400 | USD/MT |
| Tehran production origin | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 290–310 | USD/MT |
| Tehran production origin | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 365–385 | USD/MT |
| Tehran production origin | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 380–400 | USD/MT |
| Arak / Shazand production origin | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 290–310 | USD/MT |
| Arak / Shazand production origin | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 365–385 | USD/MT |
| Arak / Shazand production origin | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 380–400 | USD/MT |
| Shiraz / Fars production origin | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 295–315 | USD/MT |
| Shiraz / Fars production origin | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 370–390 | USD/MT |
| Shiraz / Fars production origin | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 385–405 | USD/MT |
| Tabriz / Northwest production origin | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 290–310 | USD/MT |
| Tabriz / Northwest production origin | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 365–385 | USD/MT |
| Tabriz / Northwest production origin | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 380–400 | USD/MT |
| Mehran / Parvizkhan / Shalamcheh Iran–Iraq corridor | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 320–345 | USD/MT |
| Mehran / Parvizkhan / Shalamcheh Iran–Iraq corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 390–415 | USD/MT |
| Mehran / Parvizkhan / Shalamcheh Iran–Iraq corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 405–430 | USD/MT |
| Mirjaveh–Taftan / Rimdan–Gabd Iran–Pakistan corridor | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 335–360 | USD/MT |
| Mirjaveh–Taftan / Rimdan–Gabd Iran–Pakistan corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 405–430 | USD/MT |
| Mirjaveh–Taftan / Rimdan–Gabd Iran–Pakistan corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 420–445 | USD/MT |
| Bazargan–Gürbulak / Razi–Kapıköy Iran–Türkiye corridor | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 320–345 | USD/MT |
| Bazargan–Gürbulak / Razi–Kapıköy Iran–Türkiye corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 395–420 | USD/MT |
| Bazargan–Gürbulak / Razi–Kapıköy Iran–Türkiye corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 410–435 | USD/MT |
| Astara / Jolfa Azerbaijan–Russia corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 400–425 | USD/MT |
| Astara / Jolfa Azerbaijan–Russia corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 415–440 | USD/MT |
| Sarakhs / Incheh Borun Central Asia–China corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 405–430 | USD/MT |
| Sarakhs / Incheh Borun Central Asia–China corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 420–445 | USD/MT |
| Dogharoun / Milak Iran–Afghanistan corridor | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 335–360 | USD/MT |
| Dogharoun / Milak Iran–Afghanistan corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 405–430 | USD/MT |
| Dogharoun / Milak Iran–Afghanistan corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 420–445 | USD/MT |
| Bandar Abbas / Shahid Rajaee Port | Penetration Bitumen | 80/100 | New steel drum | FOB | 398–428 | USD/MT |
| Bandar Abbas / Shahid Rajaee Port | Viscosity Grade Bitumen | VG10 | New steel drum | FOB | 399–429 | USD/MT |
| Bandar Abbas / Shahid Rajaee Port | Viscosity Grade Bitumen | VG30 | New steel drum | FOB | 400–430 | USD/MT |
| Bandar Abbas / Shahid Rajaee Port | Viscosity Grade Bitumen | VG40 | New steel drum | FOB | 402–432 | USD/MT |
| Bandar Abbas / Shahid Rajaee Port | Paving Bitumen | AH70 | Jumbo bag | FOB | 392–422 | USD/MT |
| Bandar Abbas / Shahid Rajaee Port | Performance Grade Bitumen | PG 76-10 | New steel drum | FOB | 580–610 | USD/MT |
| Bandar Abbas / Shahid Rajaee Port | Oxidized Bitumen | 115/15 | 25 kg carton | FOB | 362–392 | USD/MT |
Spain
The retained September 13, 2026 Pen 60/70 range for Tarragona, Huelva and Cartagena is a benchmark-derived FOB planning indication, not a proprietary settlement or current supplier offer. Reconfirm the underlying benchmark, export premium and shipment terms before contracting.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Tarragona / Huelva / Cartagena | Penetration Bitumen | 60/70 | Bulk vessel cargo (2,000–7,000 MT benchmark) | FOB | 605–615 | USD/MT |
Türkiye
The September 13, 2026 Pen 60/70 references distinguish jumbo-bag and drum loading at Mersin. Reconfirm exact packing, net weight, shipment quantity and a current FOB offer.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Mersin | Penetration Bitumen | 60/70 | Jumbo bag | FOB | 550–560 | USD/MT |
| Mersin | Penetration Bitumen | 60/70 | Drum | FOB | 560–570 | USD/MT |
Greece
The retained September 13, 2026 Pen 60/70 range for Aspropyrgos and Agio Theodori is a benchmark-derived FOB planning indication, not a proprietary settlement or current supplier offer. Reconfirm the underlying benchmark, export premium and shipment terms before contracting.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Aspropyrgos / Agio Theodori | Penetration Bitumen | 60/70 | Bulk vessel cargo (2,000–7,000 MT benchmark) | FOB | 610–620 | USD/MT |
Italy
The retained September 13, 2026 Pen 60/70 range for Ravenna, Augusta, Falconara and Taranto is a benchmark-derived FOB planning indication, not a proprietary settlement or current supplier offer. Reconfirm the underlying benchmark, export premium and shipment terms before contracting.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Ravenna / Augusta / Falconara / Taranto | Penetration Bitumen | 60/70 | Bulk vessel cargo (2,000–7,000 MT benchmark) | FOB | 610–620 | USD/MT |
South Korea
Yeosu/Ulsan is shown in the Pen 60/70 category. The Argus South Korea assessment definition explicitly covers Pen 60/70 and 80/100. This confirms the assessment categories, not the current numerical price or interchangeability of the two grades. Confirm specification and current COA.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Yeosu / Ulsan export market | Penetration Bitumen | 60/70 | Bulk vessel cargo | FOB | 575–585 | USD/MT |
Bahrain
Sitra remains the Bahrain waterborne PEN 60/70 benchmark. The public marker is shown as observed rather than widened into an artificial range.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Sitra | Penetration Bitumen | 60/70 | Bulk vessel cargo (1,500–5,000 MT benchmark) | FOB | 550 | USD/MT |
United Arab Emirates
Jebel Ali remains a transparent packed-bitumen export and re-export point. Delivered Jebel Ali prices are excluded from the origin comparison.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Jebel Ali | Penetration Bitumen | 60/70 | Drum | FOB | 575–585 | USD/MT |
| Jebel Ali | Penetration Bitumen | 80/100 | New steel drum | FOB | 516–546 | USD/MT |
Taiwan
The September 13, 2026 Pen 60/70 reference identifies Mailiao. The stated benchmark cargo size describes the assessment reference; confirm actual loading quantity and a current FOB offer.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Mailiao | Penetration Bitumen | 60/70 | Bulk vessel cargo (1,500–5,000 MT benchmark) | FOB | 595–605 | USD/MT |
Venezuela
José Terminal, Puerto La Cruz and Amuay are shown separately because current FOB values differ materially by terminal and packaging. Compliance and loadability must be reconfirmed before execution.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Jose Terminal | Penetration Bitumen | 60/70 | Drum | FOB | 650–660 | USD/MT |
| Jose Terminal | Penetration Bitumen | 60/70 | Bulk vessel cargo | FOB | 585–595 | USD/MT |
| Puerto La Cruz | Penetration Bitumen | 60/70 | Drum | FOB | 641–651 | USD/MT |
| Puerto La Cruz | Penetration Bitumen | 60/70 | Bulk vessel cargo | FOB | 566–576 | USD/MT |
| Amuay | Penetration Bitumen | 60/70 | Drum | FOB | 629–639 | USD/MT |
| Amuay | Penetration Bitumen | 60/70 | Bulk vessel cargo | FOB | 549–559 | USD/MT |
China
The September 13, 2026 South China indication describes an export-market discussion. The row retains the source-reported 60/70 market-discussion / AH-70 label; automatic technical interchangeability is not assumed. It is not an Argus China FOB assessment and is not inferred from a CFR destination price. Confirm the contractual standard and current COA.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| South China export market: Maoming / Guangzhou / Yangpu / Jieyang | Penetration Bitumen | 60/70 market discussion / AH-70 equivalent | Bulk vessel cargo | FOB | 615–625 | USD/MT |
Thailand
The September 13, 2026 Pen 60/70 reference identifies Rayong, Sriracha and Map Ta Phut. The stated benchmark cargo size describes the assessment reference, not guaranteed order availability or a minimum order quantity.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Rayong / Sriracha / Map Ta Phut | Penetration Bitumen | 60/70 | Bulk vessel cargo (3,000–5,000 MT benchmark) | FOB | 650 | USD/MT |
Côte d’Ivoire
The retained September 13, 2026 Pen 60/70 range for Abidjan is a benchmark-derived FOB planning indication, not a proprietary settlement or current supplier offer. Reconfirm the underlying benchmark, export premium and shipment terms before contracting.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Abidjan | Penetration Bitumen | 60/70 | Bulk vessel cargo (2,000–7,000 MT benchmark) | FOB | 715–720 | USD/MT |
Singapore
The September 13, 2026 Pen 60/70 references separate bulk and drum cargoes. Reconfirm packing, net weight, allocation and a current supplier offer before ordering.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Singapore | Penetration Bitumen | 60/70 | Bulk vessel cargo | FOB | 645–655 | USD/MT |
| Singapore | Penetration Bitumen | 60/70 | Drum | FOB | 715–725 | USD/MT |
India
India uses the September 1, 2026 refinery/depot table for VG10, VG30 and VG40. Published INR/MT pickup values are converted to USD/MT using the September 13 exchange rate and presented as FCA planning references.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Chennai refinery / depot | Viscosity Grade Bitumen | VG10 | Bulk tank truck | FCA | 723 | USD/MT |
| Chennai refinery / depot | Viscosity Grade Bitumen | VG10 | Packed bitumen | FCA | 815 | USD/MT |
| Chennai refinery / depot | Viscosity Grade Bitumen | VG30 | Bulk tank truck | FCA | 731 | USD/MT |
| Chennai refinery / depot | Viscosity Grade Bitumen | VG30 | Packed bitumen | FCA | 823 | USD/MT |
| Chennai refinery / depot | Viscosity Grade Bitumen | VG40 | Bulk tank truck | FCA | 798 | USD/MT |
| Chennai refinery / depot | Viscosity Grade Bitumen | VG40 | Packed bitumen | FCA | 875 | USD/MT |
| Haldia refinery / depot | Viscosity Grade Bitumen | VG10 | Bulk tank truck | FCA | 726 | USD/MT |
| Haldia refinery / depot | Viscosity Grade Bitumen | VG10 | Packed bitumen | FCA | 822 | USD/MT |
| Haldia refinery / depot | Viscosity Grade Bitumen | VG30 | Bulk tank truck | FCA | 739 | USD/MT |
| Haldia refinery / depot | Viscosity Grade Bitumen | VG30 | Packed bitumen | FCA | 802 | USD/MT |
| Haldia refinery / depot | Viscosity Grade Bitumen | VG40 | Bulk tank truck | FCA | 790 | USD/MT |
| Haldia refinery / depot | Viscosity Grade Bitumen | VG40 | Packed bitumen | FCA | 874 | USD/MT |
| Vizag refinery / depot | Viscosity Grade Bitumen | VG10 | Bulk tank truck | FCA | 743 | USD/MT |
| Vizag refinery / depot | Viscosity Grade Bitumen | VG10 | Packed bitumen | FCA | 831 | USD/MT |
| Vizag refinery / depot | Viscosity Grade Bitumen | VG30 | Bulk tank truck | FCA | 742 | USD/MT |
| Vizag refinery / depot | Viscosity Grade Bitumen | VG30 | Packed bitumen | FCA | 839 | USD/MT |
| Vizag refinery / depot | Viscosity Grade Bitumen | VG40 | Bulk tank truck | FCA | 795 | USD/MT |
| Vizag refinery / depot | Viscosity Grade Bitumen | VG40 | Packed bitumen | FCA | 900 | USD/MT |
| Koyali refinery / depot | Viscosity Grade Bitumen | VG10 | Bulk tank truck | FCA | 709 | USD/MT |
| Koyali refinery / depot | Viscosity Grade Bitumen | VG10 | Packed bitumen | FCA | 797 | USD/MT |
| Koyali refinery / depot | Viscosity Grade Bitumen | VG30 | Bulk tank truck | FCA | 748 | USD/MT |
| Koyali refinery / depot | Viscosity Grade Bitumen | VG30 | Packed bitumen | FCA | 811 | USD/MT |
| Koyali refinery / depot | Viscosity Grade Bitumen | VG40 | Bulk tank truck | FCA | 801 | USD/MT |
| Kochi refinery / depot | Viscosity Grade Bitumen | VG10 | Bulk tank truck | FCA | 810 | USD/MT |
| Kochi refinery / depot | Viscosity Grade Bitumen | VG10 | Packed bitumen | FCA | 834 | USD/MT |
| Kochi refinery / depot | Viscosity Grade Bitumen | VG30 | Bulk tank truck | FCA | 733 | USD/MT |
| Kochi refinery / depot | Viscosity Grade Bitumen | VG30 | Packed bitumen | FCA | 819 | USD/MT |
| Kochi refinery / depot | Viscosity Grade Bitumen | VG40 | Bulk tank truck | FCA | 793 | USD/MT |
| Kochi refinery / depot | Viscosity Grade Bitumen | VG40 | Packed bitumen | FCA | 799 | USD/MT |
| Mangalore refinery / depot | Viscosity Grade Bitumen | VG10 | Bulk tank truck | FCA | 717 | USD/MT |
| Mangalore refinery / depot | Viscosity Grade Bitumen | VG30 | Bulk tank truck | FCA | 733 | USD/MT |
| Mangalore refinery / depot | Viscosity Grade Bitumen | VG30 | Packed bitumen | FCA | 789 | USD/MT |
| Mangalore refinery / depot | Viscosity Grade Bitumen | VG40 | Bulk tank truck | FCA | 794 | USD/MT |
| Mumbai refinery / depot | Viscosity Grade Bitumen | VG10 | Bulk tank truck | FCA | 723 | USD/MT |
| Mumbai refinery / depot | Viscosity Grade Bitumen | VG10 | Packed bitumen | FCA | 850 | USD/MT |
| Mumbai refinery / depot | Viscosity Grade Bitumen | VG30 | Bulk tank truck | FCA | 733 | USD/MT |
| Mumbai refinery / depot | Viscosity Grade Bitumen | VG30 | Packed bitumen | FCA | 859 | USD/MT |
| Mumbai refinery / depot | Viscosity Grade Bitumen | VG40 | Bulk tank truck | FCA | 786 | USD/MT |
| Mumbai refinery / depot | Viscosity Grade Bitumen | VG40 | Packed bitumen | FCA | 909 | USD/MT |
| Panipat refinery / depot | Viscosity Grade Bitumen | VG10 | Bulk tank truck | FCA | 714 | USD/MT |
| Panipat refinery / depot | Viscosity Grade Bitumen | VG10 | Packed bitumen | FCA | 788 | USD/MT |
| Panipat refinery / depot | Viscosity Grade Bitumen | VG30 | Bulk tank truck | FCA | 728 | USD/MT |
| Panipat refinery / depot | Viscosity Grade Bitumen | VG30 | Packed bitumen | FCA | 812 | USD/MT |
| Panipat refinery / depot | Viscosity Grade Bitumen | VG40 | Bulk tank truck | FCA | 780 | USD/MT |
| Panipat refinery / depot | Viscosity Grade Bitumen | VG40 | Packed bitumen | FCA | 859 | USD/MT |
| Hyderabad refinery / depot | Viscosity Grade Bitumen | VG10 | Bulk tank truck | FCA | 723 | USD/MT |
| Hyderabad refinery / depot | Viscosity Grade Bitumen | VG10 | Packed bitumen | FCA | 879 | USD/MT |
| Hyderabad refinery / depot | Viscosity Grade Bitumen | VG30 | Bulk tank truck | FCA | 733 | USD/MT |
| Hyderabad refinery / depot | Viscosity Grade Bitumen | VG30 | Packed bitumen | FCA | 939 | USD/MT |
| Hyderabad refinery / depot | Viscosity Grade Bitumen | VG40 | Bulk tank truck | FCA | 786 | USD/MT |
| Mathura refinery / depot | Viscosity Grade Bitumen | VG10 | Bulk tank truck | FCA | 714 | USD/MT |
| Mathura refinery / depot | Viscosity Grade Bitumen | VG10 | Packed bitumen | FCA | 788 | USD/MT |
| Mathura refinery / depot | Viscosity Grade Bitumen | VG30 | Bulk tank truck | FCA | 728 | USD/MT |
| Mathura refinery / depot | Viscosity Grade Bitumen | VG30 | Packed bitumen | FCA | 812 | USD/MT |
| Mathura refinery / depot | Viscosity Grade Bitumen | VG40 | Bulk tank truck | FCA | 780 | USD/MT |
| Mathura refinery / depot | Viscosity Grade Bitumen | VG40 | Packed bitumen | FCA | 859 | USD/MT |
Canada
Canada remains the largest reported petroleum-bitumen exporter in the latest global trade dataset. September Edmonton and Vancouver asphalt-cement indices are converted from CAD/MT to USD/MT using the September 13 exchange rate.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Edmonton terminal market | Asphalt Cement Index | Local index basis; confirm project PG grade | Bulk tank truck | FCA | 877 | USD/MT |
| Vancouver terminal market | Asphalt Cement Index | Local index basis; confirm project PG grade | Bulk tank truck | FCA | 950 | USD/MT |
U.S. State Asphalt Indices — September 2026
United States
These September 2026 state indices are contract-adjustment benchmarks for market context. They are not supplier quotations or confirmed FCA export prices. Supplier availability, packaging and delivery terms must be confirmed separately.
| Hub / Origin | Product / Type | Grade | Packaging | Basis | September Index | Unit |
|---|---|---|---|---|---|---|
| North Carolina terminal average | Asphalt Cement Index | Grade not specified in cited index | Not specified by index | State index | 841 | USD/MT |
| Virginia terminal index | Performance Grade Asphalt Binder Index | PG 64-S-22 | Not specified by index | State index | 858 | USD/MT |
| Virginia terminal index | Performance Grade Asphalt Binder Index | PG 64-E-22 (September source label) | Not specified by index | State index | 1,004 | USD/MT |
Sources, dates and units
The VDOT adjustment-index table lists September 2026 values of USD 857.72/metric ton for PG 64-S-22 and USD 1,004.19/metric ton for PG 64-E-22. The displayed values are rounded. VDOT uses PG 76-22 in its October headline; this report retains the September source label without asserting grade equivalence or polymer chemistry.
The NCDOT DF00564 proposal, page R-5 (PDF page 45) records a September 1, 2026 index of USD 762.50 per ton. NCDOT 2024 specifications, section 109-1 define ton as a 2,000-pound short ton. Multiplying by 1.102311 gives approximately USD 840.51/metric tonne, displayed as USD 841.
Source check: October 24, 2026. Observation month: September 2026. Checking a source does not make these figures current supplier offers.
Usage and Risk Notes
- These values are planning references, not binding offers. Reconfirm the exact producer, grade, packing, quantity and validity before issuing a purchase order.
- FOB and FCA are not interchangeable. Destination freight, insurance, import charges, duties and local delivery are excluded from the commercial references; U.S. state indices are separate benchmarks, not export quotations.
- Active exporters without a supportable public FOB/FCA number are intentionally omitted from the priced tables rather than estimated from CFR/CIF/EXW values.
- Local-currency India and Canada references are converted to USD/MT using the September 13, 2026 exchange-rate snapshot; commercial invoices may use a different conversion date.
- Iran and Venezuela transactions require enhanced sanctions, banking, vessel, insurer, beneficial-ownership and destination screening.
- Current regional shipping and fuel-oil volatility can move executable values faster than published benchmark updates.
Bitumen Price FAQ
What does Latest Price mean?
It is a dated planning reference for the stated grade, origin and packing, not a guaranteed executable offer. The separate U.S. section uses a September Index column for state benchmarks. Request a dated supplier quotation before ordering.
Why are some major exporters absent?
Trade volume alone is not enough. A country is withheld from the priced table when no current or still-supportable public FOB/FCA value can be shown without inference from a delivered or factory-gate price.
Why do observation dates differ?
Price transparency differs by market. Check each observation date and basis before comparing offers. The U.S. state indices retain their September 2026 observation month and are shown separately from the commercial references.
Can regional grades be substituted?
No. PEN, VG, PG and oxidized grades follow different specifications. Confirm the contract standard and current COA before technical acceptance.
What should an RFQ include?
Specify grade and standard, accepted producer/origin, quantity, net packing weight, loading point, destination, laycan, inspection, documents, Incoterm and payment terms.
How often should prices be reconfirmed?
Reconfirm before contracting and again before vessel, container or truck booking, especially during volatile crude, HSFO, freight or geopolitical conditions.
Request a Current Bitumen Quotation
Send the required grade, quantity, packaging, loading origin, destination, shipment window, payment terms and document requirements for a current commercial review.
Submit Your Bitumen Purchase Inquiry