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Summary Historical Data Suppliers Capacity Watch Landed Cost FX

Bitumen price Spec: China national standards;70#A|90#A|Modified 1-D (China national standards)|Modified 1-C (China national standards)|Modified high-grade 1-D|Modified high-grade 1-C;70%;70#;Jingbo/Jingbo 70

China EXW, VAT excluded

Newest China EXW USD 777.34 / MT · VAT excluded -13.3186 (-2.00%) as of 20261106

Newest Price 777.34
Price Date 20261106
Day's Change -13.32
Day's Range 777.34 - 764.02
Month's Change +51.57
Month's Range 777.34 - 828.9
Year's Change --
Year's Range --

The cost gap is real but misleading. Cement's lower upfront price hides higher lifetime costs: joint maintenance, slab replacement, and long road closures. For high-traffic corrido...

Also known as Asphalt, Asphalt cutback, asphalt fumes, asphalt(cut)

Recent market notes

Opinions

Why do most highways use bitumen pavement instead of cement concrete?

The cost gap is real but misleading. Cement's lower upfront price hides higher lifetime costs: joint maintenance, slab replacement, and long road closures. For high-traffic corridors where downtime is expensive, bitumen's faster repair cycle often wins on total cost of ownership, not just on comfort.

How did China's bitumen supply shift from shortage to self-sufficiency?

Supply growth alone does not explain the shift. The real turning point was product quality. Modified and specialty grades now meet performance specs that cement simply cannot match on safety and ride comfort, so buyers stopped treating bitumen as a scarce, price-sensitive commodity and started specifying it by grade.

What drives bitumen demand in China's road construction and beyond?

Watch the seasonal pattern closely. Bitumen demand peaks from June to October, so first-quarter weakness is normal rather than a demand signal. Buyers should track refinery operating rates and import arbitrage from Korea, since those two factors move spot prices faster than headline construction data.

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Bitumen price context

What drives Bitumen prices

  • Why do most highways use bitumen pavement instead of cement concrete?: The cost gap is real but misleading. Cement's lower upfront price hides higher lifetime costs: joint maintenance, slab replacement, and long road closures. For ...
  • How did China's bitumen supply shift from shortage to self-sufficiency?: Supply growth alone does not explain the shift. The real turning point was product quality. Modified and specialty grades now meet performance specs that cement...

How we assess Bitumen price

  • China factory / mainstream market EXW quotes (VAT excluded where shown) - not a single global public index
  • Regional and specification detail so buyers can compare like-for-like grades
  • Landed cost figures from our calculator are planning estimates, not a customs ruling