Crude Collapse Reshapes Asia’s Bitumen Trade<\/b>
Amid fears of a global recession, Brent crude oil prices dropped from around $79 to $60 per barrel from February to mid-April 2025, a decrease greater than 24%. <\/p>\n
Simultaneously, the Singapore HSFO 180cst, the main index for Asian bitumen pricing, fell from $450\/t to $390\/t, down 13%. As a result, the bulk bitumen prices in Singapore dropped from around $450\/t to below $400\/t. <\/p>\n
In South Korea, bitumen prices decreased from about $425\/t to $395\/t. <\/p>\n
Southeast Asia experienced major changes. Vietnam boosted its bitumen consumption by up to 30% due to large-scale infrastructure and road projects. Bitumen consumption in Vietnam is expected to exceed 1.2 million tons in 2025. <\/p>\n
In contrast, China and India saw weaker demand. In China, the yuan’s depreciation, construction slowdown, and the onset of a trade war with the US reduced domestic consumption. Also, reports mentioned China exporting bitumen to neighboring countries, further contributing to price declines across East Asia. <\/p>\n
<\/b> <\/h2>\n
Tariffs Opened Africa’s Gates<\/b>
The shutdown of South Africa’s “Natref refinery” brought domestic production to zero, making the country fully dependent on imports. <\/p>\n
As a result, bitumen imports from the Middle East to South Africa surged by more than 25% during March and April 2025. <\/p>\n
Europe’s Prices Light Dip Amid Global Shocks<\/b>
Europe saw a milder decline in bitumen prices. Mediterranean bitumen prices fluctuated between $410\/t and $450\/t. European buyers experienced only minor changes, with most bulk deals closing at a $10 to $15 discount compared to prices before Trump’s tariff announcement. <\/p>\n
Global Bitumen Market’s Shifts<\/b>
Clear changes emerged in export routes. South Korea’s bitumen exports to Vietnam increased by about 20% in recent months, while Singapore’s market share in Vietnam declined from around 55% last year to below 45%. <\/p>\n
On the demand side, African and Asian buyers benefited from increased supply options. Consequently, offered prices at some East African ports dropped by up to 10%, and payment terms became more favorable. <\/p>\n
As these conditions persist, the global bitumen market is expected to undergo further volatility and adjustments throughout 2025.
Hashtag: #business #energy #commidity <\/p>\n
The issuer is solely responsible for the content of this announcement.<\/p>\n\n Infinity Galaxy, headquartered in the UAE, specializes in bitumen market analysis, expert consultation, and comprehensive supply solutions. The company delivers precise, up-to-date analytics to facilitate informed purchasing decisions, timely actions, and maximized profits amid market fluctuations. For the latest pricing information, access the Bitumen Prices page at <\/p>\n DUBAI, UAE – Media OutReach Newswire<\/a> – 15 May 2025 – A 24% crash in Brent crude prices, a 13% drop in Asian bitumen costs, and a 30% surge in Vietnam’s demand\u2014since Donald Trump’s sweeping trade tariffs took effect on April 2, 2025, the global bitumen market has been thrust into unprecedented volatility. Infinity Galaxy, a UAE-based leader in bitumen market analysis and supply, provides critical insights into how these shifts are reshaping opportunities for suppliers and buyers across Asia and Africa. <\/p>\n Crude Collapse Reshapes Asia’s Bitumen Trade<\/b> Simultaneously, the Singapore HSFO 180cst, the main index for Asian bitumen pricing, fell from $450\/t to $390\/t, down 13%. As a result, the bulk bitumen prices in Singapore dropped from around $450\/t to below $400\/t. <\/p>\n In South Korea, bitumen prices decreased from about $425\/t to $395\/t. <\/p>\n Southeast Asia experienced major changes. Vietnam boosted its bitumen consumption by up to 30% due to large-scale infrastructure and road projects. Bitumen consumption in Vietnam is expected to exceed 1.2 million tons in 2025. <\/p>\n In contrast, China and India saw weaker demand. In China, the yuan’s depreciation, construction slowdown, and the onset of a trade war with the US reduced domestic consumption. Also, reports mentioned China exporting bitumen to neighboring countries, further contributing to price declines across East Asia. <\/p>\n Tariffs Opened Africa’s Gates<\/b> As a result, bitumen imports from the Middle East to South Africa surged by more than 25% during March and April 2025. <\/p>\n Europe’s Prices Light Dip Amid Global Shocks<\/b> Global Bitumen Market’s Shifts<\/b> On the demand side, African and Asian buyers benefited from increased supply options. Consequently, offered prices at some East African ports dropped by up to 10%, and payment terms became more favorable. <\/p>\n As these conditions persist, the global bitumen market is expected to undergo further volatility and adjustments throughout 2025. The issuer is solely responsible for the content of this announcement.<\/p>\n Infinity Galaxy, headquartered in the UAE, specializes in bitumen market analysis, expert consultation, and comprehensive supply solutions. The company delivers precise, up-to-date analytics to facilitate informed purchasing decisions, timely actions, and maximized profits amid market fluctuations. For the latest pricing information, access the Bitumen Prices page at <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2,4],"tags":[],"class_list":["post-23823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-outreach-newswire","category-media-outreach-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/23823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23823"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/23823\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![](\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/generic_link.png\")
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https:\/\/www.youtube.com\/@InfinityGalaxyCo<\/a><\/p>\nInfinity Galaxy<\/h4>\n
https:\/\/www.infinitygalaxy.org\/bitumen-prices<\/a>. Inquiries and personalized support are available via email at ![](\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/mail_icon_24.png\"){kind=icon}
info@infinitygalaxy.org<\/a> or by telephone at +971-50-980-4849. <\/p>\n<\/p>","protected":false},"excerpt":{"rendered":"
Asia and Africa\u2019s Winners and Losers<\/i><\/h4>\n
Amid fears of a global recession, Brent crude oil prices dropped from around $79 to $60 per barrel from February to mid-April 2025, a decrease greater than 24%. <\/p>\n <\/b> <\/h2>\n
The shutdown of South Africa’s “Natref refinery” brought domestic production to zero, making the country fully dependent on imports. <\/p>\n
Europe saw a milder decline in bitumen prices. Mediterranean bitumen prices fluctuated between $410\/t and $450\/t. European buyers experienced only minor changes, with most bulk deals closing at a $10 to $15 discount compared to prices before Trump’s tariff announcement. <\/p>\n
Clear changes emerged in export routes. South Korea’s bitumen exports to Vietnam increased by about 20% in recent months, while Singapore’s market share in Vietnam declined from around 55% last year to below 45%. <\/p>\n
Hashtag: #business #energy #commidity <\/p>\nhttps:\/\/infinitygalaxy.org\/<\/a>https:\/\/www.linkedin.com\/company\/infinitygalaxyco\/<\/a>https:\/\/x.com\/InfinityGalaxyT<\/a>https:\/\/www.facebook.com\/InfinityGalaxyCo<\/a>https:\/\/www.instagram.com\/infinitygalaxyco\/<\/a>https:\/\/www.youtube.com\/@InfinityGalaxyCo<\/a><\/p>\nInfinity Galaxy<\/h4>\n
https:\/\/www.infinitygalaxy.org\/bitumen-prices<\/a>. Inquiries and personalized support are available via email at info@infinitygalaxy.org<\/a> or by telephone at +971-50-980-4849. <\/p>\n<\/p>\n