This week’s global bitumen trends point to contrasting activity across the continents. While Europe slows due to seasonal holidays, parts of Africa and Asia are navigating weather and logistics pressures to maintain supply chains. Procurement strategies, refinery restarts, and vessel movements continue to shape the momentum for Q3.
Construction activity in Europe took a pause during the August holiday period, especially in France, Germany, and the UK. Bitumen truck demand dropped as asphalt plants shut down and projects were temporarily halted. The UK market was additionally affected by long-term government funding cuts and project cancellations, especially in road and rail.
Romania is emerging as a battleground for import competition, with new suppliers targeting the Black Sea terminals. This has driven domestic price softness despite reduced local demand. Meanwhile, the Nordic and Baltic regions reported steady bitumen needs, recovering from earlier weather-related delays.
West African bitumen demand remained subdued due to heavy rains, but cargoes continued trickling into Nigeria and Cameroon. Terminals in Lome and Warri received shipments from Belgium and Ivory Coast. South Africa stood out with relatively stable domestic demand and pricing, reflecting ongoing infrastructure work.
In East Africa, imports through Kenya’s Mombasa terminal increased as regional projects progressed. Tanzania and Djibouti showed variable demand due to freight cost changes. Morocco and Algeria remained very active, with multiple cargo arrivals as governments push to complete infrastructure before major sports events.
Monsoon disruptions and shipping delays hit procurement strategies in Southeast Asia. Vietnam showed limited new purchases, awaiting favorable rates. Singapore’s outbound activity slowed, impacted by fewer vessel bookings and softer demand in neighboring markets.
South Korea continued stable export flows, while Taiwanese traders maintained cautious positions. Overall, Asia's bitumen market reflected a tactical pause, as buyers and suppliers navigate mid-season challenges.