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Bitumen Price by Port: FOB, CFR and CIF Prices in August 2026

The bitumen price by port is one of the most important factors for international buyers, road contractors, asphalt plants, distributors, and construction companies when planning a new order. The final cost of bitumen can vary significantly depending on the loading port, destination port, packaging type, grade, freight rate, and delivery terms.

In August 2026, international bitumen prices continue to vary across the Middle East, Africa, South Asia, Southeast Asia, China, and other major importing markets. Buyers looking for bitumen price per ton should therefore consider more than just the basic product price. A competitive FOB price does not always result in the lowest CFR or CIF price at the destination.

This page provides an overview of bitumen prices in August 2026 on FOB, CFR and CIF basis, covering major destination ports such as Mombasa, Dar es Salaam, Lagos, Matadi, Colombo, Chittagong, Nhava Sheva, Chennai, Manila, Ho Chi Minh City, Qingdao, Kaohsiung and Constanta.

Prices should always be considered indicative because bitumen and international freight markets can change quickly.

Current Bitumen Price in August 2026

The current bitumen price per metric ton depends primarily on the grade, packing, origin, quantity and delivery basis.

For exports from Middle Eastern ports, penetration-grade bitumen remains one of the most actively traded products. Grades such as Bitumen 60/70 and 80/100 are widely used for road construction and asphalt production, while other grades are supplied according to climatic conditions and project specifications.

Current market references during August 2026 show considerable variation between different Middle Eastern export locations and packing methods. For example, public market indications for Iranian Bitumen 60/70 in new steel drums have been reported around the low-$400/MT range FOB Bandar Abbas, while UAE re-export prices from Jebel Ali are considerably higher.

This difference demonstrates why buyers should always identify the exact loading port when comparing bitumen offers.

Bitumen Price by Port

The bitumen price by port represents the estimated or confirmed cost of supplying bitumen to a specific international port.

For example, the price of Bitumen 60/70 delivered to Mombasa cannot be directly compared with the price delivered to Qingdao or Chennai. Even when the FOB product price is identical, ocean freight, transit time, shipping line availability, container costs and local routing can produce significantly different CFR prices.

Major ports commonly requested by international bitumen buyers include:

• Mombasa, Kenya

• Dar es Salaam, Tanzania

• Lagos, Nigeria

• Matadi, DR Congo

• Colombo, Sri Lanka

• Chittagong, Bangladesh

• Nhava Sheva, India

• Chennai, India

• Manila, Philippines

• Ho Chi Minh City, Vietnam

• Qingdao, China

• Kaohsiung, Taiwan

• Constanta, Romania

Public August 2026 market indications also demonstrate these regional differences. Fourth-week indications for Bitumen 60/70 in drums were reported around $740/MT CFR Mombasa and Dar es Salaam, while Asian indications included approximately $625/MT for Ho Chi Minh City, $615/MT for Qingdao, $695/MT for Manila and $635/MT for Kaohsiung, subject to normal market tolerances.

Therefore, checking the destination is essential before requesting a firm quotation.

FOB Bitumen Price

FOB (Free on Board) is one of the most common terms used in international bitumen trading.

Under FOB terms, the seller is responsible for supplying and delivering the bitumen according to the agreed conditions at the named loading port. The buyer generally arranges the main ocean freight from the loading port to the destination.

FOB pricing is particularly useful for buyers who already have competitive freight contracts with shipping lines or freight forwarders.

A typical inquiry may therefore request:

Bitumen 60/70 – New Steel Drum – FOB Middle East Port – USD/MT

FOB prices are influenced by several factors, including refinery prices, raw material costs, packing expenses, inland transportation, terminal handling, loading port and available export capacity.

The loading port must always be specified because an FOB price from a Middle Eastern port cannot automatically be compared with an FOB price from Singapore, Turkey or another export hub. For example, during the fourth week of August 2026, published 60/70 drum indications were around $580/MT FOB Jebel Ali and $730/MT FOB Singapore, illustrating the large regional differences that can exist between export hubs.

CFR Bitumen Price

CFR (Cost and Freight) means the seller quotes the product together with ocean freight to the named destination port.

For many international buyers, CFR is more convenient than FOB because it provides a clearer picture of the landed port cost before destination-side charges.

For example:

Bitumen 60/70 – CFR Mombasa

means that the quoted price includes the product and freight to Mombasa Port according to the agreed Incoterm.

The calculation can be simplified as:

FOB Bitumen Price + Ocean Freight + Applicable Shipping Costs = CFR Price

However, actual freight calculations are more complicated because shipping rates depend on container availability, vessel schedules, route conditions, transshipment, port congestion and shipment size.

This is why the CFR bitumen price can change even when the FOB price remains stable.

CIF Bitumen Price

CIF (Cost, Insurance and Freight) is similar to CFR, but the seller also arranges the required marine insurance under the applicable CIF terms.

A CIF quotation therefore includes:

Product Cost + Freight + Insurance

For buyers who want a more complete shipping arrangement, requesting a CIF bitumen price can simplify procurement.

However, buyers should still check destination charges separately. CIF does not necessarily mean that every cost after arrival at the destination is included.

Customs duty, taxes, port charges, storage, demurrage, customs clearance and inland transportation may remain outside the seller's quotation depending on the contract.

Bitumen 60/70 Price by Port

Bitumen 60/70 is among the most widely traded penetration grades in the international market.

It is extensively used for asphalt production, highway construction, road paving and infrastructure projects in many climatic regions.

The Bitumen 60/70 price can differ from port to port because of freight and logistics.

East African buyers frequently request CFR quotations to Mombasa and Dar es Salaam, while West and Central African customers may request prices for Lagos and Matadi.

In South Asia, important destinations include Colombo, Chittagong, Nhava Sheva and Chennai.

Southeast and East Asian buyers frequently request quotations for ports such as Manila, Ho Chi Minh City, Qingdao and Kaohsiung.

This geographical diversity makes a port-based price table much more useful than publishing only one international bitumen price.

Bitumen Price in Mombasa, Kenya

Mombasa is one of East Africa's important gateways for imported construction materials.

Buyers searching for bitumen price in Kenya commonly request CFR or CIF Mombasa quotations for Bitumen 60/70 and 80/100 in new steel drums or jumbo bags.

Freight to Mombasa can vary depending on the loading port, shipping line and container availability.

For this reason, buyers should provide the required quantity and packing method when requesting a quotation.

Bitumen Price in Dar es Salaam, Tanzania

Dar es Salaam is another major destination for bitumen shipments into East Africa.

The bitumen price in Tanzania is particularly relevant for road contractors, asphalt producers and distributors supplying infrastructure projects.

CFR Dar es Salaam quotations can vary from Mombasa even when both shipments originate from the same loading port.

Shipping schedules and available routes should therefore be checked before confirming an order.

Bitumen Price in India

India is one of the world's major bitumen-consuming markets due to its extensive road and infrastructure network.

For imported packed bitumen, two important destination ports are Nhava Sheva and Chennai.

The final bitumen price in India depends on the destination port, grade, packing and origin.

VG grades are particularly important in the Indian market. Buyers frequently request VG10, VG30 and VG40 bitumen prices, depending on project specifications and climate.

When requesting a price for India, specifying the destination port is important because freight to Nhava Sheva can differ from freight to Chennai.

Bitumen Price in Southeast Asia

Southeast Asia represents an important market for penetration-grade bitumen.

Ports such as Manila in the Philippines and Ho Chi Minh City in Vietnam regularly appear in international bitumen trade inquiries.

Current CFR prices depend heavily on regional shipping conditions.

Published fourth-week August 2026 market indications show this clearly: Bitumen 60/70 in drums was indicated at approximately $695 ±10/MT CFR Manila compared with approximately $625 ±10/MT CFR Ho Chi Minh City.

The difference shows why a single "Asia bitumen price" is not sufficiently accurate for procurement decisions.

Bitumen Price in China

China is a significant bitumen market with numerous destination ports.

For international shipments, Qingdao is one of the ports that can be considered when preparing CFR quotations.

Chinese bitumen prices can be affected by domestic refinery output, infrastructure demand, crude oil prices and imported material availability.

Recent August 2026 market reports also showed firmer CFR indications across several Chinese destinations, highlighting how regional benchmarks can change even within a short period.

Buyers should therefore request a current quotation instead of relying on an old monthly price.

Drum, Jumbo Bag, Bulk and Flexi Bitumen Prices

Packaging has a major impact on the final bitumen price per ton.

Bitumen in New Steel Drums

Steel drums are among the most common packing options for international bitumen exports.

Drummed bitumen is suitable for markets where bulk storage facilities are unavailable or where buyers require easier handling and distribution.

However, drum production, stuffing, container loading and handling increase the cost compared with bulk bitumen.

Bitumen in Jumbo Bags

Jumbo bags can provide a lower packing cost than steel drums for suitable grades and destinations.

They can also increase operational efficiency for certain buyers.

Bulk Bitumen

Bulk bitumen normally has a lower product and packaging cost per metric ton because steel drums or jumbo bags are not required.

However, bulk shipments require specialized heated storage, loading and transportation infrastructure.

Bitumen in Flexitank

Flexitank or flexi packaging can be used for certain bitumen grades and routes where technically and operationally suitable.

Its competitiveness depends strongly on container costs, heating requirements and destination handling capability.

What Affects Bitumen Prices?

International bitumen prices are dynamic rather than fixed.

Several factors can change the final price:

Crude Oil and Feedstock Prices: Bitumen is a petroleum refinery product, so changes in crude oil and refinery feedstock economics can influence production costs.

Exchange Rates: Currency movements can affect export pricing, particularly when production costs and international sales are denominated in different currencies.

Packaging: Drum, jumbo bag, flexi and bulk prices differ because each method has different material and operational costs.

Ocean Freight: Freight can represent a significant part of the final CFR price, especially for distant destinations.

Order Quantity: Larger orders may provide better production, packing and freight economics.

Bitumen Grade: Penetration grades, viscosity grades, oxidized bitumen, cutback bitumen and emulsions have different production costs.

Seasonal Demand: Road construction activity can increase demand during peak paving seasons.

Port and Route Conditions: Congestion, container shortages, vessel schedules and route disruptions can quickly affect freight costs.

These factors explain why bitumen quotations normally have a limited validity period.

How to Request an Accurate Bitumen Price

To receive an accurate quotation, buyers should provide complete purchasing information.

A professional bitumen inquiry should include:

Product: Bitumen
Grade: 60/70, 80/100, VG30 or required grade
Quantity: Total metric tons required
Packing: New steel drum, jumbo bag, bulk or flexi
Destination: Exact destination port
Incoterm: FOB, CFR or CIF
Inspection: SGS, Intertek, Geo-Chem or other requirement
Payment Terms: Required payment method
Delivery Schedule: Expected shipment period

For example:

Bitumen 60/70, 500 MT, New Steel Drums, CFR Mombasa, Kenya

is much easier to quote accurately than simply asking for "Bitumen 60/70 price."

Are Online Bitumen Prices Final?

No. Online bitumen prices should generally be treated as indicative market prices unless specifically stated as a firm commercial offer.

Bitumen prices and freight rates can change quickly.

Published August 2026 market sources themselves generally describe displayed prices as indicative or subject to confirmation, with final offers depending on factors such as quantity, packing, loading location and shipment timing.

For purchasing decisions, buyers should request a current quotation based on their exact destination and quantity.

Get the Latest Bitumen Price for Your Port

Finding the right bitumen price by port requires comparing more than the basic FOB value.

The most competitive solution depends on the bitumen grade, packing type, loading port, destination, quantity and current ocean freight.

Whether you require Bitumen 60/70, 80/100, VG10, VG30, VG40, oxidized bitumen, cutback bitumen or bitumen emulsion, checking both the product price and transportation cost is essential.

Our bitumen price table covers major markets across Africa, India, Sri Lanka, Bangladesh, Southeast Asia, China, Taiwan and Europe, with FOB, CFR and CIF quotations available according to destination and shipment requirements.

For the latest bitumen price per ton, send your required grade, quantity, packing type and destination port to receive a current commercial quotation.

Frequently Asked Questions About Bitumen Prices

What is the bitumen price per ton in August 2026?

Bitumen prices vary according to grade, origin, packaging, loading port and destination. There is no single worldwide bitumen price per ton. Buyers should compare current FOB prices and destination-specific CFR or CIF quotations.

What is the current Bitumen 60/70 price?

The Bitumen 60/70 price depends heavily on origin and packing. August 2026 public market references show substantial differences between Middle Eastern FOB origins and destination CFR prices. A firm quotation should therefore specify the loading or destination port.

What is the difference between FOB and CFR bitumen prices?

FOB covers the product under Free on Board terms at the named loading port, while CFR includes the cost of freight to the named destination port.

What is the difference between CFR and CIF?

CFR includes cost and freight to the destination port. CIF additionally requires the seller to arrange marine insurance according to the applicable CIF terms.

Why is the bitumen price different for each port?

The difference is mainly caused by ocean freight, route, shipping line, container availability, transit conditions and destination-specific logistics.

How often should bitumen prices be updated?

For a commercial price page, updating prices at least weekly is preferable. During volatile market conditions, more frequent updates can make the page more useful to buyers.

Can I request CFR or CIF prices for another port?

Yes. A destination-specific quotation can be calculated based on the required grade, packing, quantity and current freight to the requested port.