Understanding Asphalt prices
Raw materials and production
Bitumen is a heavy petroleum-derived binder obtained from suitable refining streams. Grades differ in performance characteristics and intended use. It is distinct from asphalt mixtures, which combine binder with aggregates and other components.
Applications and consumption
Road construction and maintenance consume bitumen, while waterproofing and roofing use selected products. The binder contributes adhesion and durability in the finished material. Seasonal construction activity can change demand without an equivalent change in refinery output.
What affects Asphalt prices?
Crude feedstock, refinery production, road-project schedules and shipping influence bitumen prices. Grade and temperature-related handling affect delivery costs. A bulk binder quotation does not include every mixing, paving or installation expense in a completed road project.
How to read Asphalt price today
This page follows Asphalt in China. The price type is Spot assessment, with values expressed in CNY/t. Compare quotations only after matching the product specification, unit, market and publication period. Changes in the chart describe the recorded series; they do not measure every transaction in the wider market. A local purchase may include freight, processing, taxes or dealer margins. Differences in quality or delivery conditions can therefore produce a different final cost even when the reference price is unchanged.
The latest dated observation is the reference available on this page. Trading holidays or publication delays can leave the displayed date earlier than today; this is not a live tick feed.
Further reading: USGS — commodity statistics and information ↗
Frequently asked questions about Asphalt
What is Asphalt price today?
The latest available value is 6,100.00 CNY/t, for 10/16/2026. It represents Spot assessment. Check the displayed period and market before treating it as a quotation for a purchase today. The latest dated observation is the reference available on this page. Trading holidays or publication delays can leave the displayed date earlier than today; this is not a live tick feed.
What affects Asphalt prices?
Crude feedstock, refinery production, road-project schedules and shipping influence bitumen prices. Grade and temperature-related handling affect delivery costs. A bulk binder quotation does not include every mixing, paving or installation expense in a completed road project.
What is Asphalt used for in everyday life and industry?
Road construction and maintenance consume bitumen, while waterproofing and roofing use selected products. The binder contributes adhesion and durability in the finished material. Seasonal construction activity can change demand without an equivalent change in refinery output.
Why can local Asphalt prices differ from this chart?
Local offers may include delivery, processing, taxes and commercial margins. Differences in quality, product form, market and contract timing can also change the price. Compare the same specification and unit before drawing conclusions.
Where can I compare historical Asphalt prices?
Use the price chart and dated history table on this page, or download the CSV. Choose a period and keep the market, product and units consistent. Missing publication dates are not filled with invented observations.