{"id":49883,"date":"2025-05-15T02:00:00","date_gmt":"2025-05-15T02:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2025\/05\/15\/infinity-galaxy-analyzes-trumps-tariff-earthquake-in-the-global-bitumen-market\/"},"modified":"2025-05-15T02:00:00","modified_gmt":"2025-05-15T02:00:00","slug":"infinity-galaxy-analyzes-trumps-tariff-earthquake-in-the-global-bitumen-market","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2025\/05\/15\/infinity-galaxy-analyzes-trumps-tariff-earthquake-in-the-global-bitumen-market\/","title":{"rendered":"Infinity Galaxy Analyzes Trump\u2019s Tariff Earthquake In the Global Bitumen Market"},"content":{"rendered":"

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DUBAI, UAE –
\nMedia 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>
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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%.\n<\/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.\n<\/p>\n

In South Korea, bitumen prices decreased from about $425\/t to $395\/t.\n<\/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.\n<\/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.\n<\/p>\n

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Tariffs Opened Africa’s Gates<\/b>
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\nThe 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.\n<\/p>\n

Europe’s Prices Light Dip Amid Global Shocks<\/b>
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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.\n<\/p>\n

Global Bitumen Market’s Shifts<\/b>
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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%.\n<\/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.\n<\/p>\n

As these conditions persist, the global bitumen market is expected to undergo further volatility and adjustments throughout 2025.\n<\/p>\n

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