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  2. Commodities
  3. Bitumen Spot Price

Bitumen Spot Price

Commodity Information for Bitumen (BIT)

Value: 3,944.00
Change:  -43.00 (-1.08%)
Units: CNY/t
High: 3,973.00
Low: 3,944.00
Category: Industrials
Bitumen Live PriceLast checked at -

6 Month Bitumen Chart

Symbol COM:BIT
Value 3,944.00
Daily Change -43.00
Currency CNY
Units t
Daily % Change -1.08%
Weekly % Change -0.48%
Monthly % Change -7.85%
Yearly % Change 10.38%
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About Bitumen

Bitumen, also known as asphalt, is a viscous, black hydrocarbon substance derived from crude oil refining or natural deposits. It serves as a key commodity in the construction industry, primarily used in road paving and roofing materials. Bitumen's adhesive and waterproofing properties make it ideal for creating durable road surfaces and weather-resistant roofing materials. Major producers include Canada, Venezuela, and the Middle East.

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