Bitumen markets across north and central Europe turned less busy in late October as winter came closer. Despite crude driven increase in HSFO prices, most truck and cargo bitumen prices remained steady or softened slightly amid sufficient supply and limited road activity. Sanctions on Russian oil producers Lukoil and Rosneft added uncertainty, especially for southeast Europe, while refineries in Hungary and Germany continued to deal with recent disruptions.
Benelux, Demand Cooling, Prices Edge Down
In the Netherlands and Belgium, truck prices slipped by €2–3/t to €440–455/t. Construction activity remained moderate, but plants are expected to finish operations in November.Market attention also shifted to Rubis Asphalts expected control of Antwerp’s ATPC terminal from Vitol by early 2026 a sign of structural change in Europe’s supply chain.
Germany, Stable Prices, Softening Exports
Germany’s nationwide truck prices held at €398–409/t after last week’s drop. The Brunsbuettel refinery remains offline following an October fire, adding mild pressure on supply.
Exports to Poland are likely to decline in the coming weeks, though some buyers remain covered under fixed contracts. Overall demand is still weaker than 2024 levels.
Poland, Market Oversupply Deepens
Polish domestic prices fell by €15/t to €380–390/t as suppliers had a hard time with slow sales. Export prices to Germany also dropped to €365–380/t. With few new offers issued and winter coming to a close, oversupply is expected to continue through November.
Hungary & Romania, Refinery Fire Adds to Supply Concerns
A fire at MOL’s Százhalombatta refinery stopped truck exports to Romania, just as demand began improving due to government fund releases and better weather.
Hungarian domestic prices stood at €410–420/t, while exports to Romania declined to €385–395/t. Romanian construction companies are going fast to complete projects before mid November.
Czech Republic, Quiet Market, Stable Prices
Czech prices remained steady at €385–395/t domestically and €350–360/t for exports.
Exports to Slovakia have paused due to weak demand, increasing local availability.
France, Weather Slows Activity, Budget Uncertainty Weighs
Heavy rains across France reduced construction speed. Domestic truck prices were unchanged at €440–455/t.Political instability and delays in accepting the 2026 budget have raised concerns of reduced road funding and bitumen consumption next year.
UK & Ireland, Buyers Await Budget Clarity
UK truck prices were stable at £380–395/t. Buyers are awaiting the 26 November budget announcement to measure 2026 infrastructure spending.
Despite an active September, October slowed, and lower procurement volumes are expected under new term contracts.
Balkans, Supply Disruptions Continue
Serbia’s NIS refinery remains under U.S. sanctions, stopping exports and promoting imports instead. Bulgaria’s domestic truck prices moved slowly down to €381–388/t, reflecting weaker regional sentiment.
Nordics & Baltics, Seasonal Slowdown Underway
Demand in Nordic countries is fading as asphalt plants close for winter.
Orlen Lietuva is expected to go over 600,000t annual production, with 35,000t shipped to Ukraine this year.
Baltic cargoes to Nordic markets added up to about 20,000t in October, with pen 50/70 and 70/100 grades priced at €410/t ex-Mazeikiai.
Outlook
As Europe transitions into winter, regional demand will keep slower through November. Supply remains abundant, but sanctions related disruptions in Hungary, Serbia, and Bulgaria could tighten availability locally. Buyers focus has already shifted to 2026 term deals, while pricing discussions are expected to remain cautious amid economic uncertainty.
Bitumen Price In Europe
Updated Bitumen 60/70 Price in Europe
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