Bitumen markets in East and South Africa show varied trends. East African nations like Kenya, Uganda, and Ethiopia experience stable or rising demand driven by infrastructure projects, though trade financing challenges persist in Ethiopia. South Africa sees competitive pricing and rich highway project activity despite seasonal shifts, reflecting a dynamic regional market.
Weathering the Storm in West Africa
In West Africa, the beginning of the rainy season has brought regular rain, stopping construction activity and reducing demand for bitumen. Price fluctuations for cargoes have been rough, with crude and HSFO prices rising quickly.
Despite the slowdown, large shipments of bitumen continue to arrive at West African ports, with Nigerian terminals maintaining a steady insert of imports despite the wet weather. Consult with Bitumen Price experts to ensure your cargoes are delivered smoothly and efficiently.
Nigeria’s Rainy Days Slow Bitumen Flow
In Nigeria, the rainy season, which started in early to mid-June, has led to a consistent decline in bitumen demand as wet conditions persist. Suppliers report a noticeable drop in activity levels two to three weeks into the season, though import terminals continue to process incoming bitumen cargoes to meet ongoing needs.
East Africa’s Bitumen Boom
East African bitumen markets are increasing in import prices. Freight rates for drummed bitumen remain steady in Mombasa, Kenya, at $105-115/t, in Dar es Salaam, Tanzania, at $120-130/t, and in Djibouti, at $125-135/t. Check the Bitumen Price website to see world live prices at a glance.
Kenya’s Construction Engine Keeps Running
Kenya’s construction area of work remains strong, with strong demand for both bulk and drummed bitumen to support projects led by Chinese and other firms. Meanwhile, Uganda is witnessing a restart of road and highway construction, which had been slow for months, boosting regional bitumen requirements.
DRC’s Steady Bitumen Lifeline
The Democratic Republic of Congo (DRC) maintains a consistent supply of bitumen, with both bulk and drummed shipments arriving via truck from Kenya into eastern DRC, supporting ongoing infrastructure development.
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