ResearchIndustry Insights2026-10-18
Bitumen Down: Construction Window Tightens, Refinery Runs Cap Upside
Bitumen futures at ¥4,454/t, down 0.36%; road construction season entering final phase—daily avg. temp expected to fall below optimal paving range post-Oct 20; major refiners’ bitumen run rate remains subdued; social inventory drawdown has slowed—the slowest in 8 weeks.