Bitumen
About bitumen
Bitumen also known as asphalt, is a viscous and sticky black or dark brown material that is derived from crude oil. It is a complex hydrocarbon that consists of a mixture of various organic compounds. Bitumen is a critical component in the production of asphalt for road construction, as well as for waterproofing materials, roofing, and other industrial applications.
It is often mixed with aggregates, such as gravel and sand, to create asphalt concrete. And then used to pave roads, parking lots, and other surfaces. Bitumen is also used as a binder in the production of asphalt shingles, which are commonly used for roofing.
Hedging bitumen
Fluctuations in the price of bitumen can have a significant impact on companies that use bitumen in their operations, as well as on producers and suppliers of bitumen. Bitumen hedging is a way to manage these risks by using financial instruments.
Bitumen hedging can be complex. It requires expertise in financial instruments and the bitumen market. Bitumen hedging is an important tool for companies to manage the risks associated with fluctuations in the price of bitumen, helping to ensure stability and predictability in their operations.
Let us secure your bottom line
We are ready to assist with risk management of all kinds of energy products and services, so if your company’s budget is affected by energy price fluctuations, don’t hesitate to contact us!