Bitumen 120/150 Hong Kong
Last updated: 2026-10-18
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Bitumen 120/150 Hong Kong: Direct Answer
Bitumen 120/150 in Hong Kong typically trades at USD 480–560 per metric ton (CIF Hong Kong) as of 2024–2025, with bulk shipments of 20–28 metric tons per 20ft container and lead times of 14–21 days from regional refineries in Singapore, South Korea, and the Middle East. This penetration grade—characterized by a penetration range of 120–150 dmm (0.1 mm at 25°C)—is widely specified for road maintenance, waterproofing membranes, and roofing applications across Hong Kong's humid subtropical climate.
Hong Kong's construction and infrastructure sector consumes an estimated 35,000–45,000 metric tons of penetration-grade bitumen annually, with 120/150 grade accounting for roughly 18–22% of that volume. Below is a structured breakdown of pricing, specifications, logistics, and sourcing considerations for buyers in Hong Kong.
1. What Is Bitumen 120/150 and Why Hong Kong Specifies It
Bitumen 120/150 is a soft-to-medium penetration grade classified under ASTM D946 / EN 12591 standards. It sits between 80/100 (harder) and 200/300 (softer) on the penetration scale, making it suitable for moderate-to-warm climates and flexible pavement applications.
| Property | Standard | Typical Value (120/150) |
|---|---|---|
| Penetration @ 25°C, 100g, 5s | ASTM D5 | 120–150 dmm |
| Softening Point (R&B) | ASTM D36 | 39–47°C |
| Flash Point (COC) | ASTM D92 | ≥ 220°C |
| Solubility in Trichloroethylene | ASTM D2042 | ≥ 99.0% |
| Viscosity @ 135°C | ASTM D4402 | 0.20–0.35 Pa·s |
| Density @ 25°C | ASTM D70 | 1.01–1.05 kg/L |
Why Hong Kong? Hong Kong's average annual temperature of 23.3°C and high humidity make softer grades like 120/150 ideal for crack sealing, chip sealing, and waterproofing. Stiffer grades (60/70) can become brittle in localized temperature swings, while 120/150 maintains flexibility for maintenance repaving and bridge deck waterproofing.
- Road maintenance: Used in fog seals and crack fillers where high penetration is required.
- Waterproofing: Common in torch-applied membranes for basements and podium decks.
- Roofing: Blended into roofing flux for built-up roofing systems.
- Prime coats: Diluted with cutter oils for tack and prime coat applications.
According to Hong Kong's Highways Department specifications, bituminous materials must comply with ASTM/EN standards, and 120/150 grade is frequently referenced in maintenance contracts for localized resurfacing on routes such as Route 3, Route 9, and New Territories connector roads.
2. Bitumen 120/150 Pricing in Hong Kong (2024–2025)
Pricing depends on origin, packaging, quantity, and Incoterms. Bulk vs. drum vs. IBC packaging changes landed cost by 8–15%.
| Origin / Packaging | Price Range (USD/MT) | Minimum Order (MT) | Lead Time (Days) |
|---|---|---|---|
| Singapore—bulk (bulk vessel) | 470–520 | 500+ | 10–14 |
| South Korea—bulk | 480–535 | 200–500 | 12–18 |
| Middle East (UAE)—bulk | 455–505 | 1,000+ | 18–25 |
| Singapore—steel drum (180 kg) | 510–560 | 20–28 (per 20ft) | 14–18 |
| South Korea—IBC (1 MT) | 520–575 | 20 (per 20ft) | 16–21 |
| China (mainland)—drum | 495–550 | 20–28 (per 20ft) | 7–12 |
Key pricing drivers:
- Crude oil correlation: Bitumen tracks Brent crude with a 0.7–0.85 correlation coefficient and a lag of 4–6 weeks. A USD 10/bbl move in Brent typically shifts bitumen prices by USD 25–35/MT.
- Freight to Hong Kong: Approx. USD 18–30/MT from Singapore; USD 35–50/MT from the Middle East for FCL/cargo.
- Seasonal premium: Q3–Q4 (typhoon season buffer and year-end road works) sees 3–7% price premiums.
- Drum premiums: Steel drums add USD 40–55/MT vs. bulk due to container repositioning and drum costs of USD 12–18 per empty drum, often with drum return clauses.
Total landed cost example (20ft FCL, 28 MT):
| Cost Component | USD |
|---|---|
| Bitumen 120/150 (FOB Singapore, drums) | 13,720 (USD 490/MT) |
| Ocean freight to HK | 700 |
| Insurance (0.3%) | 45 |
| Import clearance & port handling | 350 |
| Landed cost | 14,815 (≈ USD 529/MT) |
Hong Kong imposes no import duty on bitumen and no VAT/GST, simplifying landed-cost calculations.
3. Import Compliance and Standards for Hong Kong
Hong Kong's free-trade status means no customs duty on bitumen, but compliance with safety, labeling, and environmental regulations is mandatory.
- Import/Export Declaration: Required via the Trade and Industry Department within 14 days of import; fee of HKD 1.5–2 per HKD 1,000 of value.
- MSDS (Material Safety Data Sheet): Must accompany every shipment, per GHS (Globally Harmonized System).
- Dangerous Goods (DG) Classification: Bitumen is generally not DG (flash point ≥ 220°C), but packaged products like cutbacks may be Class 3 flammables—check UN numbers.
- Marine Department regulations: Bulk vessel discharges require scheduling at designated berths (e.g., Kwai Chung, Tsing Yi).
- Environmental Protection Department (EPD): Storage and handling subject to Air Pollution Control Ordinance for VOC emissions if heated or cutback-blended.
- Highways Department / ArchSD acceptance: Bitumen for public works must meet materials acceptance testing (e.g., ASTM D946 compliance certificates + third-party lab testing at HOKLAS-accredited labs).
Common documentation set:
- Commercial invoice + packing list
- Bill of Lading
- Certificate of Analysis (COA) per batch
- MSDS
- Import declaration reference (provided by freight forwarder)
Compliance failure rates for first-time importers in Hong Kong are estimated at 5–8%, usually due to missing COA or MSDS.
4. Logistics: Shipping and Lead Times from Major Origins
Hong Kong's container terminals (Kwai Chung, Hong Kong Island, and Tuen Mun for river trade) offer weekly sailings from Singapore, Busan, and Jebel Ali.
| Route | Mode | Transit Time | Freight (USD/20ft) | Frequency |
|---|---|---|---|---|
| Singapore → Hong Kong | Container (FCL) | 4–7 days | 450–650 | 3–4x weekly |
| Busan → Hong Kong | Container (FCL) | 6–9 days | 550–750 | 2–3x weekly |
| Jebel Ali → Hong Kong | Container (FCL) | 12–18 days | 1,100–1,500 | 2x weekly |
| Zhuhai/Shenzhen → HK | River barge (bulk) | 1–2 days | 200–400/MT | Daily |
| Singapore → HK | Bulk vessel (5,000+ MT) | 6–10 days | 15–25/MT | Contract-dependent |
Lead-time breakdown (containerized):
- Order confirmation → production/filling at refinery: 5–10 days
- Port loading + sailing: 4–7 days
- Hong Kong port clearance + trucking to site: 2–4 days
- Total: 14–21 days (with 3–5 days buffer for weather/typhoon delays in Q3–Q4)
Storage in Hong Kong: Tank terminals at Tsing Yi, Kwai Chung, and Lamma Island offer heated bitumen storage, with capacity leasing rates of HKD 180–260/MT/month. For smaller volumes, warehouses in Yuen Long and Tuen Mun offer ambient warehouse space (with drum storage) at HKD 60–95/m²/month.
5. Sourcing Strategy: Drum vs. Bulk vs. Bulk Vessel
Choosing the right packaging depends on consumption volume, storage capacity, and project timeline.
| Parameter | Steel Drum | IBC | Bulk Tanker | Bulk Vessel |
|---|---|---|---|---|
| Quantity per shipment | 20–28 MT (FCL) | 20 MT (20×1 MT IBCs) | 20–25 MT (tanker) | 5,000–30,000 MT |
| Cost premium vs. bulk | +USD 40–55/MT | +USD 55–75/MT | +USD 25–40/MT | Baseline |
| Handling in HK | Forklift + drum heater | Pump-out | Pump-out to tank | Pump to terminal |
| Suited for | Small projects, maintenance | Medium projects | Bulk contractors | Importers/distributors |
| Drum/IBC return | Often 40–60% retrievable | Disposable (pallets) | N/A | N/A |
Recommended strategy for Hong Kong buyers:
- Annual consumption < 1,000 MT: Buy drum/IBC from regional suppliers via freight forwarders; no wharf bulk infrastructure needed.
- 1,000–10,000 MT/year: Combine bulk vessel imports with local terminal storage; negotiate CIF + storage contracts.
- >10,000 MT/year: Direct bulk vessel charter or long-term supply contract with refiner; typical contracts priced at Platts/KPC price plus USD 25–40 premium for HK delivery.
Supplier landscape: Major refiners serving Hong Kong include Shell (Bukom, Singapore), SK Energy (Ulsan), S-Oil (Onsan), ADNOC (Ruwais), and Chinese suppliers (SINOPEC, PetroChina). Chinese suppliers offer competitive pricing (5–10% lower) with 7–12 day lead times via river trade.
FAQ: Bitumen 120/150 Hong Kong
What is the current price of bitumen 120/150 in Hong Kong?
As of 2024–2025, bitumen 120/150 CIF Hong Kong ranges from USD 470–560 per metric ton for bulk, and USD 510–575/MT packaged in drums or IBCs. Final pricing depends on origin, order size, and Incoterms.
How long does shipping from Singapore take?
Container shipments from Singapore to Hong Kong typically take 4–7 days in transit, with total lead times of 14–21 days including production, port handling, and clearance. Weekly sailings make Singapore the fastest steady-source option.
Does Hong Kong charge import duty on bitumen?
No. Hong Kong is a free port and charges zero import duty and zero VAT/GST on bitumen. Only a small trade declaration fee (HKD 1.5–2 per HKD 1,000 value) applies, filed within 14 days.
What standards does bitumen 120/150 need to meet for Hong Kong road works?
For public projects, materials must comply with ASTM D946 or EN 12591 and be accepted by the Highways Department, often requiring HOKLAS-accredited lab testing and a batch-specific Certificate of Analysis (COA) at delivery.
What's the difference between drum and bulk delivery for 120/150?
Drums are suited for small-to-medium projects (20–28 MT per container) with cost premiums of USD 40–55/MT, while bulk vessel deliveries (5,000+ MT) are cheapest per ton but require heated tank terminal storage in Hong Kong, typically leased at HKD 180–260/MT/month.
Calculate Your Bitumen 120/150 Hong Kong Landed Cost — Free
Getting an accurate landed cost before you commit can save 5–12% per container. Use the 6Tar Cost Calculator to instantly model:
- Crude-linked base price with lag adjustment
- Freight, insurance, and port handling by origin (Singapore, South Korea, Middle East, mainland China)
- Packaging premiums for drums, IBCs, and bulk
- Storage and terminal costs at HK facilities
- Total landed USD/MT and per-container totals
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