Argus Americas Asphalt Methodology and Specifications Guide

This document is a methodology and specifications guide for Argus Americas Asphalt. It outlines the rationale behind Argus's methodologies, which aim to reflect market trading practices and provide reliable price assessments for asphalt. The guide details the assessment process, including the criteria for inclusion of deals based on volume, delivery, timing, and specifications. It describes the survey process, highlighting how Argus collects market data from various participants, including producers and consumers. The document explains the importance of transaction data and outlines the verification process for ensuring data integrity. It also discusses the assessment guidelines used when transaction information is insufficient, emphasizing the application of judgment and widely accepted valuation metrics. The guide serves as a comprehensive resource for understanding how Argus evaluates market prices and maintains the quality of its assessments.