bitumen price list 2020

Bitumen Price List 2020

Latest New Steel Drum Bitumen Price 2020

Months1st Week2nd Week 3rd Week 4th Week
January260-280260-280265-275290-300
February285-305285-305275-295270-285
March270-285265-280230-245220-235
April 190-200180-190160-170160-170
May 170-180180-190190-200200-215
June220-230250-260235-242 235-245
July230-240235-245230-240230-240
August240-250245-255248-258258-268
September263-271245-250235-243235-245
October 225-235  225-235220-230221-231
November232-242237-247280-285285-290
December292-297305-315300-314308-318

Latest Bulk Bitumen Price 2020

Months1st Week2nd Week 3rd Week 4th Week
January220-240210-230220-240220-240
February225-245225-245220-240215-230
March215-230205-215170-190160-170
April130-135120-130110-120110-120
May115-125120-130130-140140-155
June 150-165170-180155-165 155-165
July170-180175-185170-180170-180
August180-190 185-195188-198198-208
September203-213190-200175-185175-185
October150-160 150-162150-161151-160
November162-172167-177210-215215-220
December222-227238-248238-249241-351
 

Latest Pasargad Embossed Bitumen Price 2020

Months1st Week2nd Week 3rd Week 4th Week
January275-295275-295280-290300-315
February295-305295-305285-300280-295
March280-295275-290245-255230-235
April205-215190-200170-180170-180
May 180-190190-200200-210210-220
June230-245260-270 245-255 245-255
July235-245245-255235-245235-245
August245-255250-260253-263263-273
September268-278255-265238-248238-248
October235-245 235-244 235-245230-240
November242-252247-257280-285285-290
December 222-227315-325313-326318-328
 

 

Latest Jey Embossed Bitumen Price 2020

Months1st Week2nd Week 3rd Week 4th Week
January275-295275-295280-290300-315
February295-305295-305285-300280-295
March280-295275-290245-255230-235
April 205-215190-200170-180170-180
May180-190190-200200-210210-220
June230-245260-270 245-255 245-255
July235-243245-255235-246235-245
August245-255250-260253-263263-273
September268-278255-265238-248238-248
October 235-245 235-244 235-247230-240
November242-252247-257280-285285-290
December 292-297305-315303-314318-328

Since bitumen price list 2020

Bitumen price list 2020 is important for all the buyers, suppliers,

and market analysts, we have provided our readers with a comprehensive bitumen price list 2020. As a result, you can compare and contrast the

bitumen prices in each period and you can see the fluctuations as simple

as a piece of cake. Moreover, we have brought the latest pieces of news

that are about the recent bitumen and oil prices and the reasons and variables. So, stay with us, as you will find our articles helpful.

Variables of the bitumen price list 2020

Generally speaking, lack of balance in supply and demand in the global oil

market along with the occurrence of geopolitical events and reduced

economic growth of major oil-consuming countries are effective factors

in reducing oil prices. Oil prices rose slightly in September last year after

drones attacked the Aramco refinery. It’s good to know that earlier last

year, insecurity and attacks on oil tankers in the Strait of Hormuz were the

major cause of oil price fluctuations. With the start of the New Year and

the outbreak of the Coronavirus, the global oil market experienced a

new fluctuation, the amplitude of which is becoming more pronounced day by day.

Coronavirus and declining Chinese oil demand

As a matter of fact, China imported 506 million tons of oil last year, or

10.12 million barrels per day. The country’s daily consumption compared to

2018 was about It had increased by 882,000 barrels per day. Besides,

China’s LNG imports last year increased by 31.9% compared to 2018 to

96.56 million tons. To be more specific, the outbreak of the Coronavirus

in early January slowed the country’s economic growth, because of which

the energy demand also decreased due to the existence of a surplus in the

oil market, oil prices gradually declined. The fall in oil prices has made the

issue of the impact of the Coronavirus on the oil market a major topic

of discussion at the recent OPEC meeting.

Unsuccessful OPEC meeting, another variable

Respectively, the 178th OPEC Summit ended with OPEC members and

Russia failing to agree on a reduction in oil production. Before the summit,

Russia had agreed to reduce oil production, but only if it slowed by

OPEC members and Russia maintained its current production. The

disagreement between Saudi Arabia and Russia caused oil prices to fall

again immediately after the summit. In other words, OPEC could not

reach an agreement that Libya will not be able to produce more oil due to

the civil war if an agreement happens between the Siraj government and

General Haftar’s forces shortly and the country can move towards

production before the crisis and civil war.