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16 Apr 2025

22:20

Bitumen 60/70

324$

+

-

3$

Iran - Bulk

-1.5%
Bitumen 60/70

401$

+

-

3$

Iran - New Steel Drum

-0.2%
Bitumen 60/70

401$

+

-

3$

Iran - New Steel Drum

-0.2%
Bitumen 60/70

377$

+

-

3$

Iran - Jumbo Bag

0.8%
Bitumen 60/70

368$

+

-

3$

Iran - Flexitank

1.1%
Bitumen VG10

390$

+

-

3$

Iran - New Steel Drum

-1.0%
Bitumen VG30

390$

+

-

3$

Iran - New Steel Drum

-1.0%
Bitumen VG40

394$

+

-

3$

Iran - New Steel Drum

-0.8%
Bitumen C170

396$

+

-

3$

Iran - New Steel Drum

-1.0%
Bitumen C320

394$

+

-

3$

Iran - New Steel Drum

-0.8%
Bitumen AH70

386$

+

-

3$

Iran - Jumbo Bag

-1.0%
Bitumen PG 76-10

400$

+

-

3$

Iran - New Steel Drum

-1.0%
Bitumen 200/300

394$

+

-

3$

Iran - New Steel Drum

-0.8%
Bitumen Oxidized 115/15

364$

+

-

2$

Iran - Carton 25KG

1.6%
Bitumen Oxidized 105/15

364$

+

-

3$

Iran - Carton 25KG

1.6%
Bitumen Oxidized 85/25

364$

+

-

3$

Iran - Carton 25KG

1.6%
Bitumen Oxidized 95/25

366$

+

-

3$

Iran - Carton 25KG

1.6%
Bitumen Emulsion CRS-1

494$

+

-

5$

Iran - Reconditioned Drum

0%
Bitumen Emulsion K1-60

528$

+

-

5$

Iran - Reconditioned Drum

0%
Bitumen Emulsion CRS-2

541$

+

-

5$

Iran - Reconditioned Drum

0%
Bitumen Cutback MC70

615$

+

-

5$

Iran - Reconditioned Drum

0%
Bitumen Cutback MC30

625$

+

-

5$

Iran - Reconditioned Drum

0%
Bitumen Cutback MC250

595$

+

-

5$

Iran - Reconditioned Drum

0%
HSFO CST 180

409$

+

-

5$

Iran - Bulk

1.0%
HSFO CST 380

396$

+

-

5$

Iran - Bulk

1.3%
HSFO CST 180

430$

+

-

5$

Singapore - Bulk

0.7%
HSFO CST 380

417$

+

-

5$

Singapore - Bulk

1.0%
Crude Oil Dubai

63$

+

-

5$

United Arab Emirates - Bulk

0%
Crude Oil WTI

61$

+

-

5$

United States - Bulk

0%
Crude Oil brent

72$

+

-

5$

United Kingdom - Bulk

0%

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Europe’s Bitumen Struggles Severely Under New Tariffs

Europe’s Bitumen Struggles Severely Under New Tariffs

Stability through Funding Doubts in the UK While UK truck prices remained unchanged at $545 to 563 per ton, market insiders foresee a likely drop in future demand. The reason is a persistent lack of government investment in highway and road development projects. Demand Rises in France Truck prices in the north and centre remained...

Publish Date: 2025/04/15

Eid Holidays Push Bitumen Prices Down in West Asia

Eid Holidays Push Bitumen Prices Down in West Asia

Eid Break Slows Trading in Singapore Bitumen prices in Singapore edged lower as the market shifted toward May-loading cargoes. Weak demand during the Eid al-Fitr holidays and a dip in crude oil values pressured pricing, with offers at $430 per ton FOB Singapore, but buyers held back. Holidays and Delay Demand in Malaysia The Hari...

Publish Date: 2025/04/08

Bitumen Prices Rise in Africa Since Hijack Disrupts Trade

Bitumen Prices Rise in Africa Since Hijack Disrupts Trade

Price Increases and Security Risks in West Africa Bitumen cargo prices rose for the second week, following gains in crude and HSFO. However, security concerns increased after hijacking the Bitu River tanker in the Gulf of Guinea. While the vessel resumed operations by late March, the incident raised fears of supply disruptions, potentially preventing shipments...

Publish Date: 2025/04/01

Nowruz Brings New Disruptions to the Middle East

Nowruz Brings New Disruptions to the Middle East

Weak Demand and Falling Prices in Singapore Singapore’s bitumen market faced price losses as Southeast Asian demand dried up. Although production output remained stable, selling indications for April cargoes were at $430-440 per ton FOB Singapore, but market participants noted that offers above $440 per ton were no longer workable by the end of the...

Publish Date: 2025/03/25

European Bitumen Prices Shift as US-Canada Tariff Approaches

European Bitumen Prices Shift as US-Canada Tariff Approaches

UK Truck Prices Drop Domestic truck prices in the UK are dropping at £460-475 per ton delivered, following new agreements between buyers and sellers for March supplies. Market participants reported a wide price range, with some deals as low as £448 per ton and others reaching £481 per ton. This price variation reflects fluctuating demand...

Publish Date: 2025/03/18

Ramadan Slows Bitumen Demand Across West Asia

Ramadan Slows Bitumen Demand Across West Asia

Singapore Prices Hold Despite Oil Drop Last week, bitumen prices and April loading offers were in the $435 to $440 range FOB Singapore. Market participants declare that the sharp decrease in HSFO and crude prices has not directly impacted regional prices, but in some sectors, it has weighed on bids from Southeast Asian customers. Steady...

Publish Date: 2025/03/11

Challenges Persist in African Bitumen Markets

West Africa’s Price Dip A significant decrease in Mediterranean HSFO prices and a decline in Brent crude oil prices affected prices for import cargoes to West African destinations. At this time of year, construction activity and bitumen imports were still sluggish. By the way, a number of deliveries were made to West African terminals. Nigeria’s...

Publish Date: 2025/03/04

Bitumen Market Faces Shifting Demand Across Middle East

Bitumen Market Faces Shifting Demand Across Middle East

Singapore Bitumen Prices Rise Bitumen prices in Singapore increased this week due to a lack of production. One major oil company might face delays in February and March because of the shortage of bitumen suppliers in Singapore. This week, prices for Singapore cargoes mainly were at $435-440 per ton FOB. Major refineries in Singapore had...

Publish Date: 2025/02/25