08 Dec 2025

01:44

  • Bitumen 60/70

    384$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    0.5%

  • Bitumen 60/70

    384$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    0.5%

  • Bitumen 60/70

    364$

    +

    -

    3$

    FOB Bandar Abbas - Jumbo Bag

    0.5%

  • Bitumen 60/70

    357$

    +

    -

    3$

    FOB Bandar Abbas - Flexitank

    0.6%

  • Bitumen VG10

    375$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    0.5%

  • Bitumen VG30

    376$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    0.5%

  • Bitumen VG40

    378$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    0.5%

  • Bitumen C170

    379$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    0.5%

  • Bitumen C320

    378$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    0.5%

  • Bitumen AH70

    368$

    +

    -

    3$

    FOB Bandar Abbas - Jumbo Bag

    0.5%

  • Bitumen PG 76-10

    556$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    0.4%

  • Bitumen 200/300

    374$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    0.5%

  • Bitumen Oxidized 115/15

    376$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    0.5%

  • Bitumen Oxidized 105/15

    338$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    0.6%

  • Bitumen Oxidized 85/25

    340$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    0.6%

  • Bitumen Oxidized 95/25

    340$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    0.6%

  • Bitumen Emulsion CRS-1

    522$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0.4%

  • Bitumen Emulsion K1-60

    522$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0.4%

  • Bitumen Emulsion CRS-2

    565$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0.4%

  • Bitumen Cutback MC70

    576$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0.3%

  • Bitumen Cutback MC30

    591$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0.3%

  • Bitumen Cutback MC250

    562$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    0.4%

  • HSFO CST 180

    316$

    +

    -

    5$

    FOB Bandar Abbas - Bulk

    2.2%

  • HSFO CST 380

    309$

    +

    -

    5$

    FOB Bandar Abbas - Bulk

    1.6%

  • HSFO CST 180

    346$

    +

    -

    5$

    FOB Singapore - Bulk

    1.7%

  • HSFO CST 380

    340$

    +

    -

    5$

    FOB Singapore - Bulk

    1.8%

  • Crude Oil Dubai

    62.46$

    +

    -

    5$

    FOB UAE - Bulk

    1.1%

  • Crude Oil WTI

    59.96$

    +

    -

    5$

    Texas - Bulk

    0.7%

  • Crude Oil Brent

    63.66$

    +

    -

    5$

    London - Bulk

    0.7%

Home Bitumen Reports 2023

Bitumen Price Articles

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2023 Closed with a Tough Downturn in the Bitumen Market
2023 Closed with a Tough Downturn in the Bitumen Market

Time to read: 1 minutes

Writer: Shirin Yousefi

Frequent notices from shipping lines at Jebel Ali spiked shipping costs, posing challenges for Iranian suppliers and exportersLast week, Houthi missile strikes persisted on commercial vessels, prompting the dispatch of naval warships from various nations to the Red Sea to safeguard the area. Simultaneously, tensions escalated among other Middle Eastern countries. Additionally, in Qaza, the...

2023/12/31

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The Burden of Freight Increase and Shipping Obstacles
The Burden of Freight Increase and Shipping Obstacles

Time to read: 1 minutes

Writer: Mozhdeh Darbandizadeh

Higher Freight Costs The Christmas holidays are coming and market participants are busy with their new year activities. Interestingly, bitumen and petroleum products trades are not totally off since some traders believe that the prices are magnificent at this oil price. Orders are coming from East Asia and several parts of Africa ahead of their...

2023/12/26

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Shipping Freights May Escalate the Future Crude Oil Prices
Shipping Freights May Escalate the Future Crude Oil Prices

Time to read: 1 minutes

Writer: Shirin Yousefi

The Red Sea’s Suez Canal is key for global shipping, handling 12-15% of worldwide transport. Due to recent events, shipping costs spiked with uncertainty looming over whether this could push crude oil prices past $80.The recent attacks by Yemen’s Houthi group on commercial ships in the Red Sea have heightened concerns regarding a potential increase...

2023/12/24

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Inconsistency Between Demand and Supply
Inconsistency Between Demand and Supply

Time to read: 30 second

Writer: Mozhdeh Darbandizadeh

A Slight Growth All petroleum products are hesitant due to crude oil fluctuations and the inconsistency between demand and supply. Brent crude oil is currently fluctuating in the range of 71 to 79. We are entering the Christmas Holidays and markets will be off for about 1 week. It is possible to see sideways and...

2023/12/19

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The Threat of a Sudden Crash in Crude Oil
The Threat of a Sudden Crash in Crude Oil

Time to read: 1 minutes

Writer: Shirin Yousefi

India’s reports hint at a decline in demand, possibly leading to a fourth consecutive price decrease by mid-December.The ongoing conflict between Israel and Hamas, which began on October 7, continues in its most violent phase. President Biden has openly criticized Israel, but the situation in the region remains unchanged. Recently, on December 12, Yemen’s Houthi...

2023/12/17

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Fears of Economic Tensions Controlling Markets
Fears of Economic Tensions Controlling Markets

Time to read: 30 second

Writer: Mozhdeh Darbandizadeh

Sudden Price Fall Petroleum and its sub-products experienced a sudden drop last week while the market didn’t expect it in the last month of the year. Reports on supply and demand were the main incentives for the fall. Projections of 2024 demand are not very promising since experts believe that China and several other countries...

2023/12/12

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Intense Financial Confusion at the End of 2023
Intense Financial Confusion at the End of 2023

Time to read: 1 minutes

Writer: Shirin Yousefi

Tensions in the Middle East and OPEC+’s choice to cut production could not stop a decline in crude oil pricesVladimir Putin, Russia’s president, made sudden trips to the United Arab Emirates and Saudi Arabia. His agenda seems to involve discussions on the Ukraine and Qaza conflicts, alongside oil production matters, particularly negotiating with UAE’s leader...

2023/12/10

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Decision Contrary in Petroleum Products Markets
Decision Contrary in Petroleum Products Markets

Time to read: 30 second

Writer: Mozhdeh Darbandizadeh

Slow Movements As we entered the last month of 2023, commodities and most markets turned out to be slow and almost stagnant. Usually, December doesn’t have any distinctive movement, instead, the markets experience sideways. Bitumen had an absolutely tight connection with crude oil in the last couple of weeks and it caused a lot of...

2023/12/03

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Positive Momentum in Crude Oil Prices and Prospects for Market Upturn
Positive Momentum in Crude Oil Prices and Prospects for Market Upturn

Time to read: 1 minutes

Writer: Shirin Yousefi

Following Tuesday’s devaluation of the US dollar against the Iranian Rial, Iranian suppliers received substantial buyer inquiries, indicating an anticipated surge in market competition in the coming weekThe temporary ceasefire between Israel and Hamas, ongoing since last Friday, has facilitated the release of captives but hasn’t notably alleviated humanitarian or economic challenges. Concurrently, crude oil...

2023/12/02

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