13 Mar 2025

19:23

  • Bitumen 60/70

    333$

    +

    -

    3$

    Iran - Bulk

    3.3%

  • Bitumen 60/70

    405$

    +

    -

    3$

    Iran - New Steel Drum

    2.7%

  • Bitumen 60/70

    405$

    +

    -

    3$

    Iran - New Steel Drum

    2.7%

  • Bitumen 60/70

    380$

    +

    -

    3$

    Iran - Jumbo Bag

    2.9%

  • Bitumen 60/70

    371$

    +

    -

    3$

    Iran - Flexitank

    3.0%

  • Bitumen VG10

    397$

    +

    -

    3$

    Iran - New Steel Drum

    2.8%

  • Bitumen VG30

    397$

    +

    -

    3$

    Iran - New Steel Drum

    2.8%

  • Bitumen VG40

    400$

    +

    -

    3$

    Iran - New Steel Drum

    2.8%

  • Bitumen C170

    401$

    +

    -

    3$

    Iran - New Steel Drum

    2.7%

  • Bitumen C320

    400$

    +

    -

    3$

    Iran - New Steel Drum

    2.8%

  • Bitumen AH70

    396$

    +

    -

    3$

    Iran - Jumbo Bag

    2.8%

  • Bitumen PG 76-10

    411$

    +

    -

    3$

    Iran - New Steel Drum

    2.7%

  • Bitumen 200/300

    400$

    +

    -

    3$

    Iran - New Steel Drum

    2.8%

  • Bitumen Oxidized 115/15

    363$

    +

    -

    2$

    Iran - Carton 25KG

    3.0%

  • Bitumen Oxidized 105/15

    363$

    +

    -

    3$

    Iran - Carton 25KG

    3.0%

  • Bitumen Oxidized 85/25

    363$

    +

    -

    3$

    Iran - Carton 25KG

    3.0%

  • Bitumen Oxidized 95/25

    366$

    +

    -

    3$

    Iran - Carton 25KG

    3.0%

  • Bitumen Emulsion CRS-1

    505$

    +

    -

    5$

    Iran - Reconditioned Drum

    2.2%

  • Bitumen Emulsion K1-60

    539$

    +

    -

    5$

    Iran - Reconditioned Drum

    2.0%

  • Bitumen Emulsion CRS-2

    552$

    +

    -

    5$

    Iran - Reconditioned Drum

    2.0%

  • Bitumen Cutback MC70

    626$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.8%

  • Bitumen Cutback MC30

    636$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.7%

  • Bitumen Cutback MC250

    606$

    +

    -

    5$

    Iran - Reconditioned Drum

    1.8%

  • HSFO CST 180

    439$

    +

    -

    5$

    Iran - Bulk

    -0.5%

  • HSFO CST 380

    436$

    +

    -

    5$

    Iran - Bulk

    0%

  • HSFO CST 180

    460$

    +

    -

    5$

    Singapore - Bulk

    -0.2%

  • HSFO CST 380

    457$

    +

    -

    5$

    Singapore - Bulk

    0%

  • Crude Oil Dubai

    69$

    +

    -

    5$

    United Arab Emirates - Bulk

    1.4%

  • Crude oil WTI

    67$

    +

    -

    5$

    United States - Bulk

    1.5%

  • Crude Oil brent

    72$

    +

    -

    5$

    United Kingdom - Bulk

    0%

Home Bitumen Reports 2023 Page 4

Bitumen Price Articles

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Crude and Petroleum Products Rising Simultaneously
Crude and Petroleum Products Rising Simultaneously

Time to read: 30 second

Writer: Mahnaz Golmohammadian

New Regulations Increasing prices are still surprising market participants. In the Middle East, new regulations are hitting the market. New tax regulation has put suppliers under pressure; therefore, it is inevitably increasing the prices. To be more specific, the market may face a hard situation on the supply side. Besides the local restricting factors, crude...

2023/09/26

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Continuous Escalation in Global Bitumen Prices
Continuous Escalation in Global Bitumen Prices

Time to read: 1 minutes

Writer: Shirin Yousefi

Oil prices rose above 94 USD per barrel in 2023, driven by reduced production in Russia and Saudi Arabia, alongside increased Chinese demand.The price of oil, following a reduction in production by Russia and Saudi Arabia and an increase in demand from China, surpassed 94 USD per barrel for the first time in 2023 and...

2023/09/24

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Buyers Excitement Rising With Crude Oil Growth
Buyers Excitement Rising With Crude Oil Growth

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Demand Flow The market trend is still bullish and the price is growing on a daily basis. Although the bitumen season started in August, demand in the last two weeks increased hugely. The flow of demand coming from Africa and East Asia is getting stronger and it might cause a shortage of containers for several...

2023/09/19

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Bitumen Prices Rally and Competition Growth in Iran’s Bitumen Market
Bitumen Prices Rally and Competition Growth in Iran’s Bitumen Market

Time to read: 1 minutes

Writer: Shirin Yousefi

Iran experienced a substantial 38% price surge in vacuum bottom following pricing adjustments last week. Refinery competition also increased by around 3%.Last week, India hosted the G20 Summit in New Delhi, where a statement was issued addressing the Ukraine war without directly blaming Russia, but notably, Presidents Putin and Xi Jinping were absent. Among the...

2023/09/17

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Strong Moves of the Price in Bitumen Season
Strong Moves of the Price in Bitumen Season

Time to read: 30 second

Writer: Mahnaz Golmohammadian

New Flow of Demand Bitumen season started in September but it didn’t have any prominent movement until last week. Petrochemicals markets look to be finding their way and suppliers are showing new price growths with sudden demand flow. Singapore had a constant increase in bitumen prices last week and Korea is likely to increase as...

2023/09/12

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Surge in Crude Oil Prices vs. the Manufacturers Competition
Surge in Crude Oil Prices vs. the Manufacturers Competition

Time to read: 2 minutes

Writer: Shirin Yousefi

Expect bitumen prices to rise across all markets due to container shortages, the conclusion of the monsoon season in most regions, soaring crude oil prices, and heightened competition among manufacturers.On September 6th, once more, the price of oil rose during Asian trading due to concerns in the market about a supply shortage caused by Saudi...

2023/09/10

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Sudden Increasing Pulse Coming Into the Market
Sudden Increasing Pulse Coming Into the Market

Time to read: 30 second

Writer: Mahnaz Golmohammadian

A New Rising Trend There was a market twist last week. While there were whispers about a possible drop, prices suddenly showed a potential to increase. This sudden potential has uncertain market participants because they were expecting a lower price for their purchase but the move was the opposite. Singapore’s bitumen price increased by 25...

2023/09/05

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Political Tensions VS Bitumen Price Variations in September
Political Tensions VS Bitumen Price Variations in September

Time to read: 1 minutes

Writer: Shirin Yousefi

Russia, Ukraine, North Korea, and Gabon have been involved in various conflicts.Over the past week, Russia and Ukraine escalated their drone and missile attacks against each other, while North Korea fired two missiles simulating an atomic attack on South Korea. In Gabon, coup plotters appointed a new leader, and there’s uncertainty about how these political...

2023/09/03

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Prices Are Stimulating for Beginning of the Season
Prices Are Stimulating for Beginning of the Season

Time to read: 1 minutes

Writer: Shirin Yousefi

Stagnation It is the onset of bitumen season in most regions since the rainy weather is going off and projects are starting again. Yet, the bitumen markets in the Middle East are not as lively as last year at the same time. Market participants seem to be unable to make up their minds on their...

2023/08/29

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