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 5

Bitumen Price Articles

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Global oil and bitumen fluctuations and the customers resistance this week
Global oil and bitumen fluctuations and the customers resistance this week

Time to read: 1 minutes

Writer: Shirin Yousefi

Global markets await interest rate decisions and the outcome of the Jackson Hole meeting could impact financial and energy markets. On Saturday, the Euro fell to its lowest level of value since mid-June, possibly due to the European Central Bank considering halting interest rate hikes soon. Meanwhile, the Dollar also paused its movement ahead of...

2023/08/27

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Economic Condition Uncertainty Flares Up
Economic Condition Uncertainty Flares Up

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Concerns of Supply and Demand Bitumen markets faced an uneven situation in most parts of the world. In Europe, the prices decreased compared to last week. Asia Bitumen prices in Korea and Singapore rose up and uncertainties got back to the markets in the Middle East. Traders can’t guess the direction due to these sudden...

2023/08/22

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China’s Economic Worries & Dollar Strength vs. Oil Price Dip in the Market
China’s Economic Worries & Dollar Strength vs. Oil Price Dip in the Market

Time to read: 1 minutes

Writer: Shirin Yousefi

After seven weeks of continuous growth in oil prices, there was a decrease last week. This decline was due to worries about the slow improvements in China’s economy and the increase in the value of the US dollarFollowing a series of seven weeks of oil price increases, there was a decline last week due to...

2023/08/20

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Markets Face a Dilemma
Markets Face a Dilemma

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Confusion Arises After a month and a half of constant increase in crude oil and dependent markets, the atmosphere is now reflecting a sense of confusion and uncertainty. Crude oil is stalling at the historic level of $ 86 and the market direction is not clear right now. Since crude oil entered the 85 dollars...

2023/08/15

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The significant surge in the average rate of competition for Vacuum Bottom
The significant surge in the average rate of competition for Vacuum Bottom

Time to read: 1 minutes

Writer: Shirin Yousefi

The vacuum bottom competition in Iran is 50% and the exchange rate between the US dollar and the Iranian Rial indicates an upward trendUS consumer inflation has increased in July, according to the U.S. Department of Labor, with the consumer price index rising by 0.2 percent from June to reach an annual rate of 3.2%....

2023/08/13

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Are All Things Set For A New Jump?
Are All Things Set For A New Jump?

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Stronger Market Hot competition in the Middle East over vacuum bottom continues leading to higher prices in the region. Interestingly, the prices didn’t give up the growth even though some traders decided to deny the reality that the rates are going up. At the moment, market participants prefer to make their purchases sooner than new...

2023/08/08

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Plans to Reclaim Lost Market Share in August 2023
Plans to Reclaim Lost Market Share in August 2023

Time to read: 1 minutes

Writer: Shirin Yousefi

Saudi may increase production to recover lost market share. Petrol and gasoline prices in America increased due to shut-down refineries, peak demand, and low stockpiles.On Friday, the Chinese Foreign Ministry announced that the country’s Commercial Attache for Eurasian Affairs will be departing for international negotiations on a negotiated solution to the Ukraine War. The Ministry’s...

2023/08/06

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Sustaining Bullishness In Crude and Petrochemicals
Sustaining Bullishness In Crude and Petrochemicals

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Quick Growth The Bitumen market is lively more than ever in the last 3 months despite several traders believing it would have been a temporary trend. It is about 3 weeks that bitumen is set to increase and it is surprising market participants. Other petrochemicals, such as base oil, recycle base oil, and paraffin, had...

2023/08/01

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Iran Refineries Compete for Vacuum Bottom Purchases as the Monsoon ends
Iran Refineries Compete for Vacuum Bottom Purchases as the Monsoon ends

Time to read: 1 minutes

Writer: Shirin Yousefi

The US Federal Reserve raised interest rates to contain inflation. Inflation in the US is decreasing, while in the Eurozone, it has dropped to its lowest level in 16 months.The Federal Reserve of the United States raised interest rates to their highest level in two decades on July 26, in an effort to contain inflation....

2023/07/30

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