13 Mar 2025

23:55

  • 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 6

Bitumen Price Articles

Sort by:

Demand Increasing By Witnessing Higher Prices
Demand Increasing By Witnessing Higher Prices

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Exchange Rates Strong competition in the bitumen industry and the strengthening Rial against the dollar led to higher prices last week. Although these two factors were crucially effective on the price, they were not the only positive variables. Supply and demand are also turning in favour of the In the Middle East, one of the...

2023/07/26

Read More
Strategies for Minimizing Supply Pressure and Meeting the Demands
Strategies for Minimizing Supply Pressure and Meeting the Demands

Time to read: 1 minutes

Writer: Shirin Yousefi

Storage of crude oil and petrol decreased in America last week, indicating a positive outlook in the oil market, according to analyst John Ivans.The outlook for the oil market appears to be turning positive, despite the uncertainty surrounding supply pressures and worries about the demands of the market. According to John Ivans of PVM Institute,...

2023/07/23

Read More
Bullish Sentiment of Market Goes Further
Bullish Sentiment of Market Goes Further

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Middle East Price Increase In the last 3 weeks, bitumen prices in the Middle East have increased in several different phases. Competition on the vacuum bottom price is the main reason for this rise but we can’t neglect the effect of changes in dollar and dirham exchange rates. Crude oil sharp increase last week also...

2023/07/18

Read More
The Impact of Oil Price Increase on Deals
The Impact of Oil Price Increase on Deals

Time to read: 1 minutes

Writer: Shirin Yousefi

Oil prices rose on concerns of decreased demand and global economic weakness.On friday, July 14, oil prices rose in the deals of the day due to expectations of a decrease in demand from the world’s largest oil exporters, as well as concerns about global economic weakness that could lead to a decrease in demand. DBS...

2023/07/16

Read More
The Middle East Prices Increased Drastically
The Middle East Prices Increased Drastically

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Crude growth As was expected last week, demand in the Middle East continues rising and it is putting more pressure on bitumen prices. It is happening while other varieties are also pushing the prices higher. The USD exchange rate against Rial is decreasing and it has caused several spikes in vacuum bottom rates and eventually...

2023/07/11

Read More
Exploring the Dynamics of Oil Prices in Iran
Exploring the Dynamics of Oil Prices in Iran

Time to read: 1 minutes

Writer: Mahnaz Golmohammadian

Iran’s oil prices remain stable, but competition between refineries has increased, leading to a rise in vacuum bottom prices.The Shanghai Cooperation Organization (SCO) has extended its membership to Iran for the first time in 15 years. In the past week, Iran officially joined the SCO. The total gross domestic product (GDP) of the SCO members...

2023/07/09

Read More
Gradually Rising Prices in the Middle East
Gradually Rising Prices in the Middle East

Time to read: 1 minutes

Writer: Mahnaz Golmohammadian

Freights at the Lowest Bitumen increased last week after a long time of falling. The competition in Iran is leading the prices and the sentiment of the market a bit positive. The market participants in the country are expecting more coming rises as they are now forced to buy vacuum bottoms at a higher rate...

2023/07/04

Read More
Stable Days in the Market: What’s Driving the Market?
Stable Days in the Market: What’s Driving the Market?

Time to read: 1 minutes

Writer: Shirin Yousefi

The recent events, including Prime Minister Modi’s visit to Washington, highlight the importance of regional relationships.Over the past week, the world has witnessed a number of events that should be examined in the long term. The most prominent of these is the visit to Washington by Prime Minister Narendra Modi of India. The relationship between...

2023/07/02

Read More
Things On Edge Again
Things On Edge Again

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Economic Slowdown The Bitumen market was very suspicious about its next movement since it couldn’t decide how to react to the market’s fluctuations. In Singapore and Korea, they tried to keep things almost steady. In the Middle East, the condition was even worse because the region faced sudden dollar exchange volatilities and observed many ups...

2023/06/27

Read More