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16 Apr 2025

21:31

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%

Bitumen Price Articles

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Christmas Calm in Southeast Asia’s Bitumen Market

Christmas Calm in Southeast Asia’s Bitumen Market

Time to read: 1 minutes

Writer: Shakila Khalesro

Stable Prices in Singapore Bitumen prices remained stable this week. One refinery almost sold out most bitumen volumes; however, offers for January were limited. Bitumen offers for January and February were preserved at $ 430 per ton. Monsoon in Malaysia Slows Demand Most road construction and maintenance projects in Malaysia were completed before the holidays,...

Publish Date: 2024/12/31

Santa’s Icy Pause in European Bitumen Markets

Santa’s Icy Pause in European Bitumen Markets

Time to read: 1 minutes

Writer: Shakila Khalesro

Holiday Dip in the UK Market Bitumen demand is sinking continuously due to the holiday period. Domestic UK truck prices stayed unchanged at 563-582 $ after downward monthly revisions for December supplies versus November values. Stable Prices Across France Domestic truck prices in France were stable at 534-550 $ in the northern and central regions...

Publish Date: 2024/12/24

A Week of Market's Silence Across Africa

A Week of Market’s Silence Across Africa

Time to read: 1 minutes

Writer: Shakila Khalesro

Nigeria’s Demand DeclinesGeneral demand levels, especially in Nigeria, have been low due to the holiday season. Some of Nigeria’s leading bitumen suppliers pointed to a poor start in the dry season while construction activity rates and bitumen requirements increased. Despite the festive season, the Nigerian government’s relentless push to switch to concrete from asphalt for...

Publish Date: 2024/12/17

Global Market Reactions to Trump’s Victory

Global Market Reactions to Trump’s Victory

Time to read: 1 minutes

Writer: Shirin Yousefi

Trump’s return has driven strong demand for vacuum bottom in Iran, raising bitumen prices to a 16-month high. This trend may continue through 2024, especially if Iran-Israel tensions rise. The most significant news of the week was Donald Trump’s victory in the U.S. presidential election, marking his second term as president. This win is a...

Publish Date: 2024/11/11

Bitumen Prices Surge Despite Falling Crude Oil

Bitumen Prices Surge Despite Falling Crude Oil

Time to read: 1 minutes

Writer: Shirin Yousefi

Bitumen prices in Iran have reached record highs for 2024, driven primarily by internal factors such as currency devaluation, refinery competition, and a vacuum bottom shortage. On October 26, just past midnight, Israel launched a retaliatory airstrike against Iran. In response, Iran urgently requested a United Nations session, affirming its right to retaliate. Simultaneously, Israel...

Publish Date: 2024/11/03

Uplift in Bitumen Prices Among Global Producers

Uplift in Bitumen Prices Among Global Producers

Time to read: 1 minutes

Writer: Shirin Yousefi

Bitumen prices have risen significantly due to tensions between Iran and Israel, fluctuations in the Iranian Rial, and a 23% shortage of vacuum bottom. On the anniversary of October 7, Israel intensified its attacks in southern Lebanon and the Gaza Strip. Despite widespread global opposition to these actions, Israel remains engaged in conflict. The rising...

Publish Date: 2024/10/14

Middle East Tensions Drive Spike in Bitumen Prices

Middle East Tensions Drive Spike in Bitumen Prices

Time to read: 1 minutes

Writer: Shirin Yousefi

Bitumen prices in Iran have significantly increased due to recent political changes and a shortage of vacuum bottom supply. Following the assassination of a Hezbollah leader and an Iranian general in Israeli airstrikes, Iran retaliated by launching over 200 ballistic missiles at Israel on October 1. These missiles were tracked by the U.S., the U.K.,...

Publish Date: 2024/10/07

Emerging Cyber Conflict in the Middle East and Possible Price Fluctuations

Time to read: 1 minutes

Writer: Shirin Yousefi

In Iran, bitumen production faces shortages of vacuum bottom and containers, with exports strained by logistical issues and fluctuating oil prices. The explosion of hundreds of pagers in Lebanon has triggered a new wave of attacks against Hezbollah, attributed to Israel. Meanwhile, during his first press conference, Iran’s president claimed that Israel is attempting to...

Publish Date: 2024/09/23

A Sharp Plunge in Crude Oil Prices

A Sharp Plunge in Crude Oil Prices

Time to read: 1 minutes

Writer: Shirin Yousefi

In India, bitumen prices declined early September, with more drops expected later. In Iran, prices remain steady due to holidays but are likely to follow oil trends afterward. On Tuesday, September 3, just two days after the discovery of six Israeli hostages’ bodies, large-scale protests erupted across Israel, targeting Prime Minister Netanyahu. Protesters accused him...

Publish Date: 2024/09/08