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13 Mar 2025

15:05

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%

Bitumen Price Articles

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Challenges in the Middle East Amid Global Concerns

Challenges in the Middle East Amid Global Concerns

Time to read: 1 minutes

Writer: Shirin Yousefi

Bitumen prices in Iran are stable, but exports are complicated by global recession fears and port congestion. In a recent phone call between U.S. President Joe Biden and Israeli Prime Minister Benjamin Netanyahu, Biden emphasized the urgent need for an immediate ceasefire in Gaza and progress on agreements for the release of hostages. Meanwhile, tensions...

Publish Date: 2024/08/25

Oil Prices Spike Due to U.S. Economic Recovery and Regional Turmoil

Time to read: 2 minutes

Writer: Shirin Yousefi

Bitumen prices in Iran have increased due to refinery competition, heat waves in the Persian Gulf, reduced port hours, and congestion at key ports. Potential regional tensions may push prices up further. In the past week, three European presidents voiced their concerns over the escalating tensions in the Middle East through a joint statement. They...

Publish Date: 2024/08/18

U.S. Economic Crises vs. the Middle East Tensions

U.S. Economic Crises vs. the Middle East Tensions

Time to read: 1 minutes

Writer: Shirin Yousefi

The price of vacuum bottom in Iran decreased by 7% on August 5 due to the rising dollar rate against the rial and concerns over regional crises; however, bitumen prices did not decline significantly. Efforts by the international community to de-escalate tensions between Iran and Israel in the Middle East have so far failed to...

Publish Date: 2024/08/11

The Upsurge Trend of Crude Oil

The Upsurge Trend of Crude Oil

Time to read: 1 minutes

Writer: Shirin Yousefi

In Iran, the new president began his term on July 31 and is set to introduce his cabinet soon. After the assassination of Ismail Haniyeh, the dollar-to-rial exchange rate increased, causing market uncertainty. The assassination of Hezbollah’s second-in-command at the Lebanon border and the simultaneous killing of the head of Hamas’s political bureau in Tehran...

Publish Date: 2024/08/04

Despite Concerns about Crude Oil Prices, Bitumen Has Surged

Despite Concerns about Crude Oil Prices, Bitumen Has Surged

Time to read: 1 minutes

Writer: Shirin Yousefi

The bitumen market in Iran is on the rise due to a 2.5% increase in the base price of vacuum bottom, significant growth of Middle East fuel, and rising domestic costs. On July 21, Joe Biden withdrew from the U.S. presidential election, and two days later, Kamala Harris was officially named the Democratic candidate. AXIOS...

Publish Date: 2024/07/28

Key Market Forces Supporting Crude Oil and Bitumen Trends

Key Market Forces Supporting Crude Oil and Bitumen Trends

Time to read: 1 minutes

Writer: Shirin Yousefi

After months of stability, bitumen prices in Iran are rising due to higher costs and a weaker US dollar. The unsuccessful assassination attempt on Donald Trump and the subsequent increase in his chances of winning the next U.S. presidential election have led to a sustained uptrend in commodity markets over the past week. Amid the...

Publish Date: 2024/07/21

Political Shifts Worldwide and Increasing Oil and Bitumen Prices

Political Shifts Worldwide and Increasing Oil and Bitumen Prices

Time to read: 1 minutes

Writer: Shirin Yousefi

Iran’s market recorded over 60,000 vacuum bottom sales with 4% competition among manufacturers. Despite export challenges, bitumen prices are rising.The first U.S. presidential debate occurred, and many viewed Trump as the winner. Subsequently, Democratic pressure on Biden to withdraw from the election intensified. Meanwhile, Iran’s run-off presidential election is scheduled for July 5. The candidates...

Publish Date: 2024/07/08

Rising Oil Demand and Resilient Bitumen Prices

Rising Oil Demand and Resilient Bitumen Prices

Time to read: 1 minutes

Writer: Shirin Yousefi

With less than 10 days until the presidential elections in Iran, bitumen prices are facing increased pressure due to election-related conditions and rising costs.During the past week, oil prices reached their highest level. Reuters attributes this surge to concerns over escalating tensions and their impact on oil demand, exacerbated by an unexpected increase in the...

Publish Date: 2024/06/23

Bitumen Prices Feeling the Heat as Crude Oil Experiences an Abrupt Drop

Bitumen Prices Feeling the Heat as Crude Oil Experiences an Abrupt Drop

Time to read: 1 minutes

Writer: Shirin Yousefi

In Iran, rising transportation and local costs are pressuring bitumen prices, challenging exporters amid falling oil prices.On Thursday, Putin cautioned the United States and the West that Russia can supply weapons to other nations to target these areas. This was in response to the U.S. and its allies allowing Ukraine to use their weapons to...

Publish Date: 2024/06/09