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13 Mar 2025

15:07

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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Increase in Prices are Highly Expected

Increase in Prices are Highly Expected

Time to read: 1 minutes

Writer: Shirin Yousefi

In Iran, despite heavy pressure on exporters, refinery competition is minimal and prices have remained stable.Israel’s national security adviser to the prime minister indicated that the Gaza conflict might extend throughout 2024, amidst severe humanitarian crises in Gaza and widespread global protests. As international concern grows over Gaza’s dire conditions, Russia has renewed its offensive...

Publish Date: 2024/06/02

Mixed Price Trend in the World

Mixed Price Trend in the World

Time to read: 1 minutes

Writer: Shirin Yousefi

US dollar devaluation in Iran led to the surge in bitumen prices, in spite of insignificant competition among the Iranian refineries and stability in oil prices.Despite warnings from Europe and America, Israel’s conflict with Hamas has intensified in populated areas. On Wednesday, the European Union urged Israel to halt its offensive in Rafah immediately, warning...

Publish Date: 2024/05/19

Demand Keeps Increasing in The Middle East

Demand Keeps Increasing in The Middle East

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Slow Improvement of MarketsOil prices became a concern for traders but it started the week with a few improvements. Brent price is still in the range of $ 82 – $ 84 and WTI is staying above $ 78. The US Department of Energy has decided to refill a part SPR with WTI at $...

Publish Date: 2024/05/14

Confusion Runs While Oil Directions Settle

Confusion Runs While Oil Directions Settle

Time to read: 1 minutes

Writer: Shirin Yousefi

Iran’s prices held steady despite a 12% increase in vacuum bottom prices, as refinery competition remained low.Last week, Putin secured his fifth term as Russia’s president and justified Russia’s conflict with Ukraine. The US threatened to halt military aid to Israel unless they ceased attacks on Rafah. Peace talks between Israel and Hamas continued with...

Publish Date: 2024/05/12

Lower Geopolitical Tension in Markets

Lower Geopolitical Tension in Markets

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Bitumen Rising TrendOil prices decreased by about 7 $ last week due to some possibilities for a lower tension in the Middle East. Talks started in Cairo for Gaza truce and it brought the possibility. Negotiators have not announced any success yet. Bitumen makret had several increases in East Asia. Singapore and South Korea raised...

Publish Date: 2024/05/07

Oil Price Detour and Bitumen Twist in the Market

Time to read: 1 minutes

Writer: Shirin Yousefi

The base price of Iran bitumen is set to increase on May 5th. Its correlation with the direction of oil prices will be closely observed.For the sixth consecutive time, the Federal Reserve opted to maintain the interest rate unchanged. Officials emphasized that as the progress in inflation control has plateaued in the United States, the...

Publish Date: 2024/05/05

Positive Sentiment Is Dominating

Positive Sentiment Is Dominating

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Where is price going?Bitumen price was increasing in different regions such as Europe, Africa, and East Asia. On Friday, Singapore rates suddenly increased by 15 $. North Korea also had a 10 $ jump. The Middle East rates have a great pressure to follow an uptrend but clients are still looking for old prices.Oil markets...

Publish Date: 2024/04/30

Slower Pace of Growth in Markets

Slower Pace of Growth in Markets

Time to read: 30 second

Writer: Shirin Yousefi

Is the Tension Over?Market started falling last week because it was unsure about a response from Israel. After several explosions in Iran, Brent recovered above 87. Crude and petroleum products slowed down the changes as they were wondering about the tensions in the Middle East. Two countries haven’t specified any plans to continue the attacks...

Publish Date: 2024/04/23

Price inflation & Market volatility

Price inflation & Market volatility

Time to read: 2 minutes

Writer: Shirin Yousefi

Despite facing various challenges in Iran, such as heavy rain and storms in Bandar Abbas, the Persian Gulf, and the UAE, as well as slow port operations, the price of bitumen continued to rise.Traditionally, the relationship between oil prices and the geopolitical situation in the Middle East has been direct. However, this time, the oil...

Publish Date: 2024/04/21