13 Mar 2025

19:26

  • 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 2024 Page 4

Bitumen Price Articles

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Middle East Tensions Cause More Rising Potential
Middle East Tensions Cause More Rising Potential

Time to read: 30 second

Writer: Shirin Yousefi

Tensions Between Iran and IsraelOn Saturday, Iran launched hundreds of missiles at Israel in response to the destruction of the Damascus Embassy by Israel. Due to a possible war, the general market idea was about a great impact from tensions. However, the market didn’t react vigorously to the events. Oil and Gold, therefore, had not...

2024/04/16

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Mounting Security Anxieties in the Middle East
Mounting Security Anxieties in the Middle East

Time to read: 1 minutes

Writer: Shirin Yousefi

Despite the escalating tensions between Iran and Israel and the fluctuations in currency exchange rates, the market’s attention on competition and the risks in the Middle East suggests that prices will continue to rise Over the past week, the majority of international commodity markets saw an increase in prices, partly due to anticipation of a...

2024/04/14

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$90 Oil Making Markets More Bullish
$90 Oil Making Markets More Bullish

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Crude Oil Causing More BullishnessOil surged above $ 90 in the first week of April. Bitumen and petroleum markets are all looking up to high prices of oil Brent and WTI. Geopolitical tensions in the Middle East are expanding and it is bringing fear and uncertainty to markets. If disputes continue in the region, oil...

2024/04/09

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Mixed Price Trend in the World
Mixed Price Trends in the Market

Time to read: 1 minutes

Writer: Shirin Yousefi

Despite the vacuum bottom price increase in Iran, the bitumen market remained inactive due to market fluctuations and low competition. In the past week, as tensions eased between Iran and Israel in the Middle East, regional issues have become less predictable. The ceasefire status between Israel and Hamas remains unclear after six months, and tension...

2024/04/08

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Inflationary Pressures and Crude Oil Surge Impact on Global Markets
Inflationary Pressures and Crude Oil Surge Impact on Global Markets

Time to read: 1 minutes

Writer: Shirin Yousefi

Bitumen prices in Iran are under pressure due to the US dollar’s rapid appreciation against the Iranian Rial, despite a base price increase of 8.5%. This has led to reduced competition among refineries for purchasing vacuum bottoms.The inflation rate in the Eurozone decreased to a level that was less anticipated by economists last month, increasing...

2024/04/07

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Crude Oil Increase Leading to Demand Growth
Crude Oil Increase Leading to Demand Growth

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Rising Crude Oil Injects Positive Sentiment Bitumen markets almost had a rising trend last week. The positive sentiment is because of crude oil movements to surpass $ 80. Brent, at the time of writing this report, is $ 88.65 and the buying pressure is rapidly rising. With a higher possibility of seeing $ 90 oil,...

2024/04/02

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Emerging Catalysts Driving Bitumen Price Surge
Emerging Catalysts Driving Bitumen Price Surge

Time to read: 1 minutes

Writer: Shirin Yousefi

In Iran, recent developments in bitumen pricing reflect a notable uptick, influenced by a combination of factors including increased operational costs and production expenses during the ongoing New Year holiday.According to Oil Price’s report, there’s a growing optimism in the oil market, with $90 Brent becoming increasingly plausible. Despite ongoing demand uncertainty, factors such as...

2024/03/31

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Oil Growth Increasing Positive Movements in Petroleum Products
Oil Growth Increasing Positive Movements in Petroleum Products

Time to read: 30 second

Writer: Shirin Yousefi

Positive Trends In Different MarketsPetroleum and its sub-products had a bullish week in most regions. Brent could jump above $ 85 for the first time since November last year. WTI also closed above $ 80. The positive attitude is still strong due to the constructive demand outlook. Bahrain, after weeks of keeping rates unchanged, increased...

2024/03/26

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Bitumen Markets Amidst Crude Oil’s Shadow
Bitumen Markets Amidst Crude Oil’s Shadow

Time to read: 1 minutes

Writer: Shirin Yousefi

Iran’s bitumen prices paused during the New Year holiday but are expected to rise due to changes in vacuum bottom prices.The US Secretary of State embarked on a diplomatic mission to the Middle East aimed at brokering proposals for the security management of Gaza post-war. Emphasizing the pursuit of a sustainable peace framework, his discussions...

2024/03/24

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