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 5

Bitumen Price Articles

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Positive Sentiment Running in Markets
Positive Sentiment Running in Markets

Time to read: 30 second

Writer: Shirin Yousefi

Export Under PressureBrent Crude oil has finally risen above 85 $ for the first time since September 2023. WTI has also broken through 80 $. Bullish sentiment is dominating the markets. The bullishness happened because of rising demand outlooks, and supply restraints. The weakening dollar is setting an easier set for the increase of commodities....

2024/03/19

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Signs of Optimism on the Horizon
Signs of Optimism on the Horizon

Time to read: 1 minutes

Writer: Shirin Yousefi

Rising sea freight rates and fierce market competition are worrying exporters and importers globally.In his recent remarks, President Joe Biden openly criticized the performance of Israeli Prime Minister Benjamin Netanyahu, condemning his disregard for “innocent lives” as detrimental to Israel. Biden announced plans for the US military to establish a pier off the coast of...

2024/03/17

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Traders Waiting for Interest Rate Cut and War Fate
Traders Waiting for Interest Rate Cut and War Fate

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Political and Economic TensionsBitumen market is struggling along with crude oil. Oil prices are still flatline since bullish and bearish factors are counterbalancing. Brent is keeping below 85 USD. The most important dominators are political and economic issues. US Central Bank is now more certain about the inflation. According to Jerome Powell, interest rate cut...

2024/03/12

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Encouraging Economic Indicators in China and the United States

Time to read: 1 minutes

Writer: Shirin Yousefi

Iran’s export market is facing challenging times due to increasing marine transportation costs, container shortages, worsening weather conditions in the Persian Gulf, and irregular vessel schedules. Following Donald Trump’s significant win on Super Tuesday 2024, it became evident that Joe Biden would emerge as his primary rival in the upcoming US presidential election, causing the...

2024/03/10

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Increasing Rates in Asia, Africa, and Europe
Increasing Rates in Asia, Africa, and Europe

Time to read: 1 minutes

Writer: Mahnaz Golmohammadian

Is It the Beginning of the Rising Trend?Bitumen had another rising week in most regions. The changes are slight but it heads upward. India increased rates by 3 USD on 1 March. Singapore and Europe experienced some improvements in bitumen markets. Crude Oil: Oil ended February with the rangebound movement and it didn’t get the...

2024/03/05

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Intense Export Demands Strain Iran’s Market
Intense Export Demands Strain Iran’s Market

Time to read: 1 minutes

Writer: Shirin Yousefi

Iran faces rising export pressure and disruptions in vessel schedules due to adverse weather conditions.The 7th Gas Exporting Countries Forum (GECF) Summit takes place in Algeria amidst shifts in the global energy market dynamics due to geopolitical events worldwide. Recent conflicts such as Israel’s Gaza war and ongoing Houthi attacks on commercial vessels in the...

2024/03/03

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Slight Movements in Most Markets
Slight Movements in Most Markets

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Emerging Effects of Middle East TensionsThe Bitumen market almost kept the slow movements and trends that it had for the last two weeks in most markets. In most regions, we had an increase including Europe, Africa, and East Asia. Bitumen rates were almost unchanged in the west of Asia but it might be temporary due...

2024/02/27

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The Bitumen Price Ascendancy Continues
The Bitumen Price Ascendancy Continues

Time to read: 1 minutes

Writer: Shirin Yousefi

Iran faces tough conditions as the New Year and Ramadan approach, with increased export pressure.The US vetoed the Algerian resolution calling for an immediate ceasefire between Gaza and Israel at the Security Council. The vote saw 13 in favor, 1 abstention (the UK), and the US voting against it, marking the third time the US...

2024/02/25

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Increasing Pressure of Freights and Uncertainty
Increasing Pressure of Freights and Uncertainty

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Shipping ConcernsShipping issues were already a real burden for exporters and importers and it is probably getting worse. The threat of container shortage is spreading and it will cause another increase in freights. Tensions of Red Sea are also troubling traders since they can’t use some routes as before. In addition to shipping issues, geopolitical...

2024/02/20

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