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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%

Bitumen Price Articles

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Sharp Disparity in Bitumen Price Growth

Sharp Disparity in Bitumen Price Growth

Time to read: 1 minutes

Writer: Shirin Yousefi

Bitumen prices in Iran kept rising gradually last week, despite currency market stability, a dip in the dollar against the Rial, and minimal competition among refineries in terms of VB.In the fourth month of heightened tensions in the Middle East, Israel initiated lethal air strikes on Lebanon in response to the death of an Israeli...

Publish Date: 2024/02/18

The Bitumen Price Faces Challenges

The Bitumen Price Faces Challenges

Time to read: 1 minutes

Writer: Shirin Yousefi

In Iran, bitumen prices experienced a positive shift following a surge in the VB base price. Iranian refineries are actively working to sustain this upward trend.On Wednesday, the United Nations Security Council issued a resolution urging the Houthi to cease their assaults on commercial vessels in the Red Sea promptly. The resolution also called for...

Publish Date: 2024/02/14

Prices On a Slight Upward Trend

Prices On a Slight Upward Trend

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Change of SentimentCrude oil has been shifting in sentiment due to the uncertainty of war in the Middle East and supply outlooks shortly. The US oil rigs decreased according to the new reports and Saudi order Aramco to keep the production unchanged. All these actions caused a bullish sentiment last week and it also affected...

Publish Date: 2024/02/13

Further Increment in Bitumen Price Trend

Further Increment in Bitumen Price Trend

Time to read: 1 minutes

Writer: Shirin Yousefi

In Iran last week, despite the dollar dropping from around 590,000 Rial to 550,000 Rial and a slight uptick in vacuum bottom prices, bitumen prices held steady amid 7.5% competition.After the US foreign minister’s visit to the Middle East and talks about a ceasefire in the Gaza Strip, crude oil prices stayed stable on February...

Publish Date: 2024/02/11

Fluctuations After News About Less Tensions and Exchange Rates

Fluctuations After News About Less Tensions and Exchange Rates

Time to read: 30 second

Writer: Mahnaz Golmohammadian

Will the Tensions Really Calm Down? Bitumen markets had lots of uncertainty last week since traders were confused by the sudden drop in oil. Exactly at the time that news was talking about higher oil prices, the bearish sentiment suddenly took over. Several events were responsible for the confusion: Talks about the possibility of a...

Publish Date: 2024/02/06

Complexities in Iran’s Bitumen Market Amid Economic and Regional Challenges

Complexities in Iran’s Bitumen Market Amid Economic and Regional Challenges

Time to read: 1 minutes

Writer: Shirin Yousefi

Iran faces significant challenges due to currency volatility and ongoing regional crises.An aerial strike in Jordan resulted in the deaths of three American soldiers, leading to heightened tensions in the Middle East and North Africa. The US decision to provide compensation for the attack raised concerns about the potential for a broader regional conflict, causing...

Publish Date: 2024/02/04

New Fears Heating Up Confusion

New Fears Heating Up Confusion

Time to read: 1 minutes

Writer: Mahnaz Golmohammadian

Difficulty in Making Decisions Likewise last several weeks, uncertainty and geopolitical tension have been the main leaders of petroleum-related markets. Oil, as the major component of the pricing in its subproducts, ended the week with 6% growth, the highest price since December 2023. The jump caused many market players to haste with their purchases to...

Publish Date: 2024/01/30

Confusion Rise in Petroleum Markets with Increasing Tensions

Confusion Rise in Petroleum Markets with Increasing Tensions

Time to read: 1 minutes

Writer: Mahnaz Golmohammadian

The Middle East Geopolitical Tensions Geopolitical tensions are still rising in the Middle East with Iran and Pakistan coming into the game. Iran attacked 3 spots in Pakistan, Syria and Iraq, last week. In return, Pakistan answered by launching an attack on the borders of Iran. Disputes are also heating up in Yemen and Syria...

Publish Date: 2024/01/23

Temporary Fall in the Energy Market

Temporary Fall in the Energy Market

Time to read: 1 minutes

Writer: Shirin Yousefi

The recent political events have heightened the complexity and critical nature of the Middle East situationOn the 100th day of the Israel-Qaza conflict, the area experienced intense aerial bombardments. Simultaneously, the Houthi targeted a different merchant vessel on Tuesday. In retaliation, the United States initiated a strike against certain Houthi positions in Yemen. Additionally, Iran...

Publish Date: 2024/01/21