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13 Mar 2025

05:33

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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Ramadan Slows Bitumen Demand Across West Asia

Ramadan Slows Bitumen Demand Across West Asia

Time to read: 2 minutes

Writer: Shakila Khalesro

Singapore Prices Hold Despite Oil Drop Last week, bitumen prices and April loading offers were in the $435 to $440 range FOB Singapore. Market participants declare that the sharp decrease in HSFO and crude prices has not directly impacted regional prices, but in some sectors, it has weighed on bids from Southeast Asian customers. Steady...

Publish Date: 2025/03/11

Challenges Persist in African Bitumen Markets

Time to read: 1 minutes

Writer: Shakila Khalesro

West Africa’s Price Dip A significant decrease in Mediterranean HSFO prices and a decline in Brent crude oil prices affected prices for import cargoes to West African destinations. At this time of year, construction activity and bitumen imports were still sluggish. By the way, a number of deliveries were made to West African terminals. Nigeria’s...

Publish Date: 2025/03/04

Bitumen Market Faces Shifting Demand Across Middle East

Bitumen Market Faces Shifting Demand Across Middle East

Time to read: 2 minutes

Writer: Shakila Khalesro

Singapore Bitumen Prices Rise Bitumen prices in Singapore increased this week due to a lack of production. One major oil company might face delays in February and March because of the shortage of bitumen suppliers in Singapore. This week, prices for Singapore cargoes mainly were at $435-440 per ton FOB. Major refineries in Singapore had...

Publish Date: 2025/02/25

European Bitumen Market Struggles Budget Cuts

European Bitumen Market Struggles Budget Cuts

Time to read: 2 minutes

Writer: Shakila Khalesro

UK & Ireland: No Shipments, No Activity As the weather continues to be cold and it frequently rains in parts of the country, UK domestic prices were unchanged at $592-605 per ton. These factors negatively affected activity and demand for bitumen. No shipments were indicated into Irish terminals during the week ending 14 February. Stable...

Publish Date: 2025/02/18

Bitumen Prices Rise through Post-Holiday Demand and Hot Weather Boost

Bitumen Prices Rise through Post-Holiday Demand and Hot Weather

Time to read: 2 minutes

Writer: Shakila Khalesro

Singapore Bitumen Prices Rise Despite Low Demand Despite slow regional consumption last week, bitumen prices in Singapore rose. According to some market participants, March production volumes in one refinery may be reduced. The sold volumes price for March-loading cargoes was $420-435 per ton FOB Singapore. Prices for February-loading cargoes were $436-455 per ton FOB Singapore,...

Publish Date: 2025/02/11

Africa’s Bitumen Prices Drop Amid Global Shifts

Time to read: 1 minutes

Writer: Shakila Khalesro

East Africa’s Bitumen Slump Regional bitumen import prices decreased due to the following reasons: Weak demand for Iranian bulk bitumen, lower prices of bulk and drum Iran bitumen, shrinking vacuum bottom (VB) feedstock prices in Iran, and the Iranian Rial getting weaker against the US dollar. The freight rates of drummed bitumen from Bandar Abbas/...

Publish Date: 2025/02/05

European Bitumen Prices Raise During Winter

European Bitumen Prices Raise During Winter

Time to read: 1 minutes

Writer: Shakila Khalesro

Rising Costs in the UK and Falling Bitumen Demand After the recent huge HSFO price rise, UK truck price estimations were raised by $ 10.38 per ton. Bitumen demand fell in the UK in 2024’s winter; consumption fell more than 10 % compared to the same period in 2023. Stable Market in Netherlands and Belgium...

Publish Date: 2025/01/21

Bitumen Price Forecast 2025

Time to read: 1 minutes

Writer: Shakila Khalesro

Based on a Reuters survey in October 2024, Concerns about demand from China, visions of higher supply from key producers, and easing geopolitical risks might affect the oil price in 2025. Forty economists and analysts participated in this survey. On average, they predicted Brent crude would be $76.61 per barrel in 2025. The interview predicted...

Publish Date: 2025/01/14

Holiday Slowdown and Strategic Outlook for Early 2025

Time to read: 1 minutes

Writer: Shakila Khalesro

Slow Construction & low Demand in West Africa Construction activity was generally slow in West Africa and significantly slow in Nigeria. The Nigerian government’s switch to concrete for new road and highway projects was closely monitored in the region for any drop in bitumen demand. The Lagos-Calabar Project, a 700 km highway in Nigeria, has...

Publish Date: 2025/01/07