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19 Mar 2025

13:22

Bitumen 60/70

324$

+

-

3$

Iran - Bulk

-2.8%
Bitumen 60/70

402$

+

-

3$

Iran - New Steel Drum

-0.7%
Bitumen 60/70

402$

+

-

3$

Iran - New Steel Drum

-0.7%
Bitumen 60/70

377$

+

-

3$

Iran - Jumbo Bag

-0.8%
Bitumen 60/70

367$

+

-

3$

Iran - Flexitank

-1.1%
Bitumen VG10

397$

+

-

3$

Iran - New Steel Drum

0%
Bitumen VG30

397$

+

-

3$

Iran - New Steel Drum

0%
Bitumen VG40

399$

+

-

3$

Iran - New Steel Drum

-0.3%
Bitumen C170

402$

+

-

3$

Iran - New Steel Drum

0.2%
Bitumen C320

399$

+

-

3$

Iran - New Steel Drum

-0.3%
Bitumen AH70

394$

+

-

3$

Iran - Jumbo Bag

-0.5%
Bitumen PG 76-10

407$

+

-

3$

Iran - New Steel Drum

-1.0%
Bitumen 200/300

399$

+

-

3$

Iran - New Steel Drum

-0.3%
Bitumen Oxidized 115/15

358$

+

-

2$

Iran - Carton 25KG

-1.4%
Bitumen Oxidized 105/15

358$

+

-

3$

Iran - Carton 25KG

-1.4%
Bitumen Oxidized 85/25

358$

+

-

3$

Iran - Carton 25KG

-1.4%
Bitumen Oxidized 95/25

360$

+

-

3$

Iran - Carton 25KG

-1.7%
Bitumen Emulsion CRS-1

494$

+

-

5$

Iran - Reconditioned Drum

-2.2%
Bitumen Emulsion K1-60

528$

+

-

5$

Iran - Reconditioned Drum

-2.1%
Bitumen Emulsion CRS-2

541$

+

-

5$

Iran - Reconditioned Drum

-2.0%
Bitumen Cutback MC70

615$

+

-

5$

Iran - Reconditioned Drum

-1.8%
Bitumen Cutback MC30

625$

+

-

5$

Iran - Reconditioned Drum

-1.8%
Bitumen Cutback MC250

595$

+

-

5$

Iran - Reconditioned Drum

-1.8%
HSFO CST 180

444$

+

-

5$

Iran - Bulk

0%
HSFO CST 380

434$

+

-

5$

Iran - Bulk

0%
HSFO CST 180

465$

+

-

5$

Singapore - Bulk

0%
HSFO CST 380

456$

+

-

5$

Singapore - Bulk

0%
Crude Oil Dubai

69$

+

-

5$

United Arab Emirates - Bulk

0%
Crude oil WTI

66$

+

-

5$

United States - Bulk

0%
Crude Oil brent

72$

+

-

5$

United Kingdom - Bulk

0%

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European Bitumen Prices Shift as US-Canada Tariff Approaches

European Bitumen Prices Shift as US-Canada Tariff Approaches

UK Truck Prices Drop Domestic truck prices in the UK are dropping at £460-475 per ton delivered, following new agreements between buyers and sellers for March supplies. Market participants reported a wide price range, with some deals as low as £448 per ton and others reaching £481 per ton. This price variation reflects fluctuating demand...

Publish Date: 2025/03/18

Ramadan Slows Bitumen Demand Across West Asia

Ramadan Slows Bitumen Demand Across West Asia

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

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

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

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

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

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

How Geopolitics Are Shaping the Middle East's Bitumen Market

How Geopolitics Are Shaping the Middle East’s Bitumen Market

Malaysia The Lunar New Year Holiday was the first reason for Malaysia’s decrease in demand. Temporarily, Many construction companies have paused since they are on an extended break, and this situation will continue until March. Because of these holidays, there is expected to be lower demand in the next week. Indonesia Public holidays from 27...

Publish Date: 2025/01/28