05 Jan 2026

11:24

  • Bitumen 60/70

    372$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    -0.5%

  • Bitumen 60/70

    372$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    -0.5%

  • Bitumen 60/70

    352$

    +

    -

    3$

    FOB Bandar Abbas - Jumbo Bag

    -0.6%

  • Bitumen 60/70

    430$

    +

    -

    3$

    FOB Bandar Abbas - Flexitank

    21.4%

  • Bitumen VG10

    363$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    -0.6%

  • Bitumen VG30

    364$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    -0.5%

  • Bitumen VG40

    366$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    -0.5%

  • Bitumen C170

    367$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    -0.5%

  • Bitumen C320

    366$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    -0.5%

  • Bitumen AH70

    356$

    +

    -

    3$

    FOB Bandar Abbas - Jumbo Bag

    -0.6%

  • Bitumen PG 76-10

    544$

    +

    -

    3$

    FOB Bandar Abbas - New Steel Drum

    -0.4%

  • Bitumen 200/300

    362$

    +

    -

    2$

    FOB Bandar Abbas - New Steel Drum

    -0.6%

  • Bitumen Oxidized 115/15

    364$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    -0.5%

  • Bitumen Oxidized 105/15

    326$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    -0.6%

  • Bitumen Oxidized 85/25

    328$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    -0.6%

  • Bitumen Oxidized 95/25

    328$

    +

    -

    2$

    FOB Bandar Abbas - Carton 25KG

    -0.6%

  • Bitumen Emulsion CRS-1

    510$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    -0.4%

  • Bitumen Emulsion K1-60

    510$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    -0.4%

  • Bitumen Emulsion CRS-2

    553$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    -0.4%

  • Bitumen Cutback MC70

    564$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    -0.4%

  • Bitumen Cutback MC30

    579$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    -0.3%

  • Bitumen Cutback MC250

    550$

    +

    -

    5$

    FOB Bandar Abbas - Reconditioned Drum

    -0.4%

  • HSFO CST 180

    316$

    +

    -

    5$

    FOB Bandar Abbas - Bulk

    -0.3%

  • HSFO CST 380

    313$

    +

    -

    5$

    FOB Bandar Abbas - Bulk

    -0.6%

  • HSFO CST 180

    340$

    +

    -

    5$

    FOB Singapore - Bulk

    -0.6%

  • HSFO CST 380

    337$

    +

    -

    5$

    FOB Singapore - Bulk

    -0.9%

  • Crude Oil Dubai

    59.83$

    +

    -

    5$

    FOB UAE - Bulk

    -0.6%

  • Crude Oil WTI

    57.22$

    +

    -

    5$

    Texas - Bulk

    -0.3%

  • Crude Oil Brent

    60.71$

    +

    -

    5$

    London - Bulk

    -0.3%

Increasing Pressure of Freights and Uncertainty

Mozhdeh Darbandizadeh

Publish Date: 2024/02/20

Share Report
Increasing Pressure of Freights and Uncertainty

Shipping Concerns
Shipping 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 tensions from the two expanding wars of Ukraine-Russia and Israel-Hamas are increasing the risks. Even Europe is now warning about the Ghaza war and its risks.

In the Middle East, the new steel drum bitumen was in the range of $ 360 – $ 365 and the bulk bitumen was in the range of $ 280 – $ 285. The bulk of Singapore is volatile in the range of $ 430 – $ 435 and South Korea is currently $ 410 – $ 415. Bahrain bulk recorded 360 USD at the end of the year.

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