19 Mar 2025

07:36

  • 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%

Lower Geopolitical Tension in Markets

Mahnaz Golmohammadian

Publish Date: 2024/05/07

Share Report
Lower Geopolitical Tension in Markets

Bitumen Rising Trend
Oil prices decreased by about 7 $ last week due to some possibilities for a lower tension in the Middle East. Talks started in Cairo for Gaza truce and it brought the possibility. Negotiators have not announced any success yet.

Bitumen makret had several increases in East Asia. Singapore and South Korea raised their rates. Bahrain also increased the price by 50 USD after a long-term stability. In Iran, prices stayed unchanged despite 12 % competition over VB. European markets also have a uptrend.

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 $ 440 – $ 445 and South Korea is currently $ 415 – $ 420. Bahrain bulk stayed at 380 USD.

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