02 Jun 2025

07:23

  • Bitumen 60/70

    344$

    +

    -

    3$

    Iran - Bulk

    0%

  • Bitumen 60/70

    402$

    +

    -

    3$

    Iran - New Steel Drum

    0%

  • Bitumen 60/70

    402$

    +

    -

    3$

    Iran - New Steel Drum

    0%

  • Bitumen 60/70

    386$

    +

    -

    3$

    Iran - Jumbo Bag

    0%

  • Bitumen 60/70

    374$

    +

    -

    3$

    Iran - Flexitank

    0%

  • Bitumen VG10

    396$

    +

    -

    3$

    Iran - New Steel Drum

    0%

  • Bitumen VG30

    396$

    +

    -

    3$

    Iran - New Steel Drum

    0%

  • Bitumen VG40

    399$

    +

    -

    3$

    Iran - New Steel Drum

    0%

  • Bitumen C170

    401$

    +

    -

    3$

    Iran - New Steel Drum

    0%

  • Bitumen C320

    399$

    +

    -

    3$

    Iran - New Steel Drum

    0%

  • Bitumen AH70

    393$

    +

    -

    3$

    Iran - Jumbo Bag

    0%

  • Bitumen PG 76-10

    403$

    +

    -

    2$

    Iran - New Steel Drum

    0%

  • Bitumen 200/300

    400$

    +

    -

    3$

    Iran - New Steel Drum

    0%

  • Bitumen Oxidized 115/15

    369$

    +

    -

    3$

    Iran - Carton 25KG

    0%

  • Bitumen Oxidized 105/15

    369$

    +

    -

    3$

    Iran - Carton 25KG

    0%

  • Bitumen Oxidized 85/25

    369$

    +

    -

    3$

    Iran - Carton 25KG

    0%

  • Bitumen Oxidized 95/25

    371$

    +

    -

    3$

    Iran - Carton 25KG

    0%

  • Bitumen Emulsion CRS-1

    494$

    +

    -

    5$

    Iran - Reconditioned Drum

    0%

  • Bitumen Emulsion K1-60

    528$

    +

    -

    6$

    Iran - Reconditioned Drum

    0%

  • Bitumen Emulsion CRS-2

    541$

    +

    -

    5$

    Iran - Reconditioned Drum

    0%

  • Bitumen Cutback MC70

    615$

    +

    -

    5$

    Iran - Reconditioned Drum

    0%

  • Bitumen Cutback MC30

    625$

    +

    -

    5$

    Iran - Reconditioned Drum

    0%

  • Bitumen Cutback MC250

    595$

    +

    -

    5$

    Iran - Reconditioned Drum

    0%

  • HSFO CST 180

    402$

    +

    -

    5$

    Iran - Bulk

    -3.5%

  • HSFO CST 380

    400$

    +

    -

    5$

    Iran - Bulk

    -3.5%

  • HSFO CST 180

    422$

    +

    -

    5$

    Singapore - Bulk

    -3.3%

  • HSFO CST 380

    420$

    +

    -

    5$

    Singapore - Bulk

    -3.3%

  • Crude Oil Dubai

    61$

    +

    -

    5$

    United Arab Emirates - Bulk

    -1.6%

  • Crude Oil WTI

    60$

    +

    -

    5$

    United States - Bulk

    0%

  • Crude Oil brent

    72$

    +

    -

    5$

    United Kingdom - Bulk

    0%

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    Bitumen Price Weekly Report

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

    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...

    2024/02/04

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    New Fears Heating Up Confusion
    New Fears Heating Up Confusion

    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...

    2024/01/30

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    Iran’s Bitumen Market Moving Up
    Iran’s Bitumen Market Moving Up

    Following a four-month downturn, Iran’s bitumen market saw increased competition for vacuum bottom purchases last week, possibly signaling the start of a price increase rally.Reuters stated that at the World Economic Forum in Davos, Fatih Birol announced that the International Energy Agency foresees a balanced oil market this year, despite Middle East tensions, due to...

    2024/01/28

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    Confusion Rise in Petroleum Markets with Increasing Tensions
    Confusion Rise in Petroleum Markets with Increasing Tensions

    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...

    2024/01/23

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    Temporary Fall in the Energy Market
    Temporary Fall in the Energy Market

    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...

    2024/01/21

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    Uncertain Fluctuations in Petroleum Products
    Uncertain Fluctuations in Petroleum Products

    Rising Geopolitical Tensions The Middle East’s new geopolitical tensions spiked up last week after the US and UK attacked Houthi’s positions in Yemen. The US didn’t have any direct attack on the region until now. These actions are complicating the situation more than before and they can push the crude oil price higher in the...

    2024/01/16

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    Mixed Sentiment in Petroleum Products
    Mixed Sentiment in Petroleum Products

    Freight Increase Different markets are still struggling with the concerns of shipping lines since freights have doubled or tripled for several destinations. Bitumen markets are no expectation and many suppliers are now confronting difficulty in adjusting their old orders because of the changes. None of the markets are running at full capacity yet due to...

    2024/01/09

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    Envisioning a Productive Business Year Ahead
    Envisioning a Productive Business Year Ahead

    In Iran, prices held steady in comparison to the previous week’s market. Moreover, bitumen prices in Europe remained largely unchanged.The largest exchange of prisoners between Ukraine and Russia occurred in early January 2024 amidst the ongoing war, coinciding with heavy missile attacks from both sides. Meanwhile, the conflict between Hamas and Israel has entered its...

    2024/01/07

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