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13 Mar 2025

15:08

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%

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Flat Market Before Easter’s Holidays

Flat Market Before Easter’s Holidays

Oil’s Uncertainty Bitumen and petroleum products almost had a flat market during the past days as most countries had national holidays and crude oil stayed in the same range. In Singapore, prices decreased by 20 dollars but in other regions such as the Middle East, the market experienced more competitions. In India, accordingly, the demand...

Publish Date: 2023/04/11

Only time can say where this road goes

Only time can say where this road goes…

As written below in the following article, it was difficult for exporters and buyers to determine Iran’s actual bitumen price. Moreover, the high demand caused Iran’s bulk bitumen price to rise more than the price of packed bitumen.It appears that France and some other European Union nations began making attempts to end the war 407...

Publish Date: 2023/04/09

Prices Tend to Rise Along with Oil Despite Former Fears

Prices Tend to Rise Along with Oil Despite Former Fears

Crude Started the Week Strongly When all the markets are in fear of a financial crisis after several banks’ emergencies, crude oil surprised all by starting with a huge upward gap on April 3. The gap is highly related to the OPEC announcement on being committed to applying the promised cuts. The voluntary cut of...

Publish Date: 2023/04/04

Iranian producer’s perspective on the upward trend of bitumen prices

Iranian producer’s perspective on the upward trend of bitumen prices

In the past few days, Iran experienced an average competition of about 52%, which seems high and might be a sign that producers have chosen to continue the upward trend in prices. During the Persian New Year, we had a 21 percent increase in the vacuum bottom.Due to news of the partial recovery in China’s...

Publish Date: 2023/04/02

Different Price Movements in the Middle East

Different Price Movements in the Middle East

Rise of VB Rates in Iran While the market is struggling with the ambiguity of price direction in crude oil, Iran increased vacuum bottom prices by 21% on the first working day of the Persian new year. The increase was a result of dollar exchange rate fluctuations and a hot competition by 57% among refineries...

Publish Date: 2023/03/28

Whispers of a new wave of the financial crisis in the Iranians new year

Whispers of a new wave of the financial crisis in the Iranians new year

Despite Joe Biden’s pledge to support the nation’s banking systems, the collapse of Silicon Valley Bank in America caused the stock of international banks to decline. Signature Bank and First Republic Bank ran into serious situations following the failure of Silicon Valley Bank. The chance of Russia and Ukraine being mediated for peace has increased...

Publish Date: 2023/03/26

Cautious Traders by the Mixed Signals in Economy and Oil

Cautious Traders by the Mixed Signals in Economy and Oil

The onset of Nowruz Holidays in Iran While different petroleum markets were highly hopeful toward 2023’s prices, sentiments seem to be fluctuating in opposite direction quickly. Major investment companies such as Goldman Sachs no longer see $100 for crude oil in 2023. The economic situation is rising fear among communities about another financial crisis in...

Publish Date: 2023/03/21

The bankruptcy of Silicon Valley and the global market crisis

The bankruptcy of Silicon Valley and the global market crisis

According to the reports, fundamental factors triumphed over technical ones in the wake of significant political events that affected the bitumen markets lately.It can be said that fundamental factors triumphed over technical ones in the wake of significant political events that affected commodity markets, including bitumen, over the past week. Iran and Saudi Arabia, two...

Publish Date: 2023/03/19