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21 Apr 2025

19:08

Bitumen 60/70

322$

+

-

4$

Iran - Bulk

-0.6%
Bitumen 60/70

399$

+

-

3$

Iran - New Steel Drum

-0.5%
Bitumen 60/70

399$

+

-

3$

Iran - New Steel Drum

-0.5%
Bitumen 60/70

372$

+

-

3$

Iran - Jumbo Bag

-1.3%
Bitumen 60/70

364$

+

-

3$

Iran - Flexitank

-1.1%
Bitumen VG10

384$

+

-

2$

Iran - New Steel Drum

-1.6%
Bitumen VG30

384$

+

-

2$

Iran - New Steel Drum

-1.6%
Bitumen VG40

388$

+

-

3$

Iran - New Steel Drum

-1.5%
Bitumen C170

390$

+

-

3$

Iran - New Steel Drum

-1.5%
Bitumen C320

388$

+

-

3$

Iran - New Steel Drum

-1.5%
Bitumen AH70

380$

+

-

3$

Iran - Jumbo Bag

-1.6%
Bitumen PG 76-10

395$

+

-

3$

Iran - New Steel Drum

-1.3%
Bitumen 200/300

388$

+

-

3$

Iran - New Steel Drum

-1.5%
Bitumen Oxidized 115/15

364$

+

-

3$

Iran - Carton 25KG

0%
Bitumen Oxidized 105/15

364$

+

-

3$

Iran - Carton 25KG

0%
Bitumen Oxidized 85/25

364$

+

-

3$

Iran - Carton 25KG

0%
Bitumen Oxidized 95/25

366$

+

-

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

416$

+

-

5$

Iran - Bulk

1.4%
HSFO CST 380

398$

+

-

5$

Iran - Bulk

1.5%
HSFO CST 180

436$

+

-

5$

Singapore - Bulk

0.9%
HSFO CST 380

419$

+

-

5$

Singapore - Bulk

1.4%
Crude Oil Dubai

66$

+

-

5$

United Arab Emirates - Bulk

0%
Crude Oil WTI

64$

+

-

5$

United States - Bulk

0%
Crude Oil brent

72$

+

-

5$

United Kingdom - Bulk

0%

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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

European Bitumen Prices Raise During Winter

European Bitumen Prices Raise During Winter

Rising Costs in the UK and Falling Bitumen Demand After the recent huge HSFO price rise, UK truck price estimations were raised by $ 10.38 per ton. Bitumen demand fell in the UK in 2024’s winter; consumption fell more than 10 % compared to the same period in 2023. Stable Market in Netherlands and Belgium...

Publish Date: 2025/01/21

Bitumen Price Forecast 2025

Based on a Reuters survey in October 2024, Concerns about demand from China, visions of higher supply from key producers, and easing geopolitical risks might affect the oil price in 2025. Forty economists and analysts participated in this survey. On average, they predicted Brent crude would be $76.61 per barrel in 2025. The interview predicted...

Publish Date: 2025/01/14

Holiday Slowdown and Strategic Outlook for Early 2025

Slow Construction & low Demand in West Africa Construction activity was generally slow in West Africa and significantly slow in Nigeria. The Nigerian government’s switch to concrete for new road and highway projects was closely monitored in the region for any drop in bitumen demand. The Lagos-Calabar Project, a 700 km highway in Nigeria, has...

Publish Date: 2025/01/07

Christmas Calm in Southeast Asia’s Bitumen Market

Christmas Calm in Southeast Asia’s Bitumen Market

Stable Prices in Singapore Bitumen prices remained stable this week. One refinery almost sold out most bitumen volumes; however, offers for January were limited. Bitumen offers for January and February were preserved at $ 430 per ton. Monsoon in Malaysia Slows Demand Most road construction and maintenance projects in Malaysia were completed before the holidays,...

Publish Date: 2024/12/31