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13 Mar 2025

08:34

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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The Equivalency of Crude Oil and Bitumen Price

The Equivalency of Crude Oil and Bitumen Price

Chaos Is not OverInside the last week, the beginning of exchanges among Ukraine and Russia about the conflict changed unrefined petroleum cost in some way and till the hour of setting up this report, the degree of raw petroleum was 106 US dollars. Notwithstanding, the episode of another variation of COVID in China and new...

Publish Date: 2022/03/20

Petrochemicals Uncertainty Is Not Over

Petrochemicals Uncertainty Is Not Over

Oil Pressure Still ExistsOil was still dominating the petrochemical markets, including bitumen, during last week. Tensions were real as the oil opened at high prices above $120 and had the biggest drop of recent months in just a week. The bitumen market was volatile in various regions according to the effects of the Russia and...

Publish Date: 2022/03/15

Shadow of War and the Ambiguity of the Market

Shadow of War and the Ambiguity of the Market

Commodities Uncertain Sentiment As you might also know, last week, the war between Russia and Ukraine heavily affected commodity markets around the world. To be more specific, Crude oil prices have skyrocketed to $135 as the United States imposes official sanctions on Russia’s oil, gas, and coal. Russia’s threat to stop gas exports to Europe...

Publish Date: 2022/03/13

Volatile market of Petrochemicals

Volatile market of Petrochemicals

Years-high Price of Commodities The bitumen market was highly unstable and volatile during last week. Not only bitumen but all the petrochemical markets were uncertain for traders and market participants as commodity markets were highly fluctuating due to the supply obstacles and rising demand. In the Middle East, Bulk bitumen was in the range of...

Publish Date: 2022/03/08

Russia-Ukraine War and Capital Market Matters

Russia-Ukraine War and Capital Market Matters

Petrochemical Price Surge The global financial and commodities markets have experienced a turbulent week full of unpredictable volatility. Some global economists believe that another wave of inflation stagnation is likely to occur around the world. Given this week’s economic situation, Europe’s economic growth and production rates are likely to be adversely affected by the sanctions...

Publish Date: 2022/03/06

Shadows of the War Spreads All Over the Market

Shadows of the War Spreads All Over the Market

Crude Stays Above $90 Petrochemicals experience a shock as well as other markets during last week. Russia’s invasion of Ukraine frightened the energy and petrochemicals markets severely but the strong resistance of Ukraine brought hopes back. The hopes did not cause any significant decrease but they kept the market prices at the pre-war levels. In...

Publish Date: 2022/03/01

will Bitumen Experience a Sudden Rise as Crude Oil?

will Bitumen Experience a Sudden Rise as Crude Oil?

War Consequences As you might know, this week started with the news about 7,000 Russian army withdrawals from the Ukrainian border and lowered crude oil prices of $92. However, in the past two days, more full-fledged news is announced for Russian attacks,and finally, it is at midnight on Thursday. Because of Putin’s statement attack, the...

Publish Date: 2022/02/27

Russia De-Escalation Gave the Market a Quick Rest

Russia De-Escalation Gave the Market a Quick Rest

Where Are Petrochemicals Going? Bitumen and petrochemical prices stayed in the previous ranges of two last weeks as crude lingered in the $ 90. The geopolitical tensions are still evoking oil and petrochemicals. In the Middle East, Bulk bitumen is fluctuating between $ 385 – $ 395 per ton and the new steel drum is...

Publish Date: 2022/02/22