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23 Apr 2025

19:12

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

417$

+

-

5$

Iran - Bulk

0.7%
HSFO CST 380

403$

+

-

5$

Iran - Bulk

1.7%
HSFO CST 180

438$

+

-

5$

Singapore - Bulk

0.7%
HSFO CST 380

423$

+

-

5$

Singapore - Bulk

1.4%
Crude Oil Dubai

66$

+

-

5$

United Arab Emirates - Bulk

1.5%
Crude Oil WTI

64$

+

-

5$

United States - Bulk

1.6%
Crude Oil brent

72$

+

-

5$

United Kingdom - Bulk

0%

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A Slight Haze in base Oil and Bitumen Market

A Slight Haze in base Oil and Bitumen Market

Risks of Another ResurgeLast week’s market was largely confused under the influence of constant determinants. The epidemic of Omicron variants in Europe has resulted in gradual locking in various countries as a result of rapid outbreaks. However, the mortality rate was not very high. The price of oil fluctuated within the channel from $ 7,276...

Publish Date: 2021/12/19

Why Are Petrochemical Traders Still Indecisive?

Why Are Petrochemical Traders Still Indecisive?

Volatile CommoditiesMarket participants experienced another confusing week while getting closer to the end of 2021. In the Middle East, bitumen prices decreased around $10 – $20. Bulk bitumen was in range of $310 – $320 per ton. The new steel drum was also in the range of $380 – $390 last week. Prices were also...

Publish Date: 2021/12/14

Petrochemical Volatility along Covid Resurge

Petrochemical Volatility along Covid Resurge

Uncertain Traders of all MarketsAs the reports show, the base oil and lubricant markets were uncertain last week due to an infection with a new corona variant called Omicron. Many countries have closed their borders and imposed travel bans to curb the spread of mutated viruses. This situation and the decision to increase OPEC +’s...

Publish Date: 2021/12/12

Bitumen Fluctuates along Crude Ambiguity

Bitumen Fluctuates along Crude Ambiguity

Doubts for Mid-term OutlooksThe bitumen market was struggling with many inconveniences during last week. The imprecise conditions of crude, freights, dollar, Iran-US negotiations, and Covid were troubling traders. As we approach the end of 2021, the situation becomes more hectic. In the Middle East, the bulk bitumen price was about $380 – $410 on the...

Publish Date: 2021/12/07

Omicron leading oil and bitumen Markets

Omicron leading oil and bitumen Markets

Fears of Another OutbreakDuring the last week, every one of the elements deciding bitumen costs fundamentally impacted each other contrasted with the earlier weeks and it brought about the extreme fall of bitumen costs and it very well may be expressed that it was cheapened around 15% in most recent one month. We can reference...

Publish Date: 2021/12/05

Demand Outlook Shrinks by Crude Fall

Demand Outlook Shrinks by Crude Fall

Panics and OverreactionsThe market experienced more decrease during last week since crude had a sharp plunge on Black Friday. Fears of the new variant of covid brought panics to every market causing traders to overreact. In the Middle East, bitumen prices fell by $10 – $20. Bulk bitumen was traded for $360 – $370 per...

Publish Date: 2021/11/30

Bitumen Market Confusion Along Crude

Bitumen Market Confusion Along Crude

Rex Fuels’ Bitumen ConferenceIt’s important to mention that we created the current weekly report following the previous conference on Rex Fuels’ bitumen and bitumen modification at Taj Palace, New Delhi. As a conference exhibitor,we were able to attend the event to meet all its valued customers and talk about the latest state of the bitumen...

Publish Date: 2021/11/28

Global Concerns for Crude and Petrochemicals

Global Concerns for Crude and Petrochemicals

Market Flip Along with CrudeFollowing crude oil reductions in the recent weeks, petrochemicals were also reduced in most of the regions. In the Middle East, bulk bitumen was nearly stable in the former price ranges of $375 – $385 but new steel drums underwent about a $10 decrease and got to $440 – $450. In...

Publish Date: 2021/11/23