13 Mar 2025

17:44

  • 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 Trade War Affects The Oil and Bitumen Market
    The Trade War Affects The Oil and Bitumen Market

    Turbulence in the base oils and lubricants marketAfter several months of severe supply shortages and rising prices, the base oil production and supply situation has developed. However, with the increase in coronavirus infections and the expansion of restrictions, traffic and travel have decreased. In fact, there are fewer raw materials for the production of recycled...

    2021/08/08

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    Sounds of a Dynamic Market
    Sounds of a Dynamic Market

    Stronger Demand Rising UpThe bitumen market ended the month of July in peace. The prices did not change significantly during the week; however, traders experienced much less volatility. In the Middle East, the bulk bitumen was traded around $280 – $290 and the new steel drum was in the range of $350 – $360. Singapore,...

    2021/08/03

    Read More
    Top News of the Bitumen and Oil Market
    Top News of the Bitumen and Oil Market

    1 August 2021 5 August 2021 7 August 2021 Forecast for 2021OPEC estimates that oil demand will fall by an average of 9.77 million barrels per day by 2020, at 90 million barrels per day. Meanwhile, the International Energy Agency estimates that demand in 2020 was 9.2 million barrels per day. OPEC and the agency...

    2021/08/01

    Read More
    Fighting Back the Outbreak
    Fighting Back the Outbreak

    Uncertainty Running to the MarketThere was a calm market in the last week of July. Bitumen price was still steady in the Middle East while the drum was fluctuating between $345 – $364 PMT and bulk was between $275 – $290 PMT. Africa, Europe and China also experienced a similar situation. The prices were only...

    2021/07/27

    Read More
    Covid Hitting the Markets
    Covid Hitting the Markets

    Supply Boost and Covid Fears Surrounding BitumenDespite all the crude fluctuations, bitumen and other oil products did not change significantly. In the Middle East, the bitumen price of the drum was around $345 – $364 PMT, and bulk bitumen was traded $275 – $290 PMT. The bitumen price was nearly steady in Europe, including Netherlands...

    2021/07/20

    Read More
    Dark Shadow of Supply Blockages
    Dark Shadow of Supply Blockages

    Rising Demand of Construction MaterialsThe bitumen market did not withstand any significant turbulence during the second week of July. Prices were almost steady in all countries, including the Middle East. Iran’s vacuum bottom price is expected to rise in the next half of the month. However, these expectations did not affect the market during the...

    2021/07/13

    Read More
    Supply Shortage Provoking Prices
    Supply Shortage Provoking Prices

    Supply shortage and the petrochemical pricesThe base oil market has gone through a mind-boggling circumstance in the Middle East, Europe, and Africa during the earlier weeks. In as opposed to the previous gatherings of OPEC, the partners could not agree on the stock plans. To be more specific, they forced conflicts between Saudi Arabia and...

    2021/07/11

    Read More
    Global Expansion of Road Constructions
    Global Expansion of Road Constructions

    US dollar had a trembling week after the release of unpromising data about the US unemployment rate and average hourly earnings. The fall of the USD strengthened commodities, including crude oil and gold. Bitumen and petrochemical prices rose accordingly in most of the regions. Singapore bulk and drum bitumen increased about $10 to $20 resulting...

    2021/07/06

    Read More