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22 Apr 2025

22:07

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

414$

+

-

5$

Iran - Bulk

-0.5%
HSFO CST 380

396$

+

-

5$

Iran - Bulk

-0.5%
HSFO CST 180

435$

+

-

5$

Singapore - Bulk

-0.2%
HSFO CST 380

417$

+

-

5$

Singapore - Bulk

-0.5%
Crude Oil Dubai

65$

+

-

5$

United Arab Emirates - Bulk

-1.5%
Crude Oil WTI

63$

+

-

5$

United States - Bulk

-1.6%
Crude Oil brent

72$

+

-

5$

United Kingdom - Bulk

0%

Bitumen Price Journal For Any Information You Need In Bitumen Market

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Bitumen Price Weekly Report

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Increasing Rates in Asia, Africa, and Europe

Increasing Rates in Asia, Africa, and Europe

Is It the Beginning of the Rising Trend?Bitumen had another rising week in most regions. The changes are slight but it heads upward. India increased rates by 3 USD on 1 March. Singapore and Europe experienced some improvements in bitumen markets. Crude Oil: Oil ended February with the rangebound movement and it didn’t get the...

Publish Date: 2024/03/05

Intense Export Demands Strain Iran’s Market

Intense Export Demands Strain Iran’s Market

Iran faces rising export pressure and disruptions in vessel schedules due to adverse weather conditions.The 7th Gas Exporting Countries Forum (GECF) Summit takes place in Algeria amidst shifts in the global energy market dynamics due to geopolitical events worldwide. Recent conflicts such as Israel’s Gaza war and ongoing Houthi attacks on commercial vessels in the...

Publish Date: 2024/03/03

Slight Movements in Most Markets

Slight Movements in Most Markets

Emerging Effects of Middle East TensionsThe Bitumen market almost kept the slow movements and trends that it had for the last two weeks in most markets. In most regions, we had an increase including Europe, Africa, and East Asia. Bitumen rates were almost unchanged in the west of Asia but it might be temporary due...

Publish Date: 2024/02/27

The Bitumen Price Ascendancy Continues

The Bitumen Price Ascendancy Continues

Iran faces tough conditions as the New Year and Ramadan approach, with increased export pressure.The US vetoed the Algerian resolution calling for an immediate ceasefire between Gaza and Israel at the Security Council. The vote saw 13 in favor, 1 abstention (the UK), and the US voting against it, marking the third time the US...

Publish Date: 2024/02/25

Increasing Pressure of Freights and Uncertainty

Increasing Pressure of Freights and Uncertainty

Shipping ConcernsShipping issues were already a real burden for exporters and importers and it is probably getting worse. The threat of container shortage is spreading and it will cause another increase in freights. Tensions of Red Sea are also troubling traders since they can’t use some routes as before. In addition to shipping issues, geopolitical...

Publish Date: 2024/02/20

Sharp Disparity in Bitumen Price Growth

Sharp Disparity in Bitumen Price Growth

Bitumen prices in Iran kept rising gradually last week, despite currency market stability, a dip in the dollar against the Rial, and minimal competition among refineries in terms of VB.In the fourth month of heightened tensions in the Middle East, Israel initiated lethal air strikes on Lebanon in response to the death of an Israeli...

Publish Date: 2024/02/18

The Bitumen Price Faces Challenges

The Bitumen Price Faces Challenges

In Iran, bitumen prices experienced a positive shift following a surge in the VB base price. Iranian refineries are actively working to sustain this upward trend.On Wednesday, the United Nations Security Council issued a resolution urging the Houthi to cease their assaults on commercial vessels in the Red Sea promptly. The resolution also called for...

Publish Date: 2024/02/14

Prices On a Slight Upward Trend

Prices On a Slight Upward Trend

Change of SentimentCrude oil has been shifting in sentiment due to the uncertainty of war in the Middle East and supply outlooks shortly. The US oil rigs decreased according to the new reports and Saudi order Aramco to keep the production unchanged. All these actions caused a bullish sentiment last week and it also affected...

Publish Date: 2024/02/13