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13 Mar 2025

03:04

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%

Bitumen Price Journal For Any Information You Need In Bitumen Market

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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

Further Increment in Bitumen Price Trend

Further Increment in Bitumen Price Trend

In Iran last week, despite the dollar dropping from around 590,000 Rial to 550,000 Rial and a slight uptick in vacuum bottom prices, bitumen prices held steady amid 7.5% competition.After the US foreign minister’s visit to the Middle East and talks about a ceasefire in the Gaza Strip, crude oil prices stayed stable on February...

Publish Date: 2024/02/11

Fluctuations After News About Less Tensions and Exchange Rates

Fluctuations After News About Less Tensions and Exchange Rates

Will the Tensions Really Calm Down? Bitumen markets had lots of uncertainty last week since traders were confused by the sudden drop in oil. Exactly at the time that news was talking about higher oil prices, the bearish sentiment suddenly took over. Several events were responsible for the confusion: Talks about the possibility of a...

Publish Date: 2024/02/06

Complexities in Iran’s Bitumen Market Amid Economic and Regional Challenges

Complexities in Iran’s Bitumen Market Amid Economic and Regional Challenges

Iran faces significant challenges due to currency volatility and ongoing regional crises.An aerial strike in Jordan resulted in the deaths of three American soldiers, leading to heightened tensions in the Middle East and North Africa. The US decision to provide compensation for the attack raised concerns about the potential for a broader regional conflict, causing...

Publish Date: 2024/02/04

New Fears Heating Up Confusion

New Fears Heating Up Confusion

Difficulty in Making Decisions Likewise last several weeks, uncertainty and geopolitical tension have been the main leaders of petroleum-related markets. Oil, as the major component of the pricing in its subproducts, ended the week with 6% growth, the highest price since December 2023. The jump caused many market players to haste with their purchases to...

Publish Date: 2024/01/30

Iran’s Bitumen Market Moving Up

Iran’s Bitumen Market Moving Up

Following a four-month downturn, Iran’s bitumen market saw increased competition for vacuum bottom purchases last week, possibly signaling the start of a price increase rally.Reuters stated that at the World Economic Forum in Davos, Fatih Birol announced that the International Energy Agency foresees a balanced oil market this year, despite Middle East tensions, due to...

Publish Date: 2024/01/28

Confusion Rise in Petroleum Markets with Increasing Tensions

Confusion Rise in Petroleum Markets with Increasing Tensions

The Middle East Geopolitical Tensions Geopolitical tensions are still rising in the Middle East with Iran and Pakistan coming into the game. Iran attacked 3 spots in Pakistan, Syria and Iraq, last week. In return, Pakistan answered by launching an attack on the borders of Iran. Disputes are also heating up in Yemen and Syria...

Publish Date: 2024/01/23