Bitumen prices in Iran are under pressure due to the US dollar’s rapid appreciation against the Iranian Rial, despite a base price increase of 8.5%. This […]
Rising sea freight rates and fierce market competition are worrying exporters and importers globally. In his recent remarks, President Joe Biden openly criticized the performance of […]
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 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 […]
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 […]