Razieh Gilani

Bitumen price increased up to $10/MT, however, market has a stable trend.
Bitumen price increased up to $10/MT, however, market has a stable trend.
This article was prepared by Razieh Gilani, the sales manager of Infinity GalaxyDuring 5 – 11 Dec., IME announced new […]
• December 11, 2020

Bitumen Market is Anticipating Sudden and Unpredictable Changes
Bitumen Market is Anticipating Sudden and Unpredictable Changes
During 28th till 30th November, competition on VB among the Iranian refineries was between 3-10% On November 30, IOCL increased […]
• December 4, 2020

Market is Anticipating Huge Changes by the Increase of Oil Price, Drop of USD Exchange Rate
Market is Anticipating Huge Changes by the Increase of Oil Price, Drop of USD Exchange Rate


Bitumen Market on 20 November 2020
Bitumen Market on 20 November 2020
Currently, the difference between Iran and India rates is too high and it seems that one of these two countries should modify their rates to fulfill the demands …
• November 21, 2020

What to Expect from Bitumen Market This Week, 14th November 2020
What to Expect from Bitumen Market This Week, 14th November 2020
With the shortage of material in Indian ports, demands for bitumen will increase by the end of the Diwali Festival.
• November 14, 2020

Why the Current Market of Bitumen Faces Many Ups and Downs
Why the Current Market of Bitumen Faces Many Ups and Downs
From 23-29 October, VB price in Iran increased by about 16%, and simultaneously Iran remained on the blacklist of FATF for 6 more months.
• October 31, 2020

Fluctuated Market of Bitumen-23th October 2020
Fluctuated Market of Bitumen-23th October 2020
Fluctuated US Dollar price in Iran, ocean freight increase, and the USA presidential election are reasons based on which new VB price might
• October 24, 2020

Bitumen Market Analysis on 9th October 2020
Bitumen Market Analysis on 9th October 2020
Most of the bitumen bulk vessels were boycott by the USA in the last two weeks and as a result, the demand for bitumen in the new steel drum has …
• October 10, 2020

Bitumen Market Analysis on 2nd October 2020
Bitumen Market Analysis on 2nd October 2020
The bitumen market has been shaken up by the news of President Trump’s positive test for Covid-19. Analysts believe the best strategy is …
• October 4, 2020

Iran Reduced VB Prices by 6-7$ in September 2020
Iran Reduced VB Prices by 6-7$ in September 2020
Iran reduced VB Feedstock prices by USD 6-7 PMT and issues like Exchange Rate, Snapback Mechanism and Covid-19 are impacting bitumen demand.
• September 26, 2020

Bitumen Market Forecast in Next 40 Days
Bitumen Market Forecast in Next 40 Days
OPEC basket price fell below 40$ on Thursday, September 10, 2020. For the past two weeks, oil prices have been decreasing. Due to the current global situation and lockdowns, all …
• September 14, 2020