Bitumen Price List Today
Bitumen Grade (Drum) | Fob Jebel Ali Price Now ($) |
60/70 | 340-345 |
80/100 | 340-345 |
40/50 | 345-350 |
VG 10 | 345-350 |
VG 30 | 345-350 |
VG 40 | 350-355 |
Updated on 1st March
Bitumen Prices
Are affected by market demand and seasonal peak consumption. The fluctuation of bitumen price is also due to issues such as geopolitical tensions, shipping regulations and oil price. However, the most important factor is the amount of supply and demand.
Since prices are fluctuating, contact us to know the exact price of bitumen.
Bitumen Price in India
Three main refineries that qualify the Price of Indian Bitumen are MRPL, IOCL and BPCL. Generally, Iran bitumen price is lower than the price of bitumen from these refineries and the main issue in India is that producing the bitumen has a high cost due to its process and its transportation, so they prefer to import bitumen from other countries such as Iran.
IOCL Bitumen Price
Bulk Bitumen | Price (in Rs.) |
VG10 (80/100) | 37660 |
VG30 (60/70) | 37960 |
VG40 (30/40) | 39840 |
Packed Bitumen | Price (in Rs.) |
VG10 (80/100) | 42460 |
VG30 (60/70) | 43260 |
VG40 (30/40) | 46800 |
Updated on 1st March
Iran Bitumen Price In Your Destination Port
Select your port and see the CFR price of your destination.
For more information contact our sales experts.
Bitumen Price 2021
Bitumen news shows that the price of bitumen will increase in 2021. Therefore, countries insist on purchasing bitumen at lower prices to cover the shortage of their bitumen quickly. Several countries in Africa and Eastern Asia knew that bitumen demand is increasing, so recently they have reserved bitumen.
Bitumen Price List 2021
Months | 1st Week | 2nd Week | 3rd Week | 4th Week |
January | 330-335 | 330-335 | 360-370 | 360-370 |
February | 350-360 | 340-350 | 340-350 | 345-350 |
Bitumen Price Chart 2021
Bitumen Price List 2020
The Coronavirus have had an impact on economic conditions, rising and falling prices of goods and commodities including Bitumen. The outbreak of this pandemic, led to a 30% drop in bitumen prices in the first season of 2020. The whole year was full of ups and downs and unpredictable fluctuations, the last month of 2020, was the peak of these fluctuations and increasing in vacuum bottom price.
Months | 1st Week | 2nd Week | 3rd Week | 4th Week |
January | 260-280 | 260-280 | 265-275 | 290-300 |
February | 285-305 | 285-305 | 275-295 | 270-285 |
March | 270-285 | 265-280 | 230-245 | 220-235 |
April | 190-200 | 180-190 | 160-170 | 160-170 |
May | 170-180 | 180-190 | 190-200 | 200-215 |
June | 220-230 | 250-260 | 235-242 | 235-245 |
July | 230-240 | 235-245 | 230-240 | 230-240 |
August | 240-250 | 245-255 | 248-258 | 258-268 |
September | 263-271 | 245-250 | 235-243 | 235-245 |
October | 225-235 | 225-235 | 220-230 | 221-231 |
November | 232-242 | 237-247 | 280-285 | 285-290 |
December | 292-297 | 305-315 | 308-318 | 325-330 |
Frequently Asked Questions about Bitumen Price
Q: What kind of packaging is this bitumen price with?
It’s better to know that generally, packing can affect the total price of bitumen from zero to 20 %. For example, packing of bulk bitumen has no effect on the total price of the product and only the cost of bitumen itself is considered.
Q: If the cargo is transported in drums and jumbo bag, how many tons are loaded in each container?
Well, in all cases of packing, 20 tons can be placed in a container.
Q: Is there any difference between the prices of different bitumen grades?
Yes. Basically, all grades of bitumen have a cost higher than the penetration grade 60/70. Usually, viscosity grade bitumen is more expensive than penetration grades ( 3 to 5 $) and the penetration grade 40/50 usually is 10 $ expensive than penetration grade 60/70 and 80/100. The price of penetration grade 60/70 and 80/100 is the same. Altogether, the base of bitumen price evaluation is the price of penetration grade 60/70. To know more about the other types of bitumen prices contact us.
Q: What factors affect the price of bitumen?
- Rising oil prices
- Economic condition of the world
- Road construction projects in different countries
- The cost of shipping and containers
- The high season
- The bitumen brokerage
- The prices of materials that can be used in bitumen industry, for example the rising of steel sheet price impacts on the drum of bitumen and generally affects the cost of bitumen.
Q: Why do we get different prices from different suppliers?
The price of suppliers usually varies from 5 to 10$ compared to the balanced market price. If the price difference of the suppliers is less than 5 to 10$, the quality of the bitumen should be evaluated or it may be from an uncertain origin.
Infinity Galaxy, Bitumen Supplier in Middle East
Infinity Galaxy as a company with the history of ten years tries to become a supplier with suitable bitumen prices. It announces the latest bitumen prices and different analyzes of bitumen news every week. If you tend to know more about bitumen prices just fill below form and our sales team will contact you ASAP.