Iran Market Bitumen Prices Hiked up 15$/MT as the Global Demands have Increased

Razieh Gilani

This article was prepared by Razieh Gilani, the sales manager of Infinity Galaxy During 12-17 Dec. 20, oil price had an upward […]

Bitumen price increased up to $10/MT, however, market has a stable trend.

Razieh Gilani

This article was prepared by Razieh Gilani, the sales manager of Infinity GalaxyDuring 5 – 11 Dec., IME announced new […]

Bitumen Market is Anticipating Sudden and Unpredictable Changes

Razieh Gilani

During 28th till 30th November, competition on VB among the Iranian refineries was between 3-10% On November 30, IOCL increased […]

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

Razieh Gilani

Bitumen Market on 20 November 2020

Razieh Gilani

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 …

What to Expect from Bitumen Market This Week, 14th November 2020

Razieh Gilani

With the shortage of material in Indian ports, demands for bitumen will increase by the end of the Diwali Festival.

Why the Current Market of Bitumen Faces Many Ups and Downs

Razieh Gilani

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.

Fluctuated Market of Bitumen-23th October 2020

Razieh Gilani

Fluctuated US Dollar price in Iran, ocean freight increase, and the USA presidential election are reasons based on which new VB price might

Bitumen Market Analysis on 9th October 2020

Razieh Gilani

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 …

Bitumen Market Analysis on 2nd October 2020

Razieh Gilani

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 …

Iran Reduced VB Prices by 6-7$ in September 2020

Razieh Gilani

Iran reduced VB Feedstock prices by USD 6-7 PMT and issues like Exchange Rate, Snapback Mechanism and Covid-19 are impacting bitumen demand.

Bitumen Market Forecast in Next 40 Days

Razieh Gilani

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 …