|
Date |
Bitumen Grade |
Price (USD/MT) |
Price Basis |
|
2025-12-05 |
60/70 (Drum) |
383±3 |
FOB Bandar Abbas (drum) |
|
2025-12-05 |
60/70 (Bulk) |
270±3 |
FOB Bandar Abbas (bulk) |
|
2025-12-05 |
Vacuum Bottom |
238±3 |
FOB Bandar Abbas (vacuum bottom) |
|
2025-12-06 |
60/70 (Drum) |
387±3 |
FOB Bandar Abbas (drum) |
|
2025-12-06 |
60/70 (Bulk) |
272±3 |
FOB Bandar Abbas (bulk) |
|
2025-12-06 |
Vacuum Bottom |
240±3 |
FOB Bandar Abbas (vacuum bottom) |
|
2025-12-07 |
60/70 (Drum) |
390±3 |
FOB Bandar Abbas (drum) |
|
2025-12-07 |
60/70 (Bulk) |
273±3 |
FOB Bandar Abbas (bulk) |
|
2025-12-07 |
Vacuum Bottom |
243±3 |
FOB Bandar Abbas (vacuum bottom) |
The Iranian bitumen market strengthened compared to last week, supported by firm export demand from South Asia, East Africa, and parts of the Mediterranean. Refinery output was slightly tighter, as adjustments in feedstock availability influenced production schedules. This created a more balanced supply environment and reduced the discounting behavior seen earlier. Vacuum Bottom values also trended upward, reflecting higher feedstock costs being passed down the supply chain. Overall, Iran entered the week with a noticeably firmer sentiment driven by a combination of stable demand and controlled supply.
