Bitumen Price in 2020; an Overview of Price Collapse in the Bitumen Industry

Bitumen prices started 2020 with an unprecedented increase: the product was trading around $340-345/t in January. Many political incidents including the Middle East tensions supported the elevated bitumen prices in January and February.

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Publish Date:23/December/2020 | 14:52

Gov’t to Receive 4m Tons of Free Bitumen

EghtesadOnline: The National Iranian Oil Company will provide various ministries and governmental organizations with 4 million tons of free bitumen valued at up to 30 trillion rials ($714.28 million), a parliamentarian said.

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Publish Date:12/June/2018 | 05:50

LPG, Bitumen, Methanol Exports Expected to Grow Exponentially

EghtesadOnline: Iran’s monthly LPG output stands at 360,000 tons, of which close to 50,000 tons are distributed in the domestic sector and the rest is exported, showing a 50% rise compared to 2020.

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Publish Date:18/February/2023 | 20:15

NIOC Ordered to Supply 1m Tons of Free Bitumen

EghtesadOnline: The Majlis has obliged the National Iranian Oil Company, to supply one million tons of free bitumen to executive organizations for construction projects in the current fiscal year (ends next March).

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Publish Date:12/August/2020 | 10:44

Bitumen Exports Earn $450m Since March 2019

EghtesadOnline: A total of $450 million worth of bitumen have been exported from Iran since the beginning of the current fiscal year (March 21, 2019), according to Managing Director of Iran International Exhibitions Company Bahman Hosseinzadeh.

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Publish Date:26/January/2020 | 11:30

Iran Bitumen Exports in Jeopardy

EghtesadOnline: Due to the rising cost of raw materials, prices of bitumen have gone so high that no one wants to buy it anymore.

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Publish Date:14/August/2019 | 24:04

IME seeks future contract for Bitumen

EghtesadOnline: On the First Iran Bitumen and Asphalt Forum 2016, CEO of Iran Mercantile Exchange (IME) announced that the IME is about to launch future contracts and CDRs for bitumen .

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Publish Date:30/August/2016 | 13:30