Iran Export Bitumen Price

Bitumen is an essential material used in construction and road building for producing asphalt used in roads and other structures. The price of bitumen is influenced by various factors including regional and global markets, type of bitumen, economic and political conditions, supply and demand. To purchase exported bitumen and to know more about today's bitumen price list, you can reach out to Iran E Trade. In the following sections, we will delve deeper into the pricing of bitumen, including refined bitumen prices, the factors that impact them, barrel bitumen pricing, and the cost of bitumen exports.

How do we calculate the bitumen price?

To calculate the price of bitumen, you need to take into account various factors such as supply and demand, the price of crude oil, production costs, and more. Additionally, an accurate calculation requires analyzing the bitumen market and related data to obtain the current price. In this section, we will explain the different factors to consider when calculating the price of bitumen.

• Crude Oil Prices: Bitumen, being an oil product, is directly impacted by the price of crude oil. As a result, the fluctuations in crude oil prices influence the pricing of different types of bitumen.
• Production Costs: These costs encompass the extraction of crude oil as well as expenses related to processing, energy, labor, and equipment.
• Exchange Rate: The exchange rate for countries involved in bitumen trade plays a crucial role in determining bitumen prices. Fluctuations in the exchange rate lead to changes in the price of bitumen.
• Supply and Demand: When supply is less than demand, prices increase, and vice versa.
• Government policies and sanctions can also significantly influence the final price of bitumen. For instance, sanctions can restrict bitumen exports, leading to price increases.

Bitumen price in stock market

Purchasing bitumen from the stock market offers the advantage of transparent pricing. Information about transactions, prices, and trading volumes is readily available to the public, making the bitumen market more transparent and competitive.

The price of bitumen in the stock market is determined through auctions and is based on supply and demand. Various factors, such as supply and demand, influence the bitumen price in the Iranian stock market. First, the bitumen-producing companies offer their products in the market.

Then, the buyers, typically construction companies, road builders, and other industrial consumers, visit the commodity market to make their purchases. Therefore, the base price of bitumen is set by the suppliers and is usually influenced by production costs, global prices, and domestic market conditions.

The bitumen price list in the stock market

Different types of bitumen, such as 60/70 bitumen, 6422 penetration grade bitumen, and GRSI emulsion bitumen, are traded daily in the stock market by various manufacturers. Each type of bitumen has its specific uses, and as a result, the price of different types of bitumen varies based on their type and application.

The bitumen price in the market is determined by factors such as the base price, quantity, contract type, delivery time, the minimum amount of purchase, and so on. Below is the price list for bitumen in April-May 2024.

The price range for Pasargad bitumen in stock market

You can view the current Pasargad bitumen price range in the stock market below:

• A barrel of bitumen mix: 3150000 to 3300000 Tomans
• A barrel of loose bitumen: 3150000 to 3250000 Tomans
• A barrel of hard bitumen: 3220000 to 3400000 Tomans
• A carton of hard bitumen: 150000 to 170000 Tomans

The bid and ask price of bitumen in the market

Bitumen is a crucial product for the construction and road-building industries, with various other applications across different sectors. Therefore, the buying and selling of bitumen, as well as its pricing, is of significant importance. Bitumen is traded in the stock market, and its price in the stock exchange directly impacts its market price.

The price of bitumen in the stock market is related to the vacuum baton or price of bitumen, which is determined twice a week. Consequently, the buying and selling prices of bitumen in the stock market fluctuate based on the changes in the vacuum baton bitumen price.

The current wholesale bitumen price per ton

If you are looking to buy bitumen in large quantities, we recommend reaching out to reliable bitumen supply centers that provide wholesale bitumen price based on ex-works. Purchasing bitumen from these centers eliminates the need to go through intermediary suppliers. Additionally, you can benefit from more favorable and cost-effective daily ex-works prices for bulk purchases of bitumen.

Pricing of loose bitumen

Loose bitumen, also known as 60/70 bitumen, is a type of bitumen that does not require heating for use and is widely used. It is highly sought after in the market and its purchase and sale surpasses that of other types of bitumen. If you are interested to know the loose bitumen price, you can contact Iran E Trade Inc.

Wholesale bitumen price

Customers typically purchase bitumen in varying amounts based on their needs. For large-scale projects like road construction or insulating large buildings, customers usually buy bitumen in bulk due to its cost-effectiveness. Below is a list of wholesale bitumen prices:

• A barrel of loose bitumen: 2,700,000 Tomans
• A barrel of bitumen mixture: 2,850,000 Tomans
• A barrel of emulsion bitumen: 2,850,000 Tomans

What is the most cost effective bitumen in the market?

The bitumen price varies depending on the type and manufacturer. Generally, emulsion bitumen is considered the most cost-effective type available. Additionally, this type of bitumen requires low heat for application, making it more environmentally friendly.

Bitumen price based on type

Price of exported bitumen

Bitumen is a crucial export product for Iran. The price of exported bitumen is influenced by the price of vacuum baton bitumen and global oil prices. Additionally, it is affected by the global exchange rate.

Various factors such as supply and demand, packaging type, delivery method and its timing, can also impact the price of bitumen exports. For the exact price of exported bitumen, you can contact Iran E Trade.

Bitumen price per barrel

Bitumen is sold in different packaging options, one of which is a barrel. The price of bitumen per barrel is determined by its valuation in the stock market. It's important to note that the pricing of bitumen is influenced by the vacuum baton and global crude oil prices, making it difficult to provide an exact price for bitumen. For information on the prices of different types of bitumen, you can contact Iran E Trade.

Bitumen price per tin container

In this type of packaging, bitumen is poured into 17 kg tin cans. Generally, loose and mixed bitumen, used for insulation and asphalt felt, are poured into these tin containers that are usable after cooling.

The price of loose bitumen per tin container is 280,000 tomans, and the price of mixed bitumen per tin container is 290,000 tomans. For accurate information about the price of 17 kg bitumen, please contact Iran E Trade.

Bitumen price per bucket

In this process, bitumen is poured into buckets of varying capacities. Bucket bitumen is typically available in weights of 5 kg, 10 kg, and 25 kg. Bitumen products suitable for packaging in buckets are usually loose or mixed bitumen. The bitumen price per bucket can vary depending on its type and weight. You can obtain the price of 5 kg bitumen and other quantities from bitumen stores and suppliers.

Price of loose bitumen

Loose bitumen is the most liquid form of bitumen available, requiring minimal heating for use. This petroleum product is widely used due to its high flexibility and is commonly used for coating. For more information about loose bitumen price, you can contact Iran E Trade.

Price of mixed bitumen

Mixed bitumen is a blend of soft and hard bitumen, commonly utilized in road construction and asphalt coating. It is mixed with kerosene and gasoline and can be applied based on specific circumstances and requirements. The mixed bitumen price fluctuates according to the exchange rate.

Price of bitumen emulsion

Bitumen emulsion is good for the environment because it does not require heating to use. The bitumen emulsion price, like different types of bitumen, varies depending on different factors. For an accurate emulsion bitumen price, you can contact Iran E Trade.

Price of asphalt felt

The bitumen price for asphalt felt is usually based on two factors: square meters and the worker’s daily wage. The better the quality of the materials used in bitumen, the higher the price of asphalt felt.

Bitumen pricing per carton

Bitumen is packed into special cartons for ease of use and transportation. This type of packaging is ideal for export due to its convenience in transportation and its lesser impact on the environment compared to other methods.

The process involves pouring bitumen into cartons in a molten state and then cooling it to a solid state. This method offers advantages such as easier transportation and use, reduced pollution, and waste. To know more about the bitumen price, you can contact Iran E Trade.

Bitumen price for waterproofing

This type of bitumen is modified for use in the construction of humidity insulation, such as waterproofing. Bituminous waterproofing consists of various layers, including bitumen, polymers, glass fibers or polyester, and is presented in large rolls.

Bituminous waterproofing is very popular due to its wide range of applications. Its features include high flexibility, water resistance, long life, and ease of installation. The price of bitumen for waterproofing varies based on the manufacturer's brand and quantity.

Bitumen price in construction industry

Bitumen is widely used in the construction industry for insulation, sealing, and asphalt construction. Its important features include high adhesion, resistance to temperature changes, waterproofing, and flexibility.

The price of bitumen for construction varies depending on its type (blown, cutback bitumen, or emulsion bitumen). Bitumen is one of the most important materials in the construction industry due to its special properties and numerous applications.

Bitumen price for making asphalt

Asphalt is a material used to coat roads, streets, bridges, and other road structures. It is comprised of bitumen, aggregate, and filler materials. Once applied and pressed onto the desired surface, it dries to create a surface with both mechanical and waterproof properties.

Asphalt is valued for its mechanical stability, waterproofing characteristics, flexibility, and high adhesion. Bitumen is a key component in the preparation and production of asphalt for constructing and maintaining road structures.

The price of  bitumen for asphalt varies based on factors such as type, quality, required quantity, geographical location, and market rates. You can contact Iran E Trade to inquire about the price of bitumen for asphalt.

Price of 40/50 bitumen

One type of bitumen used in roads and the construction industry is 40/50 bitumen. The numbers 40/50 indicate the softening point or temperature of the bitumen. This type of bitumen is suitable for use in asphalt, surface coating, insulation, and other applications. The price of 40/50 bitumen can vary depending on different factors. To inquire about 40/50 bitumen price, you can contact bitumen sellers, including Iran E Trade Inc.

Price of 60/70 bitumen

60/70 bitumen is a type of bitumen that is suitable for road construction and the building industry. It is classified based on its softening point. 60/70 bitumen is the primary material used in producing asphalt for road surfacing. This type of bitumen is known for its strong adhesion, flexibility, and resistance to temperature changes, making it an excellent coating material.

The 60/70 bitumen price varies depending on factors such as market rates, type and quality of bitumen, as well as economic and political conditions. If you want to find out the current price of 60/70 bitumen, you can contact Iran E Trade.

Sale of refined bitumen

Bitumen is a material obtained through the refining of crude oil. This type of bitumen is produced by refining petroleum materials and is widely used in various industries such as construction and road building due to its special characteristics. The following are the characteristics of refined bitumen:

• High purity: Bitumen is produced through precise refining processes, resulting in minimal impurities.
• Consistent quality: Refined bitumen exhibits consistent physical and chemical properties, making it highly suitable for industrial applications.
• Waterproof: Bitumen boasts excellent waterproofing properties, making it ideal for insulation purposes.
• High Adhesion: Bitumen demonstrates strong adhesion properties, which makes it suitable for use in road construction and surface coating.
• Thermal Stability: Refined bitumen is highly resistant to temperature changes and performs well in various environmental conditions.

Iran E Trade sells refined bitumen and exports this valuable commodity. You can contact this company to learn more about the refined bitumen price.

Production Process of refined bitumen

Producing refined bitumen is a complex and multi-stage process that is obtained from crude oil refining. We will continue to explain the stages of refined bitumen production in this section. In addition, you can contact Iran Trade to learn about the refined bitumen price.

The first step: Atmospheric distillation

The first phase of bitumen production begins with the atmospheric distillation of crude oil. During this stage, the crude oil is heated to 350-400°C and then inserted into the atmospheric distillation tower.

Different components of the crude oil are separated at various heights of the tower based on their boiling points. Lighter components such as gas, gasoline, and kerosene remain at the top of the tower, while the heavier debris settles at the bottom.

The second step: Vacuum distillation

As mentioned earlier, the heavy residue in the distillation tower settles at the bottom. These residues are transferred to the distillation unit in the vacuum tower. At this stage, the pressure inside the tower is lowered to reduce the boiling point of heavier materials.

This allows distillation to be carried out at lower temperatures and prevents thermal decomposition of the components. The remaining components are then separated based on boiling point at lower temperatures and pressures. Finally, heavier oils and bitumen base components are obtained.

The third phase: The air blowing process

Sometimes, air is blown into bitumen to improve its properties. This process increases the softening point and reduces the permeability of bitumen through oxidation and polymerization. Blowing air also enhances bitumen’s viscosity and resistance to temperature changes. As a result, the refined bitumen price generally varies depending on the processes carried out during its production.

The fourth phase: Mixing and adding additives

In some cases, special additives are included in the refining process to enhance the physical and chemical attributes of bitumen. For instance, polymers are utilized to enhance the flexibility and durability of bitumen against cracking.

Additionally, anti-oxidation materials are incorporated to extend the shelf life of bitumen and diminish its oxidative degradation. The bitumen price may vary based on its quality and characteristics, and each modified bitumen product is tailored for specific applications.

Important factors in bitumen pricing

The bitumen price is influenced by various factors, each of which can directly or indirectly impact its final cost. Here are some of these factors listed in this section:

• Bitumen Type: Different types of bitumen, including emulsion bitumen and asphalt, have unique characteristics and applications that influence their pricing.
• Quality and Standards: The price of bitumen increases with higher quality.
• Softening Point of Bitumen: The softening point of bitumen impacts its price, as bitumen suitable for different applications has varying softening points.
• Market Conditions and Pricing: Bitumen pricing is influenced by market supply and demand. Prices typically rise in times of high demand and low supply.
• Bitumen Production Location: The distance between the production location and the consumer affects the price, considering transportation costs.
• Global Bitumen Conditions: International market conditions and global crude oil prices also play a role in bitumen pricing.
• Purchased Amount: The quantity of bitumen purchased affects its price, with larger purchases often receiving discounts.

Does the bitumen have to be refined?

Refined bitumen indicates high quality and purity. Bitumen products from Iran E Trade are refined. Visit our website to check the bitumen prices.

Does purchased bitumen have a guarantee?

If you are looking to purchase bitumen for various applications, contact Iran E Trade. Our bitumen products come with a customer guarantee, and you can also visit our website to check the current bitumen prices.

What is the use of bitumen in tin packaging?

17 kg of bitumen in tin packaging is typically intended for more limited uses. Tin bitumen is commonly used for insulating houses, toilets, and other applications.