Bitumen price (bulk bitumen barrel) today
The price of bitumen in the market is affected by various factors that can cause daily changes in its price. These factors include changes in the crude oil market, exchange rates, demand and supply, and economic and political conditions. Bitumen, which is one of the main materials in the road construction, construction, and sealing industries, is known as a product derived from crude oil, and therefore its price is directly related to fluctuations in oil prices. For example, when the price of crude oil increases, the price of this bitumen usually also increases, because bitumen is produced from the refining process of crude oil.
Factors affecting the price of bitumen
The price of this bitumen is affected by several factors, each of which can be examined separately:
Crude oil price: Since bitumen is a derivative of crude oil, changes in the price of crude oil directly affect the price of this bitumen. Any increase in the price of crude oil usually leads to an increase in the price of bitumen.
Exchange rate fluctuations: Given that bitumen is usually traded on the global market, currency fluctuations can change its price. In particular, changes in the US dollar to rial exchange rate can cause significant fluctuations in the price of bitumen in the Iranian market.
Demand and supply: In the bitumen market, if demand is greater than supply, prices tend to increase. Conversely, if supply is greater than demand, prices decrease.
Examining the effects of oil market changes on the price of bitumen
The oil market is one of the most important factors that directly affects the price of this bitumen. Because bitumen is a product derived from crude oil, any fluctuation in the price of crude oil usually causes a change in the price of bitumen. For example, when global crises such as wars, sanctions or economic crises occur, the oil market is severely affected and these changes directly affect the price of bitumen. For example, the price of Pasargad 60 70 bitumen can experience significant fluctuations in certain oil market conditions, which will affect the costs of various projects.
Comparison of the daily price of bitumen (bulk barrel of bitumen) in different markets
Daily price (Toman) Price changes compared to the previous month (%) Market conditions Bitumen type
20,500,000 +3% Increasing bitumen 60/70
22,000,000 +2% Fixed bitumen 85/25
25,500,000 +5% Increasing bitumen 90/15
21,000,000 +4% High volatility Jumbo bag bitumen
Types of bitumen and choosing the best option to buy
Bitumen is produced in different types, each of which has its own characteristics and applications. The choice of bitumen type depends on the project needs and environmental conditions. In the Iranian market, there are three main types of bitumen, which are: bitumen 60/70, bitumen 85/25 and bitumen 90/15. These three types of bitumen are suitable for different uses due to their different physical and chemical properties. If the volume of bitumen purchase is large, the price of jumbo bags of bitumen can be an economical and cost-effective option for large projects.
Bitumen 60/70 (loose)
Bitumen 60/70, also known as loose bitumen, is one of the most widely used types of bitumen. This bitumen has features such as low softening temperature (between 49 and 56 degrees Celsius) and high permeability (in the range of 60 to 70 mm). These features make bitumen 60/70 very suitable for construction and road construction projects.
Bitumen 85/25 (mixed)
Bitumen 85/25, known as mixed bitumen, is a combination of loose and hard bitumen and therefore benefits from the features of both types of bitumen. This bitumen is suitable for use in areas with different climatic conditions and is widely used in public construction and road construction projects.
Bitumen 90/15 (hard)
Bitumen 90/15, known as hard bitumen, has different characteristics. This bitumen has a high melting point and low permeability and is used in projects that require bitumen with greater hardness. Bitumen 90/15 is the best option, especially for projects that must be resistant to environmental factors.
Get the current price of bitumen G
Getting the current price of bitumen G is one of the most important steps in purchasing this product in bulk. In many construction, road construction and sealing projects, having accurate and up-to-date information on bitumen prices can facilitate decision-making. One of the easy ways to get the price of this bitumen is to inquire online from reliable sources. Online price inquiry allows you to quickly and accurately receive information about prices, discounts and delivery terms.
Bitumen 60/70 Oil G Price
The price of bitumen 60/70 Oil G may vary significantly depending on market conditions and fluctuations in crude oil prices. Currently, the price of this type of bitumen in the Iranian market is about 20,500,000 Tomans per barrel. This bitumen is used for many construction and bitumen projects due to its high flexibility and good resistance to moisture.
Bitumen Oil G Price
The price of bitumen Oil G is directly affected by the price of crude oil and exchange rate fluctuations. Currently, the price of bitumen G in the Iranian market varies between about 21,000,000 and 25,500,000 Tomans per barrel. These prices can fluctuate depending on the type of bitumen (60/70, 85/25 or 90/15) and market conditions.
Bitumen price on the stock exchange today
The price of this bitumen on the stock exchange is directly dependent on the price of crude oil and the exchange rate. The Petroleum Products Exchange, as the main market for determining the price of bitumen in Iran, determines prices daily based on supply and demand as well as the state of the oil market. Various factors can cause price fluctuations in this market, the most important of which are
