Last week we faced an increase of $20/t in prices of Iran export bitumen because of higher VB prices and positive changes in Rial currency. The market was almost quiet and demand was slow in most part of Asia due to lunar new year holidays, however Indian buyers were after lower prices through port inventories or previous stocks. Suppliers were not ...

Bitumen Bazaar is a leading media organization in the Middle East with a focus on global news and statistical data and information about bitumen as a key product of petroleum refining. Bitumen Bazaar is the first and only specialized media in the field of bitumen industry and market with an official license in Iran. We observe the oil market closely ...

All commodity markets are in a state of shortage right now, Jeff Currie, global head of commodities research at Goldman Sachs, said on Monday, noting that he had never seen anything like the current tightness in his 30-year-long career. “I’ve been doing this 30 years and I’ve never seen markets like this,” Currie told ...