Bitumen price in iran

It is true that the delivery power and tonnage of Iranian goods are high and the quality of our products is better compared to Arab countries, but in Iran we are dealing with other issues, including problems in the financial transfer process.

 

 

In these special circumstances, in order to sell our goods in the markets of the region, we must consider some features, such as creating attractiveness in pricing.

 

Under normal circumstances, every producer has the right to announce the price of his products at any price he wants, and this demand is right; But in the current situation, the price of goods should be determined according to market elasticity.

 

In some Asian markets, special discounts are levied on customs duties, which makes the cost of goods of these countries cheaper for the consumer compared to the cost of Iranian goods.

 

Currently due to the special situation that exists; Although Iranian bitumen has a better quality than Saudi bitumen, in order to compete with this country, we must prevent the export prices of domestic products from rising too much.

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Bitumen price in iran1

 

Factors affecting the price of Iranian bitumen

Export goods, especially oil and petroleum products, are traded in world markets using the dollar.

Therefore, the difference between the price of the dollar and the rial and the increase in the price of the dollar has a great impact on the price of exported bitumen.

Another factor influencing the price of exported bitumen is the cost of transporting bitumen.

 The most important factor influencing the price of bitumen is the global price of oil, which has a significant impact on the price of bitumen.

Because with the increase in the price of crude oil, the price of its products increases and with the decrease in the price of crude oil, the price of its products decreases.

Here are three key pointers in moving your bitumen forward:

1. Always follow geopolitical news from reputable sources.

2. Be aware of the exchange rate of bitumen producing countries compared to the dollar rate.

3. Keep up to date with your business regulations, export documents and shipping costs in bitumen producing countries.

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Bitumen price in iran

 

From 2007 to 2011, Iran determined the price of bitumen in the region, and the price was generally up.

 

As the second largest exporter of Asian bitumen, the first exporter of the Middle East and the fourth largest exporter in the world, Iran offers its bitumen for $ 100 less than the bitumen of a country like Bahrain.

 

This means that buyers of Iranian bitumen are waiting for the price of Bahrain bitumen to be determined, after which they will buy Iranian bitumen at a lower price.

This price gap comes as real Iranian bitumen supplied by the country's major producers is far superior to Bahrain's bitumen;

But what has caused Iran, as one of the world's top bitumen production and export powers, to lose the annual opportunity cost of about 480 billion tomans per 2.5 million tons and sell this profitable product less than the price of Bahraini bitumen products? Some see this as a sign of sanctions.

 

In 2012, Iranian bitumen was sold at a price of $ 625 per ton in the form of FOB Bandar Abbas.

The quality of Iranian bitumen in the region and Africa became famous.

 

Technical specifications: bitumen 60.70

 

Manufacturer: Iran

 

Minimum order: 200 tons

 

Maximum order: 200,000 tons

 

Type of transaction: Cash

 

Packaging: barrel

 

Description: Sale of export bitumen of Jey Oil Company

 

Price: 21,000,000 Rials less than Platts

 

Unit: 1 ton

 

Date: 2020/4/15

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Bitumen Types

Natural Bitumen: This bitumen is extracted from mines, which are used in many industries, including road construction, the paint industry, polish and insulation of tanks and tubes and molding
Coal Tar: Coal tar is a black or dark-brown a residue produced by the heat treatment of coal. It is a solid at room temperature
Petroleum Bitumen: Mixture of hydrocarbons derived from petroleum. Black or brown, it varies from viscous to solid ، producing by air blowing process vacuum bottom (crude oil derivatives)

 

Click to see the types of bitumen in Iran that are produced by Jey Oil Refining CO

Bitumen Application

Road: 90 percent of the bitumen is used in the construction and maintenance of roads
Roofing: 10 percent of the bitumen is used in the roofing and other (canals and tunnels, pipe coating)

http://www.jeyoil.com/en/page/bitumen-application

Chemical of bitumen

 

 

 

 

 

 

 

 

 

 

 

 

 

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Bitumen Production Process

Process by which compressed air is blown into vacuum bottom residue, typically at 230–260 °C in a reactor. This process results in complex reactions (such as Dehydrogenation، Polymerization، Oxidation). different grades for suited applications produced Due to ratio of air blowing

 

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