Iran Bitumen Price Fluctuations

Iran Bitumen Price Fluctuations

Iran Bitumen Price Fluctuations

Bitumen prices went from 190.00 USD/MT FOB Bandar Abbas basis in Mid March 2016 to 235.00 to 245.00 USD/MT in early August 2016.

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Will bitumen prices increase or decrease in the coming months?
If you can’t have both, what matters most, quality or price?
What’s your prediction about the future prices of Bitumen?

 
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Jey oil Refinery - Pasargad Oil Refinery sole agents

Jey oil Refinery – Pasargad Oil Refinery sole agents

Jey oil Refinery – Pasargad Oil Refinery sole agents: While exportable bitumen is sold strictly via Iran’s stock exchange, we often read false advertisements on Linkedin, or similar social media networks that certain brokers are Jey oil Refinery’s – Pasargad Oil Refinery’s sole agents which are Iran’s Government bitumen producers. This claim is false as anyone which wishes to sell their bitumen must purchase it via the Stock Exchange or someone who initially purchased it through Iran’s Mercantile Exchange.

Jey Oil Bitumen – Pasargad Oil Bitumen

jey-oil-bitumen-pasargad-oil-bitumen
Image of Jey Oil embossed bitumen

Jey Oil Bitumen – Pasargad Oil Bitumen

Our journey in the export of bitumen began some 15 years ago. It was during the period bitumen was strictly exported through a Government bitumen producer. Before the emergence of private bitumen producers Jey Oil Refinery was sold in bulk to privately owned drumming plants in the outskirts of the refinery . Still today, in the year 2017, we are  exporting bitumen from Jey Oil Refinery. A few more refineries have been added to our trusted list of bitumen producers.  Owned by the Government, this includes, Pasargad Oil Refinnery, which is another high quality bitumen producer. In our business partnerships and alliances wer have two high quality bitumen refineries which claim as our own.  Iran Bitumen  invites you to join hands with us and take advantage of our capabilities in our supply cacpabilities for Jey Oil Bitumen – Pasargad Oil Bitumen in multiple grades.

 

 

 

 

Iran bitumen supplier-Iran Bitumen

Iran bitumen supplier

Iran bitumen supplier-Iran Bitumen

Whether you call yourself Isfahan bitumen, Saudi Bitumen suppliers, Iran bitumen exporters, or Iran bitumen supplier, all of Iran’s high quality bitumen which is legally “exportable” is strictly sold via Iran’s Stock Exchange. This is made possible under the Free Trade Act imposed in the year 2005 for bitumen. In fact,  many of the strategic petrochemical products produced in Iran became sell-worthy via a bidding process designed by the Government Exchange organization. This means that at some point the bitumen you purchase has undergone this purchasing process.

Iran bitumen company proudly makes no false claims nor distorts the truth about it is abilities in its supply capacity of high quality road bitumen.  Because we value our name and our clients we don’t take any shortcuts to reduce the cost of our bitumen to create the illusion of being able to supply bitumen at surprisingly and unusually low rates. Iran bitumen has always maintained that very low values and unusual rates are a sign that your bitumen may not be pure in quality.  Making it unworthy for road construction. Lack of purity can cause the road to require early repairs (as early as 6 months)versus much longer periods (years) when using high quality road bitumen.

don't buy low quality bitumen from bitumen suppliers

Low quality bitumen can catch on fire

Low quality bitumen can catch on fire

Reports made to us of contained fire accidents in 2 Bitumen refineries using Fuel oil to produce low quality bitumen have emerged. In case, you are not aware, Fuel Oil also known as Mazut has no place in bitumen production. However, it’s known to be widely used by some bitumen suppliers.  This low quality stockfeed is used to produce low quality bitumen which is not suitable for road construction and because fuel oil maybe added to it it can catch on fire.

We urge all bitumen buyers to be diligent before they place an order for bitumen. Some suppliers may also purchase bitumen unknowingly from a mixed bitumen producer and and become victims themselves.

Please also read: Low quality Warning

 

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by Iran Bitumen  and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Cheap Bitumen Suppliers

Cheap Bitumen Suppliers

Cheap Bitumen Suppliers

Ever since Bitumen became available in the Stock Exchange many new bitumen suppliers emerged and among  them cheap Bitumen suppliers, which most of these said suppliers are mainly focused on the price of the bitumen they offer rather than its quality. Although, these essentials are still at play today, we are witnessing a downward trend in bitumen buyers whom knowingly seek low quality bitumen. This could be owed to an increase in awareness among bitumen importers that cheap bitumen also known as mixed bitumen in the end will cost the buyer more in unforeseen expenses. One of the indicators that a bitumen exporter is selling you cheap bitumen ( low quality bitumen) is through their remarkably lower price than all  of other bitumen suppliers price offers. If bitumen buyers were aware of  the actual cost of producing bitumen then they could clearly distinguish a good quality supplier from the opposite more distinctively. With this in mind, anyone selling Bitumen below production cost can be deemed as a major risk and should be studied carefully. Of course, there are always exceptions to this rule as in certain cases a bitumen supplier may have bought bitumen and a short time after bitumen prices increased, hence their special offer.  However those supplies are very limited.

It is noteworthy to mention that some bitumen buyers are partially at fault, as many of them encourage such low rates and behavior by demanding lower prices. However they must all live with the regret in securing such poor quality for their Road Construction project or their buyers alike as the chance for repeat business from their concerned party is next to none.   While healthy suppliers at times move at a snail’s pace in sales, the low quality bitumen suppliers enjoy higher sales.

What is more important if you can’t have both quality or the price of bitumen? Share your thoughts with us and leave us a comment. info@iran-bitumen.com

Results of using low quality bitumen
Results of using low quality bitumen