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bitumen

  • EghtesadOnline: Iran’s monthly LPG output stands at 360,000 tons, of which close to 50,000 tons are distributed in the domestic sector and the rest is exported, showing a 50% rise compared to 2020.

  • Bitumen prices started 2020 with an unprecedented increase: the product was trading around $340-345/t in January. Many political incidents including the Middle East tensions supported the elevated bitumen prices in January and February.

  • EghtesadOnline: The Majlis has obliged the National Iranian Oil Company, to supply one million tons of free bitumen to executive organizations for construction projects in the current fiscal year (ends next March).

  • EghtesadOnline: A total of $450 million worth of bitumen have been exported from Iran since the beginning of the current fiscal year (March 21, 2019), according to Managing Director of Iran International Exhibitions Company Bahman Hosseinzadeh.

  • EghtesadOnline: Due to the rising cost of raw materials, prices of bitumen have gone so high that no one wants to buy it anymore.

  • EghtesadOnline: The National Iranian Oil Company will provide various ministries and governmental organizations with 4 million tons of free bitumen valued at up to 30 trillion rials ($714.28 million), a parliamentarian said.

  • EghtesadOnline: On the First Iran Bitumen and Asphalt Forum 2016, CEO of Iran Mercantile Exchange (IME) announced that the IME is about to launch future contracts and CDRs for bitumen.