Instability in bitumen prices because of volatile USD to Rls rates are seen.
Bitumen exporters and importers can benefit from this conditions, but this can also make every agreement fragile. understanding the fundamentals of price trends can help traders to secure their deals.
anyway, the new price is:
460 USD per MT
FOB Bandar Abbas
a new record low since 2010, as I can remember.
CIF Mombasa 575 USD per MT
please contact for more CIF based prices.
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