all the major oil refineries supplying bitumen have been told to stop delivering new orders to traders and brokers today! this includes Jey Oil Refinery and Pasargad Oil Refinery in Isfahan, Arak, Tehran and Bandar Abbas.
the price of drummed bitumen FOB Bandar Abbas is still 450 USD per MT but it may rise because of new policies applying on export procedure and tariff or any change in oil product export rules and regulations.
I think the high USD to Rial rate which achieved recently and caused a sharp drop in all oil products including Bitumen, Base Oil etc has forced or lead the government to reconsider the export fees and costs for more trade income.
in a short run it can impose high end prices and drop in total revenue for brokers, traders, refineries and the government, but if the added expenses are reasonable, in mid term and long run it can improve the trade income of the government while it doesn't damage trade volume.
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