Wednesday, December 31, 2014

Base Oil from Iran

"the world wisely prefers happiness to wisdom!" Will Durant
So I wish you a HAPPY NEW YEAR 2015 :-)

we have Virgin Base Oil availability

Base Oil SN500 virgin
Naft Pars refinery

In new steel drums 860 USD per MT FOB BND
20MT flexi Tank 750 USD per MT FOB BND
Bulk 720 USD per MT FOB BND

Payment 20% cash in advance, balance against BL

Feel free to contact us for further information or visit
contact me: honarparvar at or +98 912 118 3188 (cell, viber, whatsapp) good luck

Saturday, November 29, 2014

to where the oil price falls?!

Oil prices are set to fall after couple of co-incidents, 5 reasons Chris Pedersen writes bellow and latest failure OPEC made in their meeting last Thursday. We believe this fall is dangerous for future of world economy, because it can cause in a boom later in the prices, as some of oil producers will go out of production due to low prices of oil and high expenses of extraction. So our forecast is the prices will drop to low 60 USD per barrel and stays for a period of maximum 10 months, and then it will racket to 2008 high picks in a year. In the meantime oil products like Bitumen, Base oil etc will follow oil prices with a lag.

As oil prices continue to fall, analysts and producers are trying to wrap their heads around the reasons and identify a floor price. Even though crude benchmarks like Brent and WTI keep dropping, the cost of finding oil continues to rise. What are some of the key drivers that have created this paradox?

1. The U.S. Oil Boom
America’s oil boom is well documented. Shale oil production has grown by roughly 4 million barrels per day (mbpd) since 2008. Imports from OPEC have been cut in half and for the first time in 30 years, the U.S. has stopped importing crude from Nigeria.

2. Libya is Back
Because of internal strife, analysts have until recently assumed that Libya’s output would hover around 150,000-250,000 thousand barrels per day. It turns out that Libya has sorted out their disruptions much quicker than anticipated, producing 810,000 barrels per day in September. Libyan officials told the Wall Street Journal last week that they expect to produce a million barrels per day by the end of the month and 1.2 million barrels a day by early next year.

3. OPEC Infighting
There have been numerous reports about the discord between OPEC members, leading many to believe that OPEC will not be able to reign in production like it has done so in the past. The Saudis and Kuwaitis have reportedly been in an oil price war, repeatedly lowering their prices in order to maintain their market share in Asia. John Kingston, the news director at Platts, believes that the Saudis will not be willing to give up market share like they have done during previous price drops.

4. Negative European Economic Outlook
European Central Bank president Mario Draghi has left investors concerned about the continent’s slow growth. Germany’s exports were down 5.8 percent in August, stoking the fears of anxious investors that the EU’s largest economy had double dipped into recession last quarter. Across the Eurozone, the IMF again lowered its growth forecast to 0.8 percent in 2014 and 1.3 percent in 2015.

5. Tepid Asian Demand
Beyond slow economic growth and currency depreciation, a number of Asian countries have begun cutting energy subsidies, resulting in higher fuel costs despite a drop in global oil prices. In 2012, Asia’s top spenders on energy subsidies, as a percentage of GDP included: Indonesia 3 percent; Thailand 2.6 percent; Vietnam 2.5 percent, Malaysia 2.3 percent, and India 2.3 percent. India is a primary example. Between 2008-2012, India’s diesel demand grew between 6 percent and 11 percent annually. In January 2013, the country started cutting the subsidies of diesel. Since then, diesel consumption has plateaued.

Tuesday, November 11, 2014

Bitumen prices coming down?

there are certain signals showing Iranian origin Bitumen suppliers have to decrease their offering prices. below are some reasons:
Our Drumming facility in Isfahan - Segzi Industrial Zone

  • Int'l oil prices have decreased dramatically over passed months, back to its lowest rate in three years
  • Vacuum Bottom prices lowered following to oil prices
  • Market demand is not answering positively to current prices especially in India and China
  • USD to Rial rate seems stable above 1 USD to 32000 Rials

if these facts work together properly, the price of Bitumen should fall about 5% to its current rates.
let's hope for good days :)

Monday, October 20, 2014

Bitumen with LC payment now available

Hey Guys!
I'm more involved with our Group on Google (JOIN HERE) to keep our clients updated and informed about latest offers. This is latest limited offer from my company I published on the Group:

Iran Bitumen 60/70 and 85/100 (new steel drums)
maximum 1000 MT FOB Bandar Abbas 517 USD per MT
Payment 100% LC

Iran Bitumen 60/70 and 85/100 (new steel drums)
1000 MT FOB Bandar Abbas 504 USD per MT
Payment 100% Cash in Advance

RPO Iranol in new steel drums, from Iran
1000 MT CFR Shanghai 685 USD per MT
payment 50% cash in advance, balance against B/L

Slack Wax, Light / Abadan - Iran
1000 MT CFR Shanghai 750 USD per MT
second hand steel drums
payment 50% cash in advance, balance against B/L

please contact me: honarparvar at gmail dot com
or call me +98 912 118 3188 - +98 912 149 6126

Emad Honarparvar

for specs:

Wednesday, September 24, 2014

What is Cut Back Bitumen? and why we don't supply cut back bitumen??

Cut Back Bitumen a.k.a. MC Asphalt is simple same Bitumen refined from Vacuum Bottom, mixed with specific amounts of petroleum distillates such as kerosene or Gasoline. This process reduces the viscosity of the bitumen temporarily, so the penetration for pavements will be more effective and allows spraying at temperatures that are too cold for successful sprayed sealing with neat bitumen. The materials used to cutback bitumen will evaporate after application to leave the remaining material similar in hardness to the original bitumen.

So it's great! Why we do not trade it? Why it's forbidden in many countries to use?

The answer is simple: environment! We have environment concerns using and trading cutback bitumen. As said above, Cutback asphalts contain volatile chemicals that evaporate into the atmosphere. Emulsified asphalts evaporate water into the atmosphere. Also the cutback bitumen has loss of energy sources. The petroleum solvents used require higher amounts of energy to manufacture and are expensive compared to the water and emulsifying agents used in emulsified asphalts.

In Iran, EPE (police department who fights trafficking and smuggling of products and currencies) stops cutback bitumen to be exported because of uncontrolled amounts of fuel mixed in bitumen.

We do not deal and trade Cut Back Bitumen, and I suggest you not to use this bitumen for environmental reasons too.

Take a look at our google group and subscribe to have latest offers:!forum/oil-products-market  
Offers sent maximum once in a week

Wednesday, September 17, 2014

Bitumen, Slack Wax and Residue wax from Iran

Heavy Slack Wax from Behran Oil
Bulk FOB Bandar Abbas 655 USD per MT
New steel drums FOB BND 705 USD per MT
contact for CIF price

Bitumen 60/70 Jey refineryNew steel drums FOB BND 512 USD per MT
Residue Wax (foots Oil) Abadan refinerynew steel drums FOB BND 765 USD per MT
for further information on packing, specification and shipping costs, please visit or contact me honarparvar @ gmail . com

Please join our group on Google to keep update on topics or follow this weblog:

Wednesday, September 3, 2014

always know what is available on Oil Market!

Business nowadays is about getting informed earlier and act quicker. Early birds have the chance to close the deal.

we have ways to keep you in touch and updated:

keep updated with Iran Bitumen and Oil Products Market!

  1. Join our Google Group:!forum/oil-products-market
    we send maximum two emails per month, no adverting and no third party sharing
  2. Subscribe to this weblog and stay in touch with us.
  3. go to and subscribe our newsletter. the monthly catalogue helps you stay in touch with us.
our policy is to only send professional and serious offers, and maximum two offers per month. too much emails in mail box is annoying and we know that.

you can always contact us by sending email to ogs @

Sunday, August 24, 2014

Granule Sulfur and Residue Wax (foots oil) from Iran

Hey guys!
Bitumen market is slow? prices are not good so you can't offer your clients?
don't worry!
we have other products with very competitive prices!

Sulfur Granule
30,000 MT Sulfur Granule
FOB Bandar Abbas
177.35 USD per MT

Residue Wax (Foots Oil)
oil content 65-70%
500 MT per month
ask for quoting

honarparvar [at] gmail dot com
call me +98 912 118 3188

Friday, August 22, 2014

understanding payment logic dealing Iran oil products (L/C vs TT)

In D2 (Gas Oil) deals, many feel lot and confused in payment terms.
Don't be guys! this is oil business, you have to be smart and finding your way through difficulties, possibilities and opportunities. understanding the TTO procedure is easy if you try to understand the logic behind. 
Payment methods are a bottle neck for many deals

Why some traders are not accepting LC payments?
there are different possibly right answers for that: 

  1. embargoes and sanctions on Iran banking system
  2. funding problems for commodities which need the trader to pay in advance to refineries and petrochem complex (suppliers) 
  3. extra cost LC puts on supplier and makes the price uncompetitive 

I will write more about TT payments which we use on Bitumen trade. in this post, just going through the TTO procedure (I do not use this payment method in my own company!):

PROCEDURE TTO (only used for D2, LPG and other fuels)

1. Buyer and seller sign and seal contract including banking coordinates and exchange the signed copy by electronic mail. The electronic signed copy by both parties is considered legally binding and enforceable, the executed spa is lodged in their respective banks.
2. Buyer returns the signed spa to the seller, with his ATB and supercargo details to enable seller issue marine ATB
3. Seller shall nominate, load a vessel and forward to buyer verifiable cargo documents including: bill of lading, certificate of quality, certificate of origin, cargo manifest, tanker report, master receipt of cargo.
4. Upon confirmation of documents, buyers bank issues MT760 (blocked fund) of 100% value of total cost of cargo to sellers bank in favor of seller
5. Seller upon confirmation of the confirm-able MT760 (blocked fund), reassigns loaded cargo documents to buyer. the seller get naval/nnpc outward  clearance and board buyer’s inspector and supercargo for the purpose of conducting Q&Q and physical confirmation by issuing matb through vessel captain.
6. the buyer receive the Q&Q report and all relevant cargo documents sent through sellers bank to buyers bank and buyers bank effect full payments within 72hrs by swift KTT transfer to seller nominated bank account and all mandates and facilitator’s accounts as per the spa.

7. The seller confirms payments and clear vessel to sail voyage to buyer’s destination port.
Deal closed with possible roll-over

Monday, August 11, 2014

importance of drumming quality in trading Bitumen

I have written a lot about Bitumen quality, drumming importance and mixing bitumen with contaminants. today I received below email from a Bitumen buyer, which was affected by low quality drums. in this case it is not about the Bitumen quality, no contaminants, but bad packing.

(sorry for bad English, it is  exactly copied!)

Dear friend,
Please note that some traders and drummers are selling bitumen with a very low quality drums. The drums they produce are very poor and  frail . they sell the drum to buyers with same price that inform as IME for new steel drum and buyers don’t know until when open the containers in discharge port

Because a lot of water by the rain into barrels , This makes after placing the barrel in  containers , you will believe that drum is good and no leakages but after open container you will be see how much bitumen  Spilled on the floor of the container . when you want unloading the drums from containers you will be see With the slightest shaking, the barrel will be  leak  and begins to drain bitumen .  

this is ab-usage the name and reputation of the company also ab-usage of buyers trust .  I collected some of photos from Damaged buyers that you can see . please share the problem with all buyers in all website and group until we To prevent major fraud on the trade of bitumen in Iran.

bad quality drumming affects Bitumen buyers and traders

Wednesday, August 6, 2014

Bitumen, Slack Wax and RPO from Iran - valid till 12 Aug 2014

Bitumen 60/70, packed in new steel drums, Jey refinery

FOB Bandar Abbas 519 USD per MT

payment: 50% cash in advance - 50% against B/L

Africa (all sea ports) - India, China etc


Slack Wax, Light - Abadan refinery, packed in Second hand drums

FOB Bandar Abbas 765$ per MT

CNF Nhava Sheva or CNF Shanghai 775 USD per MT


Slack Wax, Heavy - Iranol refinery, packed in Second hand drums

FOB Bandar Abbas 820$ per MT

CNF Nhava Sheva or CNF Shanghai 830 USD per MT


RPO Sepahan refinery, packed in new steel drums

FOB Bandar Abbas 705USD per MT

CNF Nhava Sheva or CNF Shanghai 715 USD per MT


Petrolotum Iranol, packed in second hand drums

FOB Bandar Abbas 1040 USD per MT

CNF Nhava Sheva or CNF Shanghai 1050 USD per MT


for further information on CNF prices contact us. for Specification and technical data visit our website: