bitumen from Iran - 60/70 grade

Iran Bitumen is getting gains on demand and price as well
check the daily price of bitumen

current price based on availability from Modiran company: 299 USD per MT FOB Bandar Abbas
put online order on our website

Iran Slackwax and Bitumen

Now we can supply Bitumen and Slack Wax from Iran

Bitumen and Slack Wax from Iran

Iran Bitumen (Asphalt) 60/70 & 85/100
packing: new steel barrels
Price: FOB Bandar Abbas 255 US$ / MT

30% Prepayment cash, Balance against BL docs
payment to Dubai Bank account

Iran Slack-Wax H08 (8%)
packing: new steel barrels
FOB Bandar Abbas 630 US$ / MT
payment 40% cash in advance, Balance against BL docs


contact me for further info you may need:

Emad Honarparvar
+98 912 118 3188 (preferably text with whatsapp)
email: emad [at] polymers [dot] com

visit our website to subscribe for news letter or see the daily prices and specs etc:
Iran Bitumen and Oil products

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Iran Bitumen, Asphalt and related Machinery Exhibition - January 2017

Hey! The most amazing event in the field of Bitumen, Asphalt, Emulsions, Machinery and industrial services in on the way in Tehran permanent fairground, Iran.
And you can meet our company there too!

Modiran Trading Company in Hall number 10

24-27th January 2017

Tehran Permanent Fairground, Iran

for registration, participation and visiting the exhibition, please visit: Iran Bitumen Exhibition

I can assist you in case you needed help with visa, participation etc.

Base Oil and Bitumen

We have this availabilities for a limited time offer (valid till 25th June 2016)

Base Oil, Origin Turkmanistan 
470 USD per MT FOB Bandar Abbas
Virgin SN180 and SN350

Payment:
20% cash in advance, balance against BL

Inspection + THC included
1000 MT or higher, monthly contract available

Ability to supply in Drums (adds cost)

Bitumen 60/70 and 85/100
FOB Bandar Abbas

245 USD per MT
20% cash in advance, balance against BL
in new steel drums
THC and SGS inspection included

Please contact: ogs @ irxp.com
or contact by WhatsApp: +98 912 118 3188

SGS report samples, test lab and specifications will be provided on demand.
Emad Honarparvar

Which Oil products will be hot in the coming Iranian New year?

The new Persian New year is starting soon. 1395 will begin 21st of March.
The Market will be closed in Iran for two weeks. not all the days are off, but we know by experience, trade will be off during these two weeks. especially transportation will be interrupted seriously.

Happy Norooz 1395

for the next year, which will be started soon, with void sanctions against Iran, the oil and petrochemical products market will be HOT!

RPO
Rubber Process Oil ended up this year around 230 USD per MT FOB Bandar Abbas

Base Oil SN500
SN500 virgin was traded around 510 USD per MT FOB BND in the last days

Sepahan Slack Wax
Slack wax (light and heavy) was traded 590 USD per MT FOB BND

Motor Oil SAE40
Iranol was selling this product around 125 USD per Barrel FOB BND till the last days

Bitumen 60/70 and 85/100
Iranian Bitumen is 205-210 USD per MT FOB BND these days

all the above products will be hot to trade next year too. but it is recommended to wait till the end of holidays to have precise and accurate quoting. also for a stable and sustained supply, do not plan to land transportation before April 5th.

Good luck!

will new oil prices affect Bitumen and other products' prices soon?

The declining oil price index turned to bullish as the Asian stock markets stabilized following heavy losses in the previous session, but weak oil market fundamentals with production levels persistently above global demand kept a lid on gains.

It seems the oil products and petrochemicals and polymers will follow the change in prices as the producers suffered a lot during the market shrinking period.

Benchmark futures surged as much as 4 percent on Monday to three-week highs as relations between Saudi Arabia and Iran soured following Riyadh's execution of a prominent Shi'ite Muslim cleric. But the rally fizzled and oil prices ended down after weak Asian and U.S. manufacturing data indicated a gloomy demand outlook.

By 0428 GMT on Tuesday (11.22 p.m. ET on Monday), Brent crude LCOc1 was up 25 cents at $37.47 a barrel, while U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 23 cents at $36.99 per barrel, both more than a dollar less than highs reached in the prior session.

Bitumen market on rock bottom prices

prices are rock bottom now and the high season in south east Asia is back!

Bitumen 60/70 - 85/100

in new steel drums

Inspection and THC included

Pasargad refinery analysis

FOB Bandar Abbas 310 USD per MT 

min order 500MT

Payment 20% cash in advance, 80% against BL docs

delivery time: 10 days

Payment 100% LC - 318 USD per MT

Please feel free to contact us: honarparvar @ gmail.com

Freight to India, China and all African ports available

What is Cut Back Bitumen?

have been confused by different types of Bitumen traded and used in industry? refined bitumen, Viscos Bitumen, Natural Tar (Bitumen), Cut back, Oxidised Bitumen, Emulsion etc...??!

let's see what are these different types of Bitumen, but I need to discuss each one in single posts!

this time let me tell you about Cut Back Bitumen

using Bitumen for Asphalt

refined or Penetration Bitumen is what we know mostly for famous grades of 60/70, 85/100 etc
this is the most traded bitumen. in Iran Jey refinery and Pasargad refineries (6 plants) are the most known suppliers.
what makes this bitumen, Cut Back, is the liquid solvent (mostly fuel or gasoline) mixed with it, to make the Bitumen less solid. so the Cut Back bitumen is also known as liquid bitumen. it decreases the viscosity and makes it easier to flow.
Depending on the type of solvent used, the Cut Back Bitumen will be Rapidly Curing (RC) or Slowly Curing (SC) or Medium (MC)

in Iran mostly we export MC in 250, 30, 60 etc grades. the price is sharply more than normal bitumen from vacuum bottom. right now we have an availibity MC250 480 USD per MT FOB Bandar Abbas

RPO and Bitumen from Iran

Hi everybody,

last availability of Persian Calendar year 1393!

I hope 2015/1394 would be a great year:

RPO (rubber process oil extract)

Pars Oil refinery, new steel drums, on Pallets 

500 MT

80 drums each 20 feet container

FOB Bandar Abbas 465 USD per MT

payment 30% cash in advance, Balance against BL

Bitumen 60/70 and 85/100

Pasargad refinery, new steel drums

FOB BND 349 USD per MT

payment 20% cash in advance, balance against BL

1000MT 60/70 - 1500 MT 85/100

please feel free to contact me for further information:

Emad Honarparvar

+98 912 149 6126 and +98 912 118 3188

cell, whatsapp and Viber

honarparvar @ gmail.com

visit www.buy-bitumen.com for specs and packing details.

Iran Bitumen and Base oil export

Base Oil SN500 virgin
in Flexitanks FOB BND 625 USD per MT
in new steel drums FOB BND 675 USD per MT

payment 30% cash in advance, balance against B/L

Bitumen 60/70 or 85/100
Jey refinery - in new steel drums
Pasargad refinery in original drums

FOB BND 345 USD per MT

payment 10% cash in advance, balance against B/L

for information please visit www.buy-bitumen.com or contact me:

Emad Honarparvar
+98 912 118 3188 (cell, whatsapp and viber)
+98 912 149 6126 (cell, whatsapp and viber)
honarparvar at gmail.com

Bitumen available from Pasargad and Jey oil refineries

Hi
well it seems the CST Fuel Oil market is dead!

back to Bitumen, we have this limited offer on both Jey and Pasargad oil refineries:

8000 MT Pasargad 60/70 Bitumen in new steel drums, ready to delivery stock in Bandar Abbas
ability to buy part of it, or partial shipment
FOB Bandar Abbas 384 USD per MT
10% cash in advance, balance against BL

2000 MT Jey 60/70 Bitumen in new steel drums
FOB BND 378 USD per MT
20% cash in advance, balance against BL

please feel free to contact me: honarparvar at gmail dot com
+98 912 118 3188 (cell, viber and whatsapp)

also please check www.buy-bitumen.com for specs and details. and feel free to join our group on google for more updates: https://groups.google.com/forum/#!forum/oil-products-market 

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.

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 :)

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: www.buy-bitumen.com

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: https://groups.google.com/forum/#!forum/oil-products-market  

Offers sent maximum once in a week

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 www.buy-bitumen.com or contact me honarparvar @ gmail . com

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

https://groups.google.com/forum/#!forum/oil-products-market 

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: https://groups.google.com/forum/#!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 www.buy-bitumen.com 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 @ irxp.com

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