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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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

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 :)

Iran Bitumen new offer

Dear friends,

After some fluctuations in currency market in Iran, we have now new stable prices for Bitumen:

Bitumen 60/70 and 85/100

New steel drums

FOB Bandar Abbas

522 USD per MT

For CIF price at your destination, or for other grades like 40/50, 80/100 or 100/120 please contact us.

For packing details, bitumen specification and other information you may visit our website: Iran Bitumen

email your orders and inquiries: honarparvar [at] gmail.com

or contact me on my cell +98 912 149 6126

Emad Honarparvar

Bitumen is back to market!

guys!
after 6 weeks of problems in bitumen supply, which was caused by some problems in Export permissions between government of Iran (ministry of commerce) and the refineries and also the custom offices, we have availability on Bitumen export again.

the price of Vacuum Bottom, the raw material for refined Bitumen has been risen up in last month, so the price of Bitumen follows the same trend and is higher than before again.

New price for Bitumen, in New Steel Drums (6 mm)
FOB Bandar Abbas : 550 USD per MT
origin Jey refinery, Isfahan, IRAN

please send your inquiries to honarparvar@gmail.com or call me directly +98 912 149 6126