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.
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.
