buy-bitumen.com: after a series of fluctuations in oil products market following crude oil prices fall and thanks to USD/Rls rate, Iranian market now can offer affordable prices for international traders and buyers.
In the Bitumen market prices are down to 431 USD per MT FOB BND for the most flexible payment terms, while the maximum price offered is around 460 USD per MT. The freight costs to Shanghai, Nhava Sheva and Jebel Ali remains the lowest, around 4-5 USD per MT adding local THC of 133 USD per 20' container (so called BOX)
Pasargad refinery seems to be more competitive in large quantities, while Jey Oil refinery offers better prices for low quantity orders.
Base Oil SN500 virgin is back to market with prices hovering around 980 USD per MT FOB BND. Sepahan and Iranol have offered Heavy Slack Wax this week in Iran Mercantile Exchange Market (IME) for 750 and 680 USD per MT FOB BND in new steel drums.
The senior Iranian gas official said development of gas pipelines has engaged the Iranian state a