This material is primarily used in the production of asphalt and insulation because of its high adhesive qualities, resistance to water penetration, and long durability. Iran, endowed with rich oil resources and advanced refining infrastructures, is considered one of the major hubs for the production and export of bitumen worldwide.
The importance of this product in the development of urban and road infrastructure, coupled with high international demand, has created a special position for bitumen in the economy of the country.
Types of Bitumen and Their Applications
Bitumen is generally categorized into various types based on the production process and hardness level:
60/70 Bitumen
Known as penetrative bitumen, 60/70 bitumen is one of the most widely used types in asphalt production and road construction. Its suitable softening point and resistance to temperature changes are its outstanding features.
Barrel Bitumen
To facilitate transport and storage, bitumen is offered in barrel form. Barrel bitumen is more common in export markets, and there is high demand for it from international customers.
Bulk Bitumen
In large projects requiring significant amounts of bitumen, purchasing bulk bitumen is a suitable option due to reduced transportation and packaging costs.
Factors Affecting the Daily Price of Refined Bitumen
- Crude Oil Rates
As refined bitumen is a derived product of crude oil, its price is significantly influenced by changes in global oil prices. Any fluctuation in crude oil prices can lead to price volatility in the bitumen market. - Exchange Rates
Due to the dependence of refined bitumen exports on international markets, exchange rates and their changes impact the price of this product. Fluctuations in exchange rates can significantly affect domestic and export prices. - Supply and Demand
Fluctuations in demand in domestic and international markets, especially during specific seasons (such as the construction season), can lead to increases or decreases in refined bitumen prices. Additionally, the supply from refineries also plays an important role in determining its price. - Transportation Costs
Transportation costs, including the transport of refined bitumen to various parts of the country or its export to other countries, affect the final price. Particularly in remote areas or target export countries, transportation costs can significantly impact the price of this product. - Technical Characteristics of Bitumen
The type of refined bitumen (e.g., 60/70, 80/100, 100/120) and its specific characteristics can also influence the price. Higher-quality bitumens or those with special features, such as better resistance to weather conditions, generally have higher prices.
How to Purchase Export Bitumen
To purchase export bitumen, clients should pay attention to the following points:
- Quality Check: Since bitumen is sensitive to weather conditions and time, its quality must comply with international standards.
- Price Comparison: Given the price differences in global markets, it is advisable to compare the current prices and purchasing conditions from various suppliers.
- Transportation Conditions: Depending on the volume and type of bitumen purchased, careful review of transportation and packaging conditions is necessary.
- Contract Confirmation: After reaching a final agreement, a purchase contract detailing specific terms should be drafted.
Iranian Export Bitumen
Iranian export bitumen is one of the highest quality types available in the global market, being extensively used in large construction projects, road construction, and insulation due to its unique features.
Iran has consistently been one of the largest exporters of bitumen in the world by producing it in accordance with global standards. Iranian export bitumen is available in various types, such as penetrative bitumen, blown bitumen, and polymer-modified bitumen, and is supplied to various countries worldwide.
Due to its competitive pricing, high quality, and suitable resistance to temperature variations, this product enjoys significant popularity in international markets.
