Bitumen Price Today 2026 – Bitumen 60/70, 80/100 & VG30
FOB and CFR Prices
Bitumen Price Today 2026
📅 Last updated: 9 November 2026 (Week 46) · Updated weeklyIndicative price. Final offer depends on quantity, packing, and freight.
Looking for the bitumen price today? The table above shows the current indicative bitumen price per ton at four major export and destination ports. The Jebel Ali bitumen price reflects FOB re-export terms from the UAE, the Mersin bitumen price covers FOB shipments from Turkey, the Bandar Abbas bitumen price is shown as an FOB market reference only — CFR loading from Iran is suspended while the conflict continues — and the Port Klang bitumen price is shown CFR Malaysia ex-Mersin, including ocean freight. All four prices are for Bitumen 60/70 price grade and are updated weekly — contact our trading desk for an official quotation matched to your quantity, packing, and destination port. For indicative CFR prices in 82 importing markets, see Bitumen Price by Country; for past weekly and monthly prices, see the Bitumen Price History archive.
What is the current bitumen price today?
Bitumen 60/70 (9 November 2026, Week 46): $465/MT FOB Bandar Abbas, $650/MT FOB Jebel Ali, $620/MT FOB Mersin, and $710/MT CFR Port Klang (ex-Mersin) — new steel drum, FOB prices up $5/MT since the last update (28 October), indicative weekly ranges, not guaranteed offers. Brent crude: about $95/bbl. Jumbo bag $455/MT and bulk $370/MT, also FOB Bandar Abbas. Raha Oil is a UAE-based bitumen supplier providing weekly FOB and CFR price updates for international buyers — contact us for an official quotation.
Bitumen Price Today – Indicative FOB & CFR (November 2026)
Prices below are indicative weekly market ranges for FOB Bandar Abbas in USD per metric ton (MT). They are updated every week based on Iran Mercantile Exchange (IME) auction results, vacuum bottom feedstock costs, USD/IRR exchange rate movements, and direct refinery quotes. These are not guaranteed offer prices. Final prices depend on order quantity, packing type, refinery source, inspection requirements, and shipping schedule. Contact Raha Oil for an official quotation. While loading at Bandar Abbas is interrupted, Iranian FOB prices are published as a market reference only; all CFR cargo currently loads at Mersin and İskenderun, Turkey.
FOB Price Table – Bandar Abbas & Mersin (9 November 2026)
| Grade | Standard | Packing | Origin | FOB Price (USD/MT) | Source | CFR Availability | Status | Updated |
|---|---|---|---|---|---|---|---|---|
| Bitumen 60/70 | ASTM D946 / EN 12591 | New Steel Drum | Iran (Bandar Abbas) | $465 | Private Factory | Suspended – FOB ref. only | Available | 9 Nov 2026 |
| Bitumen 60/70 | ASTM D946 / EN 12591 | Jumbo Bag | Iran (Bandar Abbas) | $455 | Private Factory | Suspended – FOB ref. only | Available | 9 Nov 2026 |
| Bitumen 60/70 | ASTM D946 / EN 12591 | Bulk (Vessel) | Iran (Bandar Abbas) | $370 | Private Factory | Suspended – FOB ref. only | Available | 9 Nov 2026 |
| Bitumen 60/70 Embossed | ASTM D946 / EN 12591 | New Steel Drum | Iran (Bandar Abbas) | Not Available | Jey / Pasargad (IME) | N/A | Unavailable | 9 Nov 2026 |
| Bitumen 80/100 | ASTM D946 / EN 12591 | New Steel Drum | Iran (Bandar Abbas) | $475 | Private Factory | Suspended – FOB ref. only | Available | 9 Nov 2026 |
| Bitumen 60/70 – Turkey Origin | ASTM D946 / EN 12591 | New Steel Drum | Turkey (Mersin) | $620 | Private Factory | Yes – all CFR lanes | Available | 9 Nov 2026 |
| Bitumen 115/15 (Oxidized) | Blown / Oxidized | New Steel Drum | Iran (Bandar Abbas) | $505 | Private Factory | Suspended – FOB ref. only | Available | 9 Nov 2026 |
⚠️ Prices are indicative weekly market ranges — not guaranteed offers. Final price confirmed in proforma invoice. Minimum order: 100 MT (containerized) / 3,000 MT (bulk tanker). Request an official quote →
Packing Type & Container Loading Guide
Container loads are standard export practice figures. Actual capacity may vary slightly by drum brand, stacking arrangement, and container tare weight.
| Packing Type | Unit Net Weight | Per 20ft Container | Net MT / Container | Price vs. Drum | Best For |
|---|---|---|---|---|---|
| New Steel Drum | 180 kg net | ~110 drums | ~19.8 MT | Base price | Standard export, most destinations, no special storage needed |
| Jumbo Bag (1,000 kg) | 1,000 kg net | ~20 bags | ~20 MT | $10–20/MT cheaper | Buyers with heated storage at destination |
| Bulk Tanker | Full vessel cargo | Heated tanker vessel | Min. ~3,000 MT | $30–50/MT cheaper | Large importers and terminal operators |
Weekly Bitumen Market Update – 9 November 2026
Price Change Since the Last Update (Week 44 → Week 46)
| Price point (Bitumen 60/70 unless stated) | 28 Oct 2026 (Week 44) | 9 Nov 2026 (Week 46) | Change |
|---|---|---|---|
| FOB Bandar Abbas – new steel drum | $460/MT | $465/MT | +$5/MT |
| FOB Bandar Abbas – jumbo bag | $450/MT | $455/MT | +$5/MT |
| FOB Bandar Abbas – bulk | $365/MT | $370/MT | +$5/MT |
| Bitumen 80/100 · VG30 · VG40 – FOB Bandar Abbas, drum | $470/MT | $475/MT | +$5/MT |
| Oxidized 115/15 – FOB Bandar Abbas, drum | $500/MT | $505/MT | +$5/MT |
| FOB Jebel Ali (UAE) | $645/MT | $650/MT | +$5/MT |
| FOB Mersin (Turkey) | $615/MT | $620/MT | +$5/MT |
| CFR Port Klang ex-Mersin – drum | $705/MT | $710/MT | +$5/MT |
| Brent crude oil | $116/bbl | $95/bbl | −$21/bbl |
Every origin rose $5/MT and CFR Port Klang moved by the same amount because its Maersk freight ($500/40'HC) is unchanged. Week 46 build-up: FOB Mersin $620 + ocean freight $20.8 + documents $5 + transit financing $25 + Turkish inland haulage & stuffing $39 = $710/MT. No update was published for Week 45 (4 November), so changes are measured against Week 44. No new carrier quotes were received this week; all 91 lanes keep their last quoted rate after a market check against the Drewry World Container Index.
Crude Oil Market
Brent crude fell to about $95/bbl from $116/bbl on 28 October — a drop of about $21/bbl (−18%) that erases the whole October rally. Bitumen has not followed yet: offers rose $5/MT at every origin, because bitumen usually tracks crude with a lag of two to four weeks — cargo offered today was produced from feedstock bought at October prices. A $10/bbl Brent move typically shifts bitumen $15–25/MT, so if crude holds near $95/bbl the pressure on offers is now downward.
↘ Falling crudeVacuum Bottom (VB) Feedstock
Vacuum bottom feedstock costs at Iranian refineries have not yet reflected the fall in crude: refiners are still processing feedstock priced in October, which is behind this week's $5/MT rise in Iranian FOB offers. Refinery throughput remains adequate, so VB availability for bitumen production is not a constraint.
→ Lagging crudeRefinery Supply (Iran)
Private refineries around Bandar Abbas are operating at normal capacity. Jey and Pasargad premium grades remain off the IME, tightening supply of embossed product. Private factory supply is adequate.
→ Normal capacityShipping & Freight
With Bandar Abbas loading suspended, all CFR cargo moves ex-Mersin and İskenderun. No new carrier quotes arrived this week, so the 91 lanes were checked against the market: the Drewry World Container Index slipped 1% to $4,389 per 40ft on 5 November, with Shanghai–Genoa stable at $4,166. The November increases carriers have announced are mainly on Asia-origin trades (Asia–Mediterranean FAK rates and Africa peak-season surcharges), not on our Mersin-origin lanes, so every carrier rate is unchanged. Southeast and East Asia still run about $17–21/MT; Gulf ports via Suez remain the most expensive ($215–333/MT). Lower Brent should start to feed into lower bunker surcharges from December.
→ StableDemand – Africa
East African demand (Kenya, Tanzania, Ethiopia) remains firm, with government road tenders driving enquiries for Q4 2026 and early-2027 deliveries. Freight to the region was unchanged this week — Djibouti about $167/MT and Mombasa $142/MT — but East African lanes ex-Mersin ($142–250/MT) remain the main cost hurdle for CFR buyers.
↑ Rising demandDemand – Asia & GCC
Bangladesh and Malaysia maintain steady import volumes. GCC markets (Saudi Arabia, Oman) are selectively sourcing Iranian grades via third-country arrangements. India continues preferring domestic VG-30 supply.
→ SteadyCFR Bitumen Price by Destination Port — ex-Mersin / İskenderun
All CFR shipments currently load at our Turkish ports, Mersin and İskenderun. The table below carries live carrier rates for 91 lanes to 69 countries, on a $620/MT FOB Mersin base. For indicative CFR prices in 82 importing markets, see Bitumen Price by Country; for a destination not listed, contact our trading desk.
The rates below are actual carrier quotations held by Raha Group's Mersin desk, not modelled estimates. They apply to Bitumen 60/70 shipped from our Turkish load ports, Mersin and İskenderun, on a $620/MT FOB Mersin base. Container rates are converted to a per-tonne basis at 24 MT per 40' HC and 20 MT per 20' DC. Where two carriers serve the same port, both are shown so buyers can trade transit time against cost. Every CFR figure also carries ~$5/MT documentation and survey, ~$39/MT inland trucking to port and container stuffing in Turkey (about $37/MT trucking plus ~$50 per container stuffing; where a forwarder's all-in package already includes stuffing, only the ~$37/MT trucking is added), and a transit financing charge of $20–40/MT — the cost of capital tied up while the cargo is at sea. Financing scales with transit time ($20 up to 30 days, $25 for 31–45 days, $30 beyond 45 days) and adds $10 for ports with slow clearance or payment risk. For each port the most recent quote is the reference; another carrier is shown only if it quoted within 30 days of that rate, and dangerous-goods (DG) rates are dropped where a normal-cargo rate exists. The Quoted column shows the exact date of each rate — 37 of the 91 lanes were quoted in October 2026. Short-sea Asian lanes land around $703–$710/MT CFR; CFR Port Klang in new steel drum is $710/MT.
| Destination Port | Country | Carrier | Transit | Free Time | Ocean Freight | Freight (USD/MT) | Transit Financing (USD/MT) | CFR 60/70 (USD/MT) | Quoted |
|---|---|---|---|---|---|---|---|---|---|
| Tuas Port | Singapore 🇸🇬 | Maersk | 30 days | 14 days | $450/40'HC | $19 | $20 | ~$703 | 20 Aug 2026 |
| Sihanoukville | Cambodia 🇰🇭 | Maersk | 45 days | 15 days | $400/40'HC | $17 | $25 | ~$706 | 28 Oct 2026 |
| Haiphong | Vietnam 🇻🇳 | Maersk | 40 days | 4 dem / 3 det | $450/40'HC | $19 | $25 | ~$708 | 26 Oct 2026 |
| Ho Chi Minh City | Vietnam 🇻🇳 | Maersk | 45 days | 4 dem / 3 det | $450/40'HC | $19 | $25 | ~$708 | 25 Sep 2026 |
| Hong Kong | Hong Kong 🇭🇰 | Maersk | 44 days | 5 dem / 7 det | $450/40'HC | $19 | $25 | ~$708 | 28 Aug 2026 |
| Laem Chabang | Thailand 🇹🇭 | Maersk | 45 days | 14 days | $450/40'HC | $19 | $25 | ~$708 | 31 Aug 2026 |
| Nansha | China 🇨🇳 | Maersk | 45 days | 7 dem / 7 det | $450/40'HC | $19 | $25 | ~$708 | 1 Sep 2026 |
| Yangon (Thilawa) | Myanmar 🇲🇲 | Maersk | 40 days | 14 days | $450/40'HC | $19 | $25 | ~$708 | 13 Oct 2026 |
| Bintulu / Kuching (Sarawak) | Malaysia 🇲🇾 | Maersk | 45 days | 14 days | $500/40'HC | $21 | $25 | ~$710 | 29 Sep 2026 |
| Port Klang (ex-İskenderun) | Malaysia 🇲🇾 | Maersk | 45 days | 14 days | $500/40'HC | $21 | $25 | ~$710 | 4 Sep 2026 |
| Qingdao | China 🇨🇳 | Maersk | 35 days | 14 days | $500/40'HC | $21 | $25 | ~$710 | 15 Sep 2026 |
| Manila | Philippines 🇵🇭 | Maersk | 45 days | 9 days | $650/40'HC | $27 | $25 | ~$716 | 23 Oct 2026 |
| Alexandria | Egypt 🇪🇬 | CMA CGM | 2 days | 21 days | $800/40'HC | $33 | $20 | ~$717 | 10 Oct 2026 |
| Busan (ex-İskenderun) | South Korea 🇰🇷 | Maersk | 60 days | 10 days | $700/40'HC | $29 | $30 | ~$723 | 6 Apr 2026 |
| Santos / Paranaguá / Itapoá | Brazil 🇧🇷 | Maersk | 35 days | 21 days | $850/40'HC | $35 | $25 | ~$724 | 27 Oct 2026 |
| Kaohsiung (ex-İskenderun) | Taiwan 🇹🇼 | Hapag-Lloyd | 53 days | 8 days | $770/40'HC | $32 | $30 | ~$726 | 22 Jun 2026 |
| Port Klang (ex-İskenderun) | Malaysia 🇲🇾 | CMA CGM | 40 days | 14 days | $900/40'HC | $38 | $25 | ~$727 | 4 Sep 2026 |
| Buenos Aires | Argentina 🇦🇷 | Maersk | 40 days | 14 days | $1,000/40'HC | $42 | $25 | ~$731 | 26 Oct 2026 |
| Gothenburg (ex-İskenderun) | Sweden 🇸🇪 | Maersk | 37 days | 5 dem / 5 det | $1,000/40'HC | $42 | $25 | ~$731 | 24 Aug 2026 |
| Chennai | India 🇮🇳 | Maersk | 25 days | 4 dem / 4 det | $1,300/40'HC | $54 | $20 | ~$738 | 28 Aug 2026 |
| Jakarta | Indonesia 🇮🇩 | CMA CGM | 45 days | 14 days | $1,200/40'HC | $50 | $25 | ~$739 | 29 Sep 2026 |
| Montevideo (ex-İskenderun) | Uruguay 🇺🇾 | Maersk | 34 days | 7 days det | $1,200/40'HC | $50 | $25 | ~$739 | 8 Jun 2026 |
| Misurata | Libya 🇱🇾 | CMA CGM | 7 days | 14 days | $950/20'DC | $48 | $30 | ~$741 | 25 Sep 2026 |
| Karachi (ex-İskenderun) | Pakistan 🇵🇰 | Maersk | 60 days | 5 days | $1,250/40'HC | $52 | $30 | ~$746 | 29 Apr 2026 |
| Guangzhou | China 🇨🇳 | CMA CGM | 50 days | 14 days | $1,300/40'HC | $54 | $30 | ~$748 | 24 Aug 2026 |
| Colombo | Sri Lanka 🇱🇰 | Maersk | 40 days | 14 days | $1,450/40'HC | $60 | $25 | ~$749 | 23 Oct 2026 |
| Pecém | Brazil 🇧🇷 | Maersk | 35 days | 21 days | $1,450/40'HC | $60 | $25 | ~$749 | 24 Aug 2026 |
| Rades (ex-İskenderun) | Tunisia 🇹🇳 | CMA CGM | 10 days | 12 days | $1,800/40'HC | $75 | $20 | ~$759 | 21 Jul 2026 |
| Algiers | Algeria 🇩🇿 | CMA CGM | 30 days | 15 days | $1,850/40'HC | $77 | $20 | ~$761 | 8 Oct 2026 |
| Rijeka | Croatia 🇭🇷 | Maersk | 25 days | 5 dem / 5 det | $1,850/40'HC | $77 | $20 | ~$761 | 19 Aug 2026 |
| Surabaya | Indonesia 🇮🇩 | CMA CGM | 50 days | 14 days | $1,600/40'HC | $67 | $30 | ~$761 | 7 Oct 2026 |
| Thessaloniki | Greece 🇬🇷 | Forwarder (all-in package) (incl. stuffing) | 10 days | 14 days | $1,955/40'HC | $81 | $20 | ~$763 | 17 Aug 2026 |
| Mundra | India 🇮🇳 | MSC | 50 days | 10 days | $1,450/20'DC $1,700/40'HC |
$72 / $71 | $30 | ~$765 | 25 Sep 2026 |
| Nhava Sheva | India 🇮🇳 | MSC | 50 days | 10 days | $1,450/20'DC $1,700/40'HC |
$72 / $71 | $30 | ~$765 | 25 Sep 2026 |
| Tripoli | Libya 🇱🇾 | CMA CGM | 11 days | 14 days | $1,800/40'HC | $75 | $30 | ~$769 | 3 Sep 2026 |
| Chittagong | Bangladesh 🇧🇩 | CMA CGM | 45 days | 14 days | $2,000/40'HC | $83 | $25 | ~$772 | 5 Oct 2026 |
| Constanta (ex-İskenderun) | Romania 🇷🇴 | MSC | 8 days | 7 days | $1,800/20'DC $2,350/40'HC |
$90 / $98 | $20 | ~$774 | 3 Aug 2026 |
| Durban (ex-İskenderun) | South Africa 🇿🇦 | MSC | 48 days | 14 days | $2,000/40'HC | $83 | $30 | ~$777 | 3 Jun 2026 |
| Casablanca | Morocco 🇲🇦 | Forwarder (all-in package) (incl. stuffing) | 19–25 days | 14 days POL + 14 days POD | $2,435/40'HC | $101 | $20 | ~$783 | 28 Oct 2026 |
| Kolkata | India 🇮🇳 | MSC | 40 days | 10 days | $2,400/40'HC | $100 | $25 | ~$789 | 28 Aug 2026 |
| Abidjan | Côte d'Ivoire 🇨🇮 | Maersk | 45 days | 6 dem / 4 det | $3,000/20'DC $2,200/40'HC |
$150 / $92 | $35 | ~$791 | 9 Oct 2026 |
| San Antonio (ex-İskenderun) | Chile 🇨🇱 | CMA CGM | 60 days | 5 days | $2,000/20'DC | $100 | $30 | ~$794 | 17 Apr 2026 |
| Varna | Bulgaria 🇧🇬 | CMA CGM | 25 days | 10 days | $2,650/40'HC | $110 | $20 | ~$794 | 29 Aug 2026 |
| Dublin | Ireland 🇮🇪 | CMA CGM | 45 days | 7 days | $2,550/40'HC | $106 | $25 | ~$795 | 24 Sep 2026 |
| Callao | Peru 🇵🇪 | Maersk | 40 days | 6 days | $2,600/40'HC | $108 | $25 | ~$797 | 2 Sep 2026 |
| Port Louis (ex-İskenderun) | Mauritius 🇲🇺 | Maersk | 60 days | 14 days | $2,500/40'HC | $104 | $30 | ~$798 | 16 Aug 2026 |
| Lomé | Togo 🇹🇬 | Maersk | 30 days | 14 days | $2,550/40'HC | $106 | $30 | ~$800 | 13 Oct 2026 |
| Jeddah | Saudi Arabia 🇸🇦 | Not stated | 7 days | 14 days | $2,900/20'DC $2,900/40'HC |
$145 / $121 | $20 | ~$805 | 22 Aug 2026 |
| Toamasina (Tamatave) | Madagascar 🇲🇬 | Maersk | 45 days | 14 days | $2,750/40'HC | $115 | $35 | ~$814 | 26 Oct 2026 |
| Toamasina (Tamatave) | Madagascar 🇲🇬 | MSC | 45 days | 14 days | $2,300/20'DC | $115 | $35 | ~$814 | 26 Oct 2026 |
| Veracruz | Mexico 🇲🇽 | Maersk | 30 days | 7 days | $3,300/40'HC | $138 | $20 | ~$821 | 24 Sep 2026 |
| Port Moresby | Papua New Guinea 🇵🇬 | Maersk | 60 days | 14 days | $3,100/40'HC | $129 | $30 | ~$823 | 19 Oct 2026 |
| Dakar | Senegal 🇸🇳 | CMA CGM | 30 days | 10 dem / 5 det | $2,600/20'DC | $130 | $30 | ~$824 | 18 Aug 2026 |
| Villeta (Puerto Seguro) (ex-İskenderun) | Paraguay 🇵🇾 | Maersk | 50 days | 21 days | $2,900/40'HC | $121 | $40 | ~$825 | 23 Oct 2026 |
| Tema | Ghana 🇬🇭 | Not stated | 30 days | — | $3,200/40'HC | $133 | $30 | ~$827 | 28 Sep 2026 |
| Dakar | Senegal 🇸🇳 | Cosco | 45 days | 10 dem / 5 det | $2,600/20'DC | $130 | $35 | ~$829 | 11 Sep 2026 |
| Luanda | Angola 🇦🇴 | Maersk | 45 days | 9 days | $3,200/40'HC | $133 | $35 | ~$832 | 28 Oct 2026 |
| Aqaba | Jordan 🇯🇴 | Maersk | 13 days | 14 days | $3,600/40'HC | $150 | $20 | ~$834 | 22 Sep 2026 |
| Nouakchott | Mauritania 🇲🇷 | Maersk | 30 days | 9 dem / 2 det | $3,400/40'HC | $142 | $30 | ~$836 | 23 Oct 2026 |
| Mombasa | Kenya 🇰🇪 | MSC | 45 days | 14 days | $3,400/40'HC | $142 | $35 | ~$841 | 27 Oct 2026 |
| Pointe-Noire | Congo 🇨🇬 | Maersk | 40 days | 13 days | $3,400/40'HC | $142 | $35 | ~$841 | 6 Oct 2026 |
| Lagos (Apapa) | Nigeria 🇳🇬 | CMA CGM | 45 days | 14 days | $2,900/20'DC | $145 | $35 | ~$844 | 22 Oct 2026 |
| Walvis Bay (ex-İskenderun) | Namibia 🇳🇦 | CMA CGM | 55 days | 10 days | $3,600/40'HC | $150 | $30 | ~$844 | 22 May 2026 |
| Lagos (Apapa) | Nigeria 🇳🇬 | Maersk | 45 days | 14 days | $3,500/40'HC | $146 | $35 | ~$845 | 20 Oct 2026 |
| Berbera | Somaliland 🌍 | MSC | 25–33 days | — | $3,030/20'DC $3,990/40'HC |
$152 / $166 | $35 | ~$851 | 5 Oct 2026 |
| Dar es Salaam | Tanzania 🇹🇿 | Maersk | 45 days | 14 days | $3,650/40'HC | $152 | $35 | ~$851 | 19 Oct 2026 |
| Djibouti | Djibouti 🇩🇯 | CMA CGM | 20 days | 14 days | $4,000/40'HC | $167 | $20 | ~$851 | 27 Oct 2026 |
| Dar es Salaam | Tanzania 🇹🇿 | CMA CGM | 40 days | 14 days | $3,200/20'DC $4,750/40'HC |
$160 / $198 | $35 | ~$859 | 27 Oct 2026 |
| Beira | Mozambique 🇲🇿 | MSC | 50 days | 14 days | $3,550/20'DC $4,000/40'HC |
$178 / $167 | $40 | ~$871 | 5 Oct 2026 |
| Monrovia | Liberia 🇱🇷 | CMA CGM | 35 days | 12 dem / 7 det | $4,150/40'HC | $173 | $35 | ~$872 | 12 Aug 2026 |
| Dar es Salaam | Tanzania 🇹🇿 | Forwarder (all-in package) (incl. stuffing) | 55 days | 14 days POD | $4,125/40'HC | $172 | $40 | ~$874 | 28 Sep 2026 |
| Georgetown | Guyana 🇬🇾 | MSC | 40 days | 14 days | $4,500/40'HC | $188 | $25 | ~$877 | 8 Oct 2026 |
| Port-Gentil | Gabon 🇬🇦 | CMA CGM | 45 days | 11 dem / 3 det | $3,700/20'DC $5,800/40'HC |
$185 / $242 | $35 | ~$884 | 8 Aug 2026 |
| Douala | Cameroon 🇨🇲 | Maersk | 40 days | 11 dem / 3 det | $4,600/40'HC | $192 | $35 | ~$891 | 3 Aug 2026 |
| Mogadishu | Somalia 🇸🇴 | CMA CGM | 60 days | 21 days | $4,500/40'HC | $188 | $40 | ~$891 | 21 Sep 2026 |
| Djibouti | Djibouti 🇩🇯 | MSC | 25–34 days | — | $4,070/20'DC $5,240/40'HC |
$204 / $218 | $25 | ~$893 | 5 Oct 2026 |
| Douala | Cameroon 🇨🇲 | CMA CGM | 43 days | 11 dem / 2 det | $4,750/40'HC | $198 | $35 | ~$897 | 24 Aug 2026 |
| Pointe-Noire | Congo 🇨🇬 | MSC | 28–35 days | — | $3,950/20'DC $5,050/40'HC |
$198 / $210 | $35 | ~$897 | 5 Oct 2026 |
| Maputo | Mozambique 🇲🇿 | MSC | 45 days | 14 days | $4,800/40'HC | $200 | $35 | ~$899 | 22 Oct 2026 |
| Bata | Equatorial Guinea 🇬🇶 | Maersk | 50 days | 12 days | $4,750/40'HC | $198 | $40 | ~$902 | 3 Aug 2026 |
| Sohar / Salalah | Oman 🇴🇲 | Maersk | 40 days | 14 days | $4,300/20'DC $5,900/40'HC |
$215 / $246 | $25 | ~$904 | 15 Sep 2026 |
| Freetown | Sierra Leone 🇸🇱 | CMA CGM | 40 days | 10 days | $5,000/40'HC | $208 | $35 | ~$907 | 6 Aug 2026 |
| Matadi | DR Congo 🇨🇩 | Maersk | 60 days | 32 days | $5,000/40'HC | $208 | $40 | ~$912 | 9 Sep 2026 |
| Point Lisas (ex-İskenderun) | Trinidad & Tobago 🇹🇹 | Maersk | 55 days | 11 days | $5,500/40'HC | $229 | $30 | ~$923 | 27 Jul 2026 |
| Zanzibar | Tanzania 🇹🇿 | MSC | 60 days | 10 days | $4,600/20'DC $5,800/40'HC |
$230 / $242 | $40 | ~$934 | 7 Oct 2026 |
| Port Sudan | Sudan 🇸🇩 | CMA CGM | 25 days | 21 days | $6,000/40'HC | $250 | $30 | ~$944 | 7 Oct 2026 |
| Aden | Yemen 🇾🇪 | Gezairi | 35–40 days | 14 days | $6,200/40'HC | $258 | $35 | ~$957 | 20 Aug 2026 |
| Conakry | Guinea 🇬🇳 | Maersk | 45 days | 9 dem / 5 det | $6,200/40'HC | $258 | $35 | ~$957 | 6 Oct 2026 |
| Willemstad | Curaçao 🇨🇼 | Maersk | 48 days | 14 days | $7,100/40'HC | $296 | $30 | ~$990 | 9 Oct 2026 |
| Hamad Port | Qatar 🇶🇦 | CMA CGM | 40 days | 14 days | $8,000/40'HC | $333 | $25 | ~$1,022 | 24 Sep 2026 |
| Aden | Yemen 🇾🇪 | Haicon | 35–40 days | 7 days | $7,000/20'DC $9,850/40'HC |
$365 / $410 | $35 | ~$1,049 | 15 Sep 2026 |
⚠️ Carrier rates as quoted between April and 28 October 2026 (see the Quoted column — the latest quote per port is used), applied for the week of 9 November 2026 after a market check against the Drewry World Container Index (5 November 2026: $4,389 per 40ft, −1% week on week; no lane re-rated) and subject to sailing availability, cut-off dates and surcharge revision. "Not stated" means the rate was received without the carrier named; "Forwarder (all-in package)" rates include Mersin port charges and container stuffing. DG = dangerous-goods rate. Rates marked ex-İskenderun load at İskenderun; all others at Mersin. Free time shown is demurrage/detention allowance at destination. Per-MT figures assume full container utilisation (24 MT per 40'HC, 20 MT per 20'DC); part-loads carry a higher effective rate. CFR uses the lowest per-tonne rate quoted for that lane and includes ~$5/MT documentation, ~$39/MT Turkish inland haulage and container stuffing (~$37/MT on all-in packages), and transit financing. Request a binding quote →
Smart CFR Price Estimator
Enter your destination port and get an estimated CFR price via two shipping hubs — Jebel Ali and Mersin. Estimates are based on historical freight data, common shipping routes, and current market assumptions. Not a guaranteed offer — contact Raha Oil for a binding proforma invoice.
What Affects Bitumen Price?
Understanding what drives bitumen prices helps you time your purchases and negotiate better. These are the six core factors our trading desk monitors every week.
Crude Oil Price
Crude oil is the primary raw material cost signal. A $10/bbl move in Brent typically shifts bitumen prices by $15–25/MT. Watch Brent and WTI weekly.
Vacuum Bottom Availability
Vacuum bottom (VB) is the direct feedstock for bitumen production. Refinery maintenance shutdowns or export restrictions on VB can tighten supply and push prices up sharply.
Iran Mercantile Exchange (IME)
Weekly IME auction results set the benchmark for Iranian bitumen. High demand at auction means upward price pressure; low bidding can soften prices mid-week.
USD / IRR Exchange Rate
Iranian refiners price internally in IRR. A weaker IRR against USD effectively lowers the USD-denominated export price, making Iranian bitumen more competitive globally.
Shipping & Freight Rates
Container freight rates on Asia–Africa routes fluctuate with vessel availability and fuel prices. A $15/MT freight spike translates directly to higher CFR landed cost for buyers.
Seasonal Road Construction Demand
March–September is peak road construction season in Africa, South Asia, and the Middle East. Demand surges during this window, driving up FOB prices by $15–30/MT compared to off-season lows.
Bitumen Grade Price & Application Comparison
Choosing the right grade affects both your project performance and your per-MT cost. Raha Oil supplies Bitumen 60/70, Bitumen 80/100, VG30, VG40, Bitumen Emulsion, and Oxidized Bitumen — use this comparison to select the most cost-effective grade for your climate and application.
| Grade | Standard | Primary Application | Best Climate | Relative Price | Availability |
|---|---|---|---|---|---|
| Bitumen 60/70 | ASTM D946, EN 12591 | Road paving, highway construction, asphalt mix | Hot & tropical climates (Africa, South Asia, SE Asia) | Base ★★★ | High |
| Bitumen 80/100 | ASTM D946, EN 12591 | Road paving, lower-traffic roads, airport taxiways | Mild to warm climates; cooler tropical zones | +$10 premium ★★ | High |
| VG-30 | IS 73:2013 (India) | National highways, high-traffic roads, Indian Standard | Hot climates (Indian subcontinent specification) | +$10 premium ★★★ | Available |
| VG-40 | IS 73:2013 (India) | Very high traffic, heavy-duty pavements, industrial areas | Extreme heat climates; high wheel-load areas | +$10 premium ★★★ | Available |
| Oxidized / Blown (115/15) | ASTM / EN / Custom | Roofing, waterproofing, industrial sealing, pipe coating | All climates – non-road industrial use | +$40 premium | Available |
Bitumen Price by Country
Bitumen specifications and preferred grades vary by country depending on climate, national highway standards, and import routing. Below is how Raha Oil's grades and supply routes map to our most active destination markets.
| Country | Common Grade | Current Supply Route & Indicative CFR (USD/MT) |
|---|---|---|
| India | VG30 / VG40 | CFR Chennai ~$738 / Nhava Sheva & Mundra ~$765 ex-Mersin (IS 73:2013 spec) |
| UAE | Bitumen 60/70 | FOB Jebel Ali $650 (Raha Group trading hub) |
| China | Bitumen 60/70 | CFR Nansha ~$708 / Qingdao ~$710 / Guangzhou ~$748 ex-Mersin |
| Malaysia | Bitumen 60/70 | CFR Port Klang $710 ex-Mersin (new steel drum) |
| Turkey | Bitumen 60/70 | FOB Mersin $620 (Turkey-origin supply) |
| Kenya | Bitumen 60/70 | CFR Mombasa ~$841 ex-Mersin (MSC) |
| Tanzania | Bitumen 60/70 | CFR Dar es Salaam ~$851–$874 ex-Mersin |
| Brazil | Bitumen 80/100 | CFR Santos / Paranaguá / Itapoá ~$724, Pecém ~$749 ex-Mersin |
| Egypt | Bitumen 60/70 | CFR Alexandria ~$717 ex-Mersin (2-day direct sailing) |
| Bangladesh | Bitumen 60/70 | CFR Chittagong ~$772 ex-Mersin |
| Nigeria | Bitumen 60/70 | CFR Lagos (Apapa) ~$844 ex-Mersin (CMA CGM / Maersk, Oct 2026) |
| Djibouti / Ethiopia | Bitumen 60/70 | CFR Djibouti ~$851 ex-Mersin (CMA CGM, 20 days); Ethiopia ~$861 incl. landlocked transit |
| Argentina | Bitumen 80/100 | CFR Buenos Aires ~$731 ex-Mersin (Maersk, new lane) |
These are typical grade and routing patterns based on Raha Oil's export history to each market; CFR figures are the 9 November 2026 carrier-backed estimates from the table above. Actual specification, packing, and shipping line depend on your project requirements. Full list: indicative CFR prices for 82 markets are on our Bitumen Price by Country page, or contact our trading desk for a country-specific quotation.
Bitumen VG30 and VG40 Price
Viscosity grade bitumen (VG30 and VG40) is specified under Indian Standard IS 73:2013 and is widely required by buyers in India, the Indian subcontinent, and Gulf markets following Indian specification on highway and industrial paving contracts. Unlike penetration-grade bitumen (60/70, 80/100), viscosity grades are classified by viscosity at 60°C rather than penetration depth at 25°C, making them better suited to extreme heat and very high traffic loads.
| Grade | Standard | Packing | Origin | FOB Price (USD/MT) | CFR Availability | Status | Updated |
|---|---|---|---|---|---|---|---|
| VG30 Bitumen | IS 73:2013 (India) | New Steel Drum | Iran (Bandar Abbas) | $475 | Suspended – FOB ref. only | Available | 9 Nov 2026 |
| VG40 Bitumen | IS 73:2013 (India) | New Steel Drum | Iran (Bandar Abbas) | $475 | Suspended – FOB ref. only | Available | 9 Nov 2026 |
⚠️ VG30 bitumen price and VG40 bitumen price are indicative weekly market ranges, not guaranteed offers — final price confirmed in proforma invoice. Both viscosity grades currently carry a $10/MT premium over equivalent 60/70 penetration-grade bitumen due to additional refining and quality control to meet IS 73:2013 viscosity specifications. Request a VG30/VG40 quote →
VG30 Bitumen Price & Use
VG30 is the standard viscosity grade bitumen for national highways and high-traffic roads under Indian Standard IS 73:2013. VG30 bitumen price currently runs a $10/MT premium above equivalent 60/70 penetration grade due to stricter viscosity control.
VG40 Bitumen Price & Use
VG40 is the highest-viscosity grade commonly traded, used for very high-traffic pavements, industrial hardstands, and extreme-heat regions. VG40 bitumen price currently carries a $10/MT premium over 60/70 due to tighter refining tolerances.
FOB & CFR Availability
VG30 and VG40 FOB Bandar Abbas prices are published as a market reference while Iranian loading is interrupted. CFR quotations for viscosity grades to India, GCC and South Asian ports are prepared on request on an ex-Mersin / İskenderun basis — contact Raha Oil for a port-specific CFR estimate.
Bitumen 60/70 Price Trend 2022–2026
Annual average FOB export price for Bitumen 60/70 (Jey embossed series, USD/MT), calculated from the weekly entries in our Bitumen Price History archive. The 2026 point covers January–February only, before the Strait of Hormuz disruption; current weekly prices are in the price table above.
| Year | Average FOB, Bitumen 60/70 (USD/MT) | Weekly low – high | Main driver |
|---|---|---|---|
| 2022 | ~$461 | $385 – $550 | Crude spike above $100/bbl; dataset all-time high in March–April |
| 2023 | ~$420 | $380 – $455 | Falling vacuum bottom prices and softer crude; sharpest annual decline |
| 2024 | ~$386 | $368 – $443 | Sideways most of the year; sharp VB-driven jump in November |
| 2025 | ~$404 | $383 – $418 | Stable; seasonal July–August peak, gradual decline into December |
| 2026 (Jan–Feb) | ~$384 | $383 – $388 | Pre-war baseline; from March, export access replaced cost as the main driver |
Since late February 2026, loading at Bandar Abbas has been interrupted and Brent rose above $100/bbl, peaking at about $116/bbl on 28 October 2026 before falling back to about $95/bbl by 9 November. Iran-origin offers rose far less than crude: 60/70 private-factory drum is $465/MT FOB Bandar Abbas today, against $620/MT FOB Mersin for Turkey-origin cargo. Weekly published prices from October 2026 are logged in the price history archive.
12 Years of Bitumen Export Intelligence
Raha Oil (Raha Group) has been exporting bitumen and petroleum products since 2012. Our weekly price data is not aggregated from third-party sources — it is based on direct procurement from Iranian refineries, IME auction participation, and active shipping coordination every week.
We publish this price page to serve serious buyers with verified, actionable market data. When you see a price on this page, it is what our trading desk is currently working with.
Our Offices
-
Dubai, UAE (HQ)
Burlington Tower, Business Bay, Dubai
+971 56 281 7292 (WhatsApp) | info@rahaoil.com -
Ankara, Turkey
Karşıyaka District, Gölbaşı, Ankara
+90 555 160 5739 (WhatsApp) -
Iran (Sourcing & Production)
Direct relations with Bandar Abbas refineries
IME-registered trading partner
Export Markets We Serve
East Africa (Kenya, Tanzania, Ethiopia, Djibouti) · Southeast Asia (Malaysia, Vietnam, Thailand, Bangladesh) · South America (Brazil, Colombia) · Middle East (Iraq, Oman, Jordan) · Eastern Europe (Georgia, Azerbaijan, Ukraine) · West Africa (Ghana, Senegal, Nigeria)
How This Price Page Is Built
Every figure on this page is a planning indication, not a binding offer. This section states exactly which loading points we publish, which commercial basis each number is quoted on, what we deliberately leave out, and when a buyer should reconfirm before committing.
Loading point selection
A loading point appears on this page only when Raha Oil has an active sourcing or shipping route through it and can quote it in the current week. That is currently three FOB price points: Bandar Abbas (Iran — published as a market reference only while loading is interrupted by the conflict), Jebel Ali (UAE re-export) and Mersin / İskenderun (Turkey — the load ports for every CFR shipment at present). CFR prices are only quoted from ports we can actually load from this week.
Basis and normalization
FOB figures are quoted at the named loading port and exclude ocean freight and all destination costs. CFR figures are FOB plus current sea freight to the named discharge port, documentation and survey (~$5/MT), inland trucking and container stuffing in Turkey (~$39/MT) and transit financing ($20–40/MT, scaled to voyage length and port risk), and exclude discharge, duty, demurrage and inland delivery. Every figure is USD per metric ton on a net-weight basis: new steel drum at 180 kg net, jumbo bag at 1,000 kg net, bulk at vessel or bitutainer weight. Grades are stated to ASTM D946 or EN 12591; where a buyer's national standard differs, the COA governs, not this table.
Commercial use and reconfirmation
These ranges are built for budgeting, tender preparation and comparison between origins. They are not executable prices. An executable price requires confirmed refinery allocation, exact specification, quantity, packing, loading window, destination, inspection scope, payment route and documents. Reconfirm before contracting, and again before booking the vessel or containers — during volatile crude, freight or port conditions validity can be as short as a few business days.
What this page deliberately does not publish
- Iranian domestic prices quoted in IRR — they are not comparable to an export basis and move with the exchange rate rather than the market.
- Ex-works or refinery-gate prices without port handling, which understate real export cost.
- Destination prices for ports Raha Oil has not shipped to, or has not shipped to recently enough to hold a current freight figure.
- A single point price where the market is genuinely a range. Where quotes differ by parcel size, packing or loading window, we publish the range rather than pick one observation.
- Embossed refinery grades during periods when they are unavailable through the Iran Mercantile Exchange — these are shown as unavailable rather than carried over at a stale price.
How We Calculate Bitumen Price
The weekly indicative price published on this page is not a guess — it is built from a structured cost stack that our trading desk tracks every week. Here is exactly how bitumen FOB and CFR prices are constructed.
Bitumen Price Formula (FOB Bandar Abbas)
Key Weekly Variables We Monitor
Why Buyers Trust Raha Oil Bitumen Price Data
The prices on this page are not automatically generated or aggregated from third-party feeds. They are prepared weekly by the Raha Oil export team — people who buy, ship, and inspect bitumen every week as part of active trading operations.
Based on Real Transactions
Prices reflect actual purchase offers, IME auction results, and direct refinery negotiations — not modelled or estimated data. When we publish a range, it is what we are actively working with.
Direct Bandar Abbas Market Monitoring
Our sourcing team monitors the Bandar Abbas refinery and port market weekly, tracking vacuum bottom prices, refinery availability, and export volume — the three variables that move bitumen prices most.
Weekly Freight Intelligence
CFR estimates are based on live freight bookings, not published indices alone. We hold live carrier quotations (Maersk, CMA CGM, MSC, Hapag-Lloyd, Cosco and forwarder all-in packages) on 91 Mersin / İskenderun lanes to Asia, Africa, Europe, the Gulf and the Americas, and publish the date of every rate in the CFR table.
SGS / Intertek Inspection Available
We arrange independent third-party inspection for every shipment on buyer request. Our team has supervised hundreds of SGS inspections at Bandar Abbas port across all major bitumen grades.
Full Export Documentation
12+ years of preparing BL, COA, COO, fumigation certificates, and port-specific customs documentation for over 40 destination countries — we know what each port and customs authority requires.
12 Years · 40+ Countries
Raha Oil has been exporting bitumen since 2012. Our offices in Dubai (UAE), Ankara (Turkey), and sourcing network in Iran give us a multi-market view no single-country supplier can match.
Real Export Experience
Iran Bitumen Supplier – FOB & CFR Export
Raha Oil is an established bitumen supplier and bitumen exporter based in Dubai, UAE, with a 12-year sourcing network in Bandar Abbas, Iran. As a bulk bitumen supplier and bitumen drum supplier, we cover every packing format and shipment size — from single trial containers to multi-thousand-ton bulk tanker cargoes — on both FOB and CFR terms.
Bitumen Supplier & Exporter
As a direct bitumen exporter — not a broker or trading intermediary — Raha Oil sources from private Iranian refineries and manages the full export chain: loading, inspection, documentation, and shipping to your destination port.
Bulk Bitumen Supplier
For buyers with heated storage terminals, Raha Oil supplies bulk bitumen via dedicated asphalt tanker, minimum cargo ~3,000 MT — the most cost-efficient option, with no drum or jumbo bag surcharge.
Bitumen Drum Supplier
As a bitumen drum supplier, Raha Oil packs in new steel drums (180 kg net) — the standard format for most importers without heated storage, with roughly 110 drums per 20ft container.
FOB & CFR Export Terms
Raha Oil quotes both FOB (Bandar Abbas, Jebel Ali, or Mersin) and CFR (landed at your destination port) terms, so buyers can choose the Incoterm that best fits their shipping and import arrangements.
Bitumen Price FAQ
Answers to the most common questions from bitumen importers, infrastructure contractors, and procurement teams worldwide.
CFR (Cost and Freight) price includes the FOB cost plus the sea freight to your named destination port. Raha Oil handles the shipping arrangement. You only pay import duties and local clearing at destination.
Because loading at Bandar Abbas is currently interrupted by the conflict, Raha Oil quotes CFR only from its Turkish ports: for example, CFR Port Klang in new steel drum = FOB Mersin $620/MT + ocean freight (~$21/MT) + documentation (~$5/MT) + inland haulage and container stuffing in Turkey (~$39/MT) + transit financing (~$25/MT for a 45-day voyage) = approximately $710/MT. For most buyers importing 1–3 containers, CFR is recommended as it simplifies logistics.
• ~110 new steel drums (180 kg net each) = ~19.8 MT net
• ~20 jumbo bags (1,000 kg each) = ~20 MT net
Bulk bitumen is not containerized — it is shipped in dedicated heated asphalt tankers with a minimum cargo of approximately 3,000 MT per vessel.
• ~100 MT for containerized shipments (new steel drums or jumbo bags), equivalent to approximately 5 standard 20ft containers;
• ~3,000 MT for bulk tanker shipments.
For buyers requiring a smaller trial quantity, please contact our sales team to discuss available options.
