Bitumen Price Today 2026 – Bitumen 60/70 & 80/100
FOB and CFR Prices
What is the bitumen price today?
Raha Oil is a UAE-based bitumen supplier providing weekly Bitumen 60/70 and 80/100 FOB and CFR price updates for international buyers. Bitumen price changes every week based on five key factors: crude oil prices, vacuum bottom feedstock cost, Iran Mercantile Exchange (IME) weekly auction results, USD/IRR exchange rate, and sea freight market. As of June 2026, the indicative FOB Bandar Abbas price for Bitumen 60/70 Price (private factory, new steel drum) is approximately $525–$535/MT. CFR prices vary by destination port — use the estimator below or contact Raha Oil for an official quotation.
Bitumen Price Today – Indicative FOB & CFR (June 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.
FOB Bandar Abbas Price Table
| 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) | $525 – $535 | Private Factory | Yes – All Ports | Available | 19 Jun 2026 |
| Bitumen 60/70 | ASTM D946 / EN 12591 | Jumbo Bag / Bulk | Iran (Bandar Abbas) | $510 – $520 | Private Factory | Yes – All Ports | Available | 19 Jun 2026 |
| Bitumen 60/70 Embossed | ASTM D946 / EN 12591 | New Steel Drum | Iran (Bandar Abbas) | Not Available | Jey / Pasargad (IME) | N/A | Unavailable | 19 Jun 2026 |
| Bitumen 80/100 | ASTM D946 / EN 12591 | New Steel Drum | Iran (Bandar Abbas) | $520 – $530 | Private Factory | Yes – All Ports | Available | 19 Jun 2026 |
| Bitumen 60/70 – Local/Domestic Grade | National spec (non-export) | New Steel Drum | Iran (Bandar Abbas) | $430 | Domestic Refinery (IRR-priced) | Not for Export | Domestic Only | 19 Jun 2026 |
| Bitumen 60/70 – Turkey Origin | ASTM D946 / EN 12591 | New Steel Drum | Turkey (Mersin) | $530 | Private Factory | Yes – Med & Europe | Available | 19 Jun 2026 |
| Bitumen 115/15 (Oxidized) | Blown / Oxidized | New Steel Drum | Iran (Bandar Abbas) | $550 – $570 | Private Factory | Yes – All Ports | Available | 19 Jun 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 – June 19, 2026
Crude Oil Market
Brent crude has eased to around $74–78/bbl. Softer demand sentiment is weighing on prices. The pullback is feeding through to lower vacuum bottom costs at Iranian refineries.
↓ SofteningVacuum Bottom (VB) Feedstock
Vacuum bottom prices at Iranian refineries are $370–390/MT, consistent with the past three weeks. Adequate refinery throughput is maintaining VB availability for bitumen production.
→ Stable / Slight softeningRefinery 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
Sea freight rates from Bandar Abbas to East Africa are $60–75/MT. Southeast Asia routes are $55–68/MT. No significant port congestion reported at Mombasa, Chittagong, or Port Klang this week.
→ Stable freight ratesDemand – Africa
East African demand (Kenya, Tanzania, Ethiopia) is showing seasonal strength as road construction season ramps up. Several government infrastructure tenders are boosting Q2/Q3 import enquiries.
↑ 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.
→ SteadyEstimated CFR Bitumen Price by Destination Port
CFR (Cost and Freight) price includes FOB Bandar Abbas + sea freight + packing costs + export documentation. The formula below shows exactly how your landed cost is built.
| Destination Port | Country | Est. Freight (USD/MT) | CFR 60/70 Drum (USD/MT) | Transit (Days) | Min. Order |
|---|---|---|---|---|---|
| Mombasa | Kenya 🇰🇪 | $60 – $75 | ~$625 – $645 | 12–18 | 100 MT |
| Dar es Salaam | Tanzania 🇹🇿 | $65 – $80 | ~$630 – $650 | 14–20 | 100 MT |
| Djibouti | Djibouti 🇩🇯 | $50 – $65 | ~$610 – $630 | 8–12 | 100 MT |
| Chittagong | Bangladesh 🇧🇩 | $55 – $68 | ~$615 – $635 | 10–14 | 100 MT |
| Port Klang | Malaysia 🇲🇾 | $55 – $68 | ~$615 – $635 | 12–16 | 100 MT |
| Jebel Ali | UAE 🇦🇪 | $30 – $45 | ~$590 – $610 | 3–5 | 100 MT |
| Colombo | Sri Lanka 🇱🇰 | $58 – $70 | ~$618 – $640 | 10–14 | 100 MT |
| Tema | Ghana 🇬🇭 | $90 – $110 | ~$655 – $680 | 20–26 | 200 MT |
⚠️ CFR prices are indicative estimates based on current freight market. Binding CFR prices require vessel booking and are confirmed via proforma invoice. Freight rates fluctuate weekly. Packing surcharge for new steel drums: ~$15–20/MT. SGS inspection: ~$3–5/MT.
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 | $5–15 cheaper ★★ | High |
| VG-30 | IS 73:2013 (India) | National highways, high-traffic roads, Indian Standard | Hot climates (Indian subcontinent specification) | +$10–15 premium ★★★ | Available |
| VG-40 | IS 73:2013 (India) | Very high traffic, heavy-duty pavements, industrial areas | Extreme heat climates; high wheel-load areas | +$15–25 premium ★★★ | Available |
| Oxidized / Blown (115/15) | ASTM / EN / Custom | Roofing, waterproofing, industrial sealing, pipe coating | All climates – non-road industrial use | +$20–40 premium | Available |
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) | $535 – $550 | Yes – India, GCC, S. Asia | Available | 19 Jun 2026 |
| VG30 Bitumen | IS 73:2013 (India) | Jumbo Bag / Bulk | Iran (Bandar Abbas) | $520 – $535 | Yes – India, GCC, S. Asia | Available | 19 Jun 2026 |
| VG40 Bitumen | IS 73:2013 (India) | New Steel Drum | Iran (Bandar Abbas) | $540 – $560 | Yes – India, GCC, S. Asia | Available | 19 Jun 2026 |
| VG40 Bitumen | IS 73:2013 (India) | Jumbo Bag / Bulk | Iran (Bandar Abbas) | $525 – $545 | Yes – India, GCC, S. Asia | Available | 19 Jun 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 carry a $10–25/MT premium over equivalent 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 typically runs $10–15/MT 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 commands a $15–25/MT premium over 60/70 due to tighter refining tolerances.
FOB & CFR Availability
Both VG30 and VG40 are available FOB Bandar Abbas in new steel drum, jumbo bag, and bulk tanker packing. CFR quotations are available to India, GCC, and South Asian destination ports — contact Raha Oil for a port-specific CFR estimate.
Iran Bitumen Price Trend 2022–2026
Average annual FOB Bandar Abbas price for Bitumen 60/70 (private factory, new steel drum). Based on Raha Oil weekly recorded data and IME published prices.
Year-by-Year Analysis
See full annual price history: Bitumen Price History 2015–2026 →
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 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 work with shipping lines on Bandar Abbas → Africa and Asia routes every week, giving us current rate visibility.
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.
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.
