Bitumen 60/70 Price Per Ton Today
Last updated: 2026-10-01
Bitumen 60/70 Price Per Ton Today
As of February 2026, bitumen 60/70 (penetration grade) trades at approximately $420–$480 per metric ton FOB Bandar Abbas (Iran), $460–$520 per ton FOB Jebel Ali (UAE), and $510–$560 per ton CIF Southeast Asia. Bulk cargoes of 5,000–30,000 MT from the Middle East currently clear at the lower end of these ranges, while drummed (new steel drum) shipments add $70–$110 per ton for packaging. Prices fluctuate weekly with Brent crude, refinery run rates, and freight costs—so treat these figures as a current benchmark, not a fixed quote.
Bitumen 60/70 remains the world's most traded penetration grade, and for good reason: its 60–70 penetration range (0.1 mm at 25°C) fits the majority of road construction, asphalt mixing, and industrial waterproofing applications across Asia, Africa, and the Middle East. Below is a complete breakdown of today's pricing, the factors moving it, and how to calculate your true landed cost.
Global Bitumen 60/70 Price Snapshot (FOB & CIF)
The table below reflects indicative bulk (bitu-coated vessel) pricing for standard 60/70 penetration grade. Drummed prices include new steel drums or poly-bags.
| Loading Origin | Basis | Bulk (per MT) | Drummed (per MT) | Typical Cargo Size |
|---|---|---|---|---|
| Bandar Abbas, Iran | FOB | $420–$480 | $500–$570 | 5,000–30,000 MT |
| Jebel Ali / Fujairah, UAE | FOB | $460–$520 | $540–$620 | 3,000–20,000 MT |
| Bahrain / Saudi Arabia | FOB | $470–$530 | $550–$630 | 5,000–30,000 MT |
| South Korea | FOB | $510–$570 | $590–$660 | 2,000–10,000 MT |
| Singapore (re-export) | FOB | $530–$590 | $610–$680 | 1,000–5,000 MT |
| To West Africa (Lagos) | CIF | $590–$660 | $680–$760 | 5,000–30,000 MT |
| To Southeast Asia (Jakarta) | CIF | $510–$560 | $590–$660 | 3,000–15,000 MT |
| To South Asia (Karachi) | CIF | $480–$540 | $560–$630 | 5,000–20,000 MT |
Key observations:
- Iranian origin sets the floor price globally due to lower feedstock costs, but sanctions-related logistics and payment friction can add $10–$25/ton in effective cost.
- Freight (CIF vs. FOB) typically adds $25–$90 per ton depending on route, vessel size, and whether the shipment is bulk or drummed.
- Packaging premium: New steel drums cost $70–$110 per ton; poly-bags (jumbo bags) run $40–$65 per ton; bulk (no packaging) is the cheapest per unit.
- Minimum order: Most refineries will not book a vessel below 3,000–5,000 MT for bulk. Drummed shipments can start at 100–500 MT via container.
What Moves the Bitumen 60/70 Price Today?
Bitumen is a refinery by-product, so its price is tethered to crude oil but not perfectly correlated. Here are the five factors that matter most right now.
1. Crude oil (Brent) benchmark
When Brent rises, bitumen feedstock (vacuum residue) costs rise within 2–4 weeks. A $10/barrel move in Brent typically translates to a $15–$25/ton shift in bitumen FOB price, with a lag.
2. Refinery run rates & supply
Middle East refineries increase bitumen output in Q4–Q1 (cooler season) and reduce it in summer when asphalt demand peaks in the Northern Hemisphere. Reduced runs tighten supply and push prices up $10–$30/ton within weeks.
3. Seasonality of demand
Road construction in India, Nigeria, and Southeast Asia ramps up October–May. Prices typically peak in February–April and soften in July–September.
4. Freight & vessel availability
Bulk bitumen vessels (IMO II chemical tankers with heating coils) are limited. Charter rates can swing $15–$50/ton depending on route and season.
5. Currency & payment friction
Iranian and some Iraqi cargoes price in EUR or AED to reduce USD exposure, adding 1–3% to effective cost for buyers managing compliance.
| Month | Low ($/MT) | High ($/MT) | Trend |
|---|---|---|---|
| Sep 2025 | $395 | $440 | Stable |
| Oct 2025 | $405 | $455 | Rising |
| Nov 2025 | $415 | $465 | Rising |
| Dec 2025 | $425 | $475 | Firm |
| Jan 2026 | $430 | $485 | Firm |
| Feb 2026 | $420 | $480 | Slight easing |
Takeaway: The market has been range-bound for six months. Buyers who lock in during softening months (typically August–September) save 5–8% versus peak-season buyers.
Bitumen 60/70 vs Other Grades: Price Comparison
Buyers often ask why 60/70 costs more or less than 40/50, 80/100, or polymer-modified bitumen (PMB). The table below compares today's indicative FOB Middle East bulk prices.
| Grade | Penetration Range | Typical Use | FOB Price ($/MT) |
|---|---|---|---|
| Bitumen 40/50 | 40–50 | Heavy-duty roads, hot climates | $430–$490 |
| Bitumen 60/70 | 60–70 | Standard roads, asphalt mixing | $420–$480 |
| Bitumen 80/100 | 80–100 | Cold climates, flexible pavements | $415–$475 |
| Bitumen 85/100 | 85–100 | Similar to 80/100 | $415–$475 |
| PMB (PG 70-22) | N/A | High-stress roads, bridges | $620–$740 |
| Cutback bitumen (MC-30) | N/A | Cold patch, priming | $520–$620 |
| Bitumen emulsion (CSS-1h) | N/A | Tack coat, surface treatment | $480–$560 |
Why 60/70 is the sweet spot:
- It's the default grade specified in ASTM D946, EN 12591, and AASHTO M20.
- Refineries produce it in the highest volumes, so liquidity and availability are best.
- It's compatible with most asphalt mix designs without reformulation.
PMB commands a 40–55% premium over 60/70 because it requires SBS polymer (3–5% by weight) and additional blending. Unless the project specification demands PMB, 60/70 remains the cost-effective choice.
How to Calculate Your True Landed Cost Per Ton
The FOB price is only the beginning. Here's the formula buyers should use:
Landed Cost = FOB Price + Freight + Insurance + Packaging + Port/Handling + Inspection + Duties + Inland Transport
| Cost Component | Amount ($/MT) |
|---|---|
| FOB Bandar Abbas (bulk) | $450 |
| Ocean freight to Lagos | $75 |
| Marine insurance (0.3% of CIF) | $2 |
| Port handling & terminal fees | $8 |
| Third-party inspection (SGS/Intertek) | $1.50 |
| Nigerian import duty & levies | $35 |
| Inland transport to yard | $18 |
| Total Landed Cost | $589.50 |
Rule of thumb: For West African destinations, add 28–38% to the FOB price. For Southeast Asia, add 15–22%. For South Asia, add 12–20%.
| Scenario | Bulk (per MT) | Drummed (per MT) | Difference |
|---|---|---|---|
| 100 MT order | Not available | $570 | +$120 |
| 500 MT order | Not available | $545 | +$95 |
| 5,000 MT order | $450 | $530 | +$80 |
| 20,000 MT order | $435 | $515 | +$80 |
When drums make sense: Small buyers (under 1,000 MT), markets without bulk terminals, or destinations requiring long-term storage. Otherwise, bulk always wins on cost.
5 FAQs About Bitumen 60/70 Pricing
Q1: What is the current price of bitumen 60/70 per ton?
As of February 2026, bulk bitumen 60/70 is priced at $420–$480 per ton FOB Bandar Abbas, $460–$520 FOB Jebel Ali, and $510–$560 CIF Southeast Asia. Drummed shipments add $70–$110 per ton for packaging. Final pricing depends on cargo size, payment terms, and delivery schedule.
Q2: Is bitumen 60/70 price going up or down this month?
The market is slightly easing after a firm December–January run. Brent crude has softened 3–5% from its January peak, and Middle East refinery runs have increased. Expect $5–$15/ton softening through late February before seasonal demand from India and West Africa firms prices in March–April.
Q3: Which origin offers the cheapest bitumen 60/70?
Iran (Bandar Abbas) consistently offers the lowest FOB price, typically $30–$50/ton below UAE and $60–$90 below South Korea. However, sanctions compliance, payment routing (often via AED or EUR), and insurance restrictions can narrow the real savings to $10–$25/ton. Always verify the full landed cost, not just FOB.
Q4: What is the minimum order quantity for bitumen 60/70?
For bulk (vessel) shipments, the minimum is typically 3,000–5,000 MT due to tanker economics. For drummed shipments, you can order as little as 100–500 MT in containers. Some traders offer 20 MT trial orders in flexitanks for first-time buyers, but the per-ton premium is $120–$180.
Q5: How often do bitumen 60/70 prices change?
Prices are quoted weekly by most refineries and traders, with major revisions following monthly contract settlements. Spot prices can move daily during volatile crude markets. Best practice: request a fresh quote every 7–10 days and lock in with a 30–45 day validity window.
Get an Instant Quote with the 6Tar Cost Calculator
Stop guessing your landed cost. The 6Tar Cost Calculator gives you a real-time estimate of bitumen 60/70 pricing based on your origin, destination, cargo size, and packaging—in under 60 seconds.
What you get:
- Live FOB and CIF pricing for 40/50, 60/70, 80/100, and PMB grades
- Bulk vs. drummed cost comparison
- Freight, insurance, and duty estimates for 40+ destination ports
- Downloadable PDF quote you can share with your procurement team
👉 Try the 6Tar Cost Calculator now and lock in today's price before the next market shift. For orders above 5,000 MT or customized grades, contact our trade desk directly for a firm offer within 24 hours.