Oxidized Bitumen Price

Last updated: 2026-10-09

AI-generated reference content for research only. Prices, volumes and figures are estimates; verify current market data and specifications before any trade.
本内容由 AI 生成,仅供研究参考。价格、产量等数据为估算值,交易前请核实最新行情与规格。

Oxidized Bitumen Price

Oxidized bitumen prices currently range from $420 to $780 per metric ton FOB, depending on grade, penetration value, and packaging. Standard grades such as 90/40 and 85/25 average $480–$560/MT, while high-softening-point grades (e.g., 150/5 or 200/10) command $600–$780/MT. Prices vary by ±8–12% quarter-to-quarter with feedstock (vacuum residue) and freight costs.

What Determines Oxidized Bitumen Price?

Oxidized bitumen (also called blown bitumen or industrial bitumen) is produced by passing air through vacuum residue at 240–280°C for 6–12 hours, raising softening point and reducing penetration. Four cost drivers dominate pricing:

Cost FactorShare of Final PriceTypical Range
Feedstock (vacuum residue / VGO)55–65%$280–$420/MT
Oxidation & energy (steam, fuel gas)10–15%$60–$110/MT
Packaging (kraft bags, drums)8–14%$40–$90/MT
Logistics & freight10–18%$50–$140/MT

Key price levers:

  • Penetration grade — lower penetration (harder) = higher price. 200/10 typically costs 15–22% more than 90/40.
  • Softening point — each 10°C increase above 95°C adds roughly $18–$30/MT.
  • Packaging — 25kg kraft bags cost $35–$50/MT more than bulk or 180kg drums.
  • Volume — orders above 500 MT often earn 3–6% discounts.
  • Incoterm — FOB vs. CIF spreads are typically $60–$130/MT depending on destination.

Oxidized Bitumen Price by Grade (2024–2025 Reference)

Approximate FOB prices from Middle East and Asian refineries. Add freight for CIF.

Grade (Pen/SP)Typical UsePrice FOB ($/MT)Price CIF NWE ($/MT)
90/40Pipe coating, roofing480–520590–650
85/25Waterproofing membranes500–545615–670
95/25Mastics, sealants520–570630–690
115/15Insulation boards560–620680–740
150/5Specialty coatings640–710760–830
200/10High-temp industrial690–780820–900

Notes:

  • Prices reflect bagged (25kg) FOB Jebel Ali / Bandar Abbas, Q4 2024–Q1 2025.
  • CIF NWE assumes 2,000–5,000 MT vessel parcels; smaller lots add $40–$70/MT.
  • Bitumen prices track crude benchmarks with a 2–4 week lag; a $10/bbl Brent move shifts oxidized bitumen by roughly $25–$35/MT.

Regional Price Comparison

Oxidized bitumen trades at a premium to penetration-grade (paving) bitumen because of the extra oxidation step. Typical premium: $80–$180/MT over 60/70 pen grade.

OriginFOB Benchmark ($/MT)Key AdvantageKey Constraint
Iran430–540Lowest base costSanctions/payment friction
UAE480–590Reliable logisticsHigher energy cost
Saudi Arabia470–580Scale feedstockLimited bagging capacity
South Korea540–660Quality consistencyImported feedstock
China450–560Packaging flexibilityFreight distance
India520–640Domestic demand hubImport dependency

Takeaway: Iranian and Chinese material usually prices 6–12% below Gulf and Korean supply, but buyers pay a compliance/logistics premium that can erase the gap.

5-Year Price Trend & Forecast

YearAvg. 90/40 FOB ($/MT)YoY Change
2020340—
2021410+20.6%
2022545+32.9%
2023505−7.3%
2024495−2.0%
2025 (F)510–540+3–9%

Drivers for 2025:

  • Crude volatility and refinery feedstock economics (60% of cost).
  • Rising demand from roofing and waterproofing in MENA and South Asia (+4–6%/yr).
  • Tighter environmental rules raising oxidation and packaging costs (+2–3%).
  • Freight normalization keeping CIF spreads narrow.

Expect moderate upward pressure with seasonal Q2–Q3 peaks when construction demand rises 10–15%.

How to Reduce Your Oxidized Bitumen Cost

  • Buy in bulk parcels (500–5,000 MT) to capture 3–6% volume discounts.
  • Choose drums or bulk over bags to save $35–$50/MT on packaging.
  • Lock forward contracts (60–90 days) when Brent dips below $75/bbl.
  • Consolidate grades in a single shipment to cut per-unit freight 8–12%.
  • Benchmark FOB, not just CIF, to isolate freight from product cost.
  • Use a landed-cost calculator to compare origins net of duty, demurrage, and bagging.

FAQ: Oxidized Bitumen Price

Q1: What is the current price of oxidized bitumen per ton?

Oxidized bitumen currently ranges $420–$780 per metric ton FOB, with common grades like 90/40 and 85/25 averaging $480–$560/MT. CIF prices to Europe or Asia add roughly $60–$130/MT for freight.

Q2: Why is oxidized bitumen more expensive than paving bitumen?

Oxidized bitumen costs $80–$180/MT more than 60/70 pen grade because it undergoes 6–12 hours of air blowing at 240–280°C. This extra processing raises energy, equipment, and quality-control costs.

Q3: Which grade of oxidized bitumen is cheapest?

The 90/40 grade is generally the cheapest, at $480–$520/MT FOB, because it requires the least oxidation. Harder grades like 150/5 or 200/10 cost 25–50% more.

Q4: How much does packaging affect oxidized bitumen price?

Packaging adds $40–$90/MT, roughly 8–14% of the final price. Kraft bags (25kg) are the most expensive option, while bulk and 180kg drums save $35–$50/MT.

Q5: Will oxidized bitumen prices rise in 2025?

Yes, prices are forecast to rise 3–9% in 2025 to an average of $510–$540/MT for 90/40 FOB. Crude feedstock costs and MENA construction demand are the main upward drivers.

Calculate Your Exact Oxidized Bitumen Cost

Stop guessing at landed prices. Use the 6Tar cost calculator to model FOB, CIF, duty, bagging, and demurrage for every grade and origin in minutes — then lock in the best spread before the next price move.

→ Run the 6Tar cost calculator now.

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