Bitumen Price

Bitumen Price

bitumen price :

Bitumen price in kenya : Our Company is ready to supply different types of bitumen, including MC30, MC70, MC250, MC800, MC3000 and bitumen 60/70, 80/100, and 85/100 grades for Mombasa, Tanzania, Kenya, Sudan, Djibouti, and Uganda markets. We also upload the last updated bitumen prices and bitumen news for you. please stay tuned!

       * Looking for high-quality bitumen? Contact our sales team to get a consult. 

* The above mentioned rates are subject to change due to fluctuations of ocean freight and commodity in the market

bitumen price 2021

kenya – Mombasa Bitumen Price 2023
Weeks January February March
1st week 460-470 460-470 460-465
2nd week 460-470 455-465 470-480
3rd week 450-460 455-465 505-515
4th week 450-460 455-465 505-515
kenya – Mombasa Bitumen Price 2023
Weeks April May June
1st week 500-505 489-494 447-451
2nd week 505-510 371-376 437-441
3rd week 502-507 461-466 428-432
4th week 499-504 448-452 417-421
kenya – Mombasa Bitumen Price 2023
Weeks July August September
1st week 417-421 462-466 472-476
2nd week 425-429 490-494 467-471
3rd week 441-445 490-494 461-465
4th week 448-452 478-482 474-478
kenya – Mombasa Bitumen Price 2023
Weeks October November December
1th week 474-478 466-470 432-436
2th week 478-482 457-461 432-436
3th week 478-482 450-454
4th week 474-478 440-444
Dar es Salaam Bitumen Price 2023
Weeks January February March
1st week 460-470 460-470 460-465
2nd week 460-470 455-465 470-480
3rd week 450-460 455-465 505-515
4th week 450-460 455-465 505-515
Dar es Salaam Bitumen Price 2023
Weeks April May June
1st week 500-505 489-494 447-451
2nd week 505-510 371-376 437-441
3rd week 502-507 461-466 428-432
4th week 499-504 448-452 417-419
Dar es Salaam Bitumen Price 2023
Weeks July August September
1st week 417-421 467-471 457-461
2nd week 425-429 495-499 452-456
3rd week 449-453 495-499 446-450
4th week 453-457 463-467 459-463
Dar es Salaam Bitumen Price 2023
Weeks October November December
1st week 459-463 451-455 417-421
2st week 463-467 442-446 417-421
3st week 463-467 435-439
4st week 459-463 425-427
kenya – Mombasa Bitumen Price 2022
Weeks January February March
1st week 510-520
560-570 580-590
2nd week 510-520  580-590 580-590
3rd week 510-530 580-590 580-590
4th week 515-525 580-590 580-590
kenya – Mombasa Bitumen Price 2022
Weeks April May June
1st week 590-600 585-590 545-555
2nd week 585-595 570-585 540-555
3rd week 570-585 555-565 535-545
4th week 585-590 545-555 530-540
kenya – Mombasa Bitumen Price 2022
Weeks July August September
1st week 535-545 455-465 510-520
2nd week 525-530 490-500 505-515
3rd week 510-520 500-510 500-510
4th week 480-490 510-520 480-490
kenya – Mombasa Bitumen Price 2022
Weeks October November December
1st week 470-480 510-520 520-530
2nd week 485-495 530-540 510-520
3rd week 510-515 530-540 490-500
4th week 510-515 535-545 460-470
Dar es Salaam bitumen price 2022
Weeks January February March
1st week 510-520
560-570 580-590
2nd week 510-520  580-590 580-590
3rd week 510-530 580-590 580-590
4th week 515-525 580-590 580-590
Dar es Salaam bitumen price 2022
Weeks April May June
1st week 590-600 585-590 545-555
2nd week 585-595 570-585 540-555
3rd week 570-585 555-565 535-545
4th week 585-590 545-555 530-540
Dar es Salaam bitumen price 2022
Weeks July August September
1st week 535-545 465-470 520-530
2nd week 525-530 490-500 505-515
3rd week 510-520 510-520 500-510
4th week 480-490 520-530 485-495
Dar es Salaam bitumen price 2022
Weeks October November December
1st week 470-480 515-530 520-530
2nd week 495-505 530-540 510-520
3rd week 525-535 530-540 490-500
4th week 510-520 535-545 460-470
kenya – Mombasa Bitumen Price 2021
Weeks January February March
1st week 410-415 410-420 410-420
2nd week 410-415 400-410 420-430
3rd week 440-445 405-410 420-430
4th week 440-445 415-420 420-432

 

kenya – Mombasa Bitumen Price 2021
Weeks April May June
1st week 420-430 490-500 430-440
2nd week 420-430 480-490 430-440
3rd week 420-430 450-460 420-430
4th week 440-450 440-450 420-430

 

kenya – Mombasa Bitumen Price 2021
Weeks July August September
1st week 425-435 426-436 410-420
2nd week 425-435 430-440 430-435
3rd week 425-435 420-430 432-435
4th week 425-435 410-420 430-435

 

kenya – Mombasa Bitumen Price 2021
Weeks October November December
1st week 460-465 570-575 530-540
2nd week 465-475 550-560 500-510
3rd week 515-525 550-560 500-505
4th week 540-555 540-550 500-505
Dar es Salaam bitumen price 2021
Weeks January February March
1st week 410-415 410-420 410-420
2nd week 410-415 400-410 420-430
3rd week 440-445 410-420 420-430
4th week 440-445 415-420 420-432

 

Dar es Salaam bitumen price 2021
Weeks April May June
1st week 420-430 490-500 430-440
2nd week 420-430 480-490 430-440
3rd week 420-430 450-460 420-430
4th week 440-450 440-450 420-430

 

Dar es Salaam bitumen price 2021
Weeks July August September
1st week 425-435 423-433 410-420
2nd week 425-435 430-440 430-435
3rd week 425-435 420-430 432-435
4th week 425-435 410-420 430-435

 

Dar es Salaam bitumen price 2021
Weeks October November December
1st week 460-465 570-575 530-540
2nd week 465-475 550-560 500-510
3rd week 515-525 550-560 500-505
4th week 540-555 540-550 500-505
Mombasa Bitumen Price 2020
Weeks January February March
1st week 360-370 USD 350-365 USD 350-355 USD
2nd week 365-375 USD 355-366 USD 345-350 USD
3rd week 365-372 USD 353-365 USD 340-345 USD
4th week 362-370 USD 350-355 USD 330-335 USD

 

Mombasa Bitumen Price 2020
Weeks April May June
1st week 300-310 USD 255-265 USD 290-295 USD
2nd week 250-260 USD 270-280 USD 295-300 USD
3rd week 255-265 USD 285-295 USD 295-300 USD
4th week 245-255 USD 295-310 USD 290-295 USD

 

Mombasa Bitumen Price 2020
Weeks July August September
1st week 295-300 USD 305-315 USD 328-338 USD
2nd week 290-305 USD 310-320 USD 315-320 USD
3rd week 292-305 USD 313-323 USD 315-320 USD
4th week 295-302 USD 323-333 USD 315-320 USD

 

Mombasa Bitumen Price 2020
Weeks October  November December
1st week 300-305 USD 307-312 USD 367-372 USD
2nd week 300-305 USD 317-322 USD 390-400 USD
3rd week 300-305 USD 355-360 USD 391-400 USD
4th week 301-306 USD 361-365 USD 393-403 USD
Dar es Salaam Bitumen Price 2020
Weeks January February March
1st week 360-370 USD 352-365 USD 350-355 USD
2nd week 362-370 USD 350-365 USD 345-350 USD
3rd week 365-375 USD 356-365 USD 340-345 USD
4th week 365-375 USD 350-355 USD 330-335 USD

 

Dar es Salaam Bitumen Price 2020
Weeks April May June 
1st week 300-310 USD 255-265 USD 290-295 USD
2nd week 250-260 USD 270-280 USD 295-300 USD
3rd week 255-265 USD 285-295 USD 295-300 USD
4th week 245-255 USD 300-310 USD 290-295 USD

 

Dar es Salaam Bitumen Price 2020
Weeks July August September
1st week 295-300 USD 300-310 USD 323-333 USD
2nd week 295-305 USD 305-315 USD 315-320 USD
3rd week 290-300 USD 308-318 USD 315-320 USD
4th week 290-300 USD 318-328 USD 315-320 USD

 

Dar es Salaam Bitumen Price 2020
Weeks October November December
1st week 300-305 USD 307-312 USD 367-372 USD
2nd week 300-305 USD 317-322 USD 390-400 USD
3rd week 300-305 USD 355-360 USD 389-401 USD
4th week 301-306 USD 361-365 USD 393-403 USD
Mombasa Bitumen Price 2019
Weeks August September October
1st week 410-420 USD 370-375 USD 400-410 USD
2nd week 390-400 USD 380-390 USD 385-385 USD
3rd week 385-390 USD 385-395 USD 375-380 USD
4th week 390-400 USD 400-425 USD 370-375 USD

 

Mombasa Bitumen Price 2019
Weeks November December
1st week 370-375 USD 375-380 USD
2nd week 382-385 USD 371-380 USD
3rd week 382-385 USD 375-385 USD
4th week 380-385 USD 375-383 USD
Dar es Salaam Bitumen Price 2019
Weeks August September October
1st week 400-410 USD 365-370 USD 390-400 USD
2nd week 390-405 USD 370-380 USD 375-385 USD
3rd week 380-395 USD 385-395 USD 370-380 USD
4th week 380-385 USD 400-420 USD 375-380 USD

 

Dar es Salaam Bitumen Price 2019
Weeks November December
1st week 382-385 USD 375-380 USD
2nd week 385-390 USD 375-385 USD
3rd week 380-385 USD 370-380 USD
4th week 385-390 USD 372-380 USD

Bitumen price  Jey oil

 Oil, petrochemicals, and bitumen price and costs have been always among the top latest news.

As a matter of fact, oil and bitumen have dominated the modern society for many years and are largely supplying energy to many industries.

Oil and petrochemical products have also a major role in heating homes, domestic needs, vehicles and airplanes fuel, and other consumptions in the world.

Consequently, the bitumen price, oil and other petrochemical prices and costs, import and export volumes are highly influential on the world’s economy and contracts between countries.

How falling oil and bitumen price affect the global economy?

Generally speaking, a drop in oil and bitumen prices, will result in lower transportation costs and cheaper airline tickets.

Presently, the United States has increased oil production, so low oil prices can hurt U.S. refineries and companies. Besides, low prices affect domestic oil industry workers. The fluctuations of the oil and bitumen price in the world can tense other countries’ situations. India, Iran, China, Kenya, and Saudi Arabia may become chaotic when the oil prices fall.

What is the approximate global oil and bitumen demands per day?

The world consumes about 35,442,913,090 barrels of oil, equivalent to 97,103,871 barrels per day. Global oil consumption is almost 5 barrels of oil (199 gallons) per person yearly (based on the 2016 world population of 7,464,022,049 people) or 0.5 gallons each day.

Who is the largest exporter of oil in the world?

Many countries, most of which are in the Middle East, are exporters and suppliers of oil, bitumen, and petrochemical products. Saudi Arabia is one of the predominant suppliers in the world. Not to mention that the country has the largest amount of oil reserves in the world.

Oil and bitumen price future

How the COVID 19 pandemic affect the oil and bitumen price in the world?

With major cities and trading hubs across the world putting restrictions on travel and entering the lockdown mode, economic activity is expected to slow down in the future. This has concerned suppliers, importers, and exporters of oil and bituminous products.

To be more specific, the price of Brent crude had already dropped from $66 a barrel on 31 December to $45 a barrel on 6 March.

The impact of Covid-19 changes the world economy, as nobody can be sure if things will progressively improve or worsen. In the following, we have brought the five largest petroleum-consuming countries and their shares of total world petroleum consumption in recent years.

  • 1) United States 20.3%
  • 2) China 13.2%
  • 3) India 4.6%
  • 4) Japan 4.1%
  • 5) Russia 3.7%

As you can see

these countries are known as the biggest oil-consuming nations that account for more than 58% of the world’s total oil consumption per day. According to the statistics, the United States is the world’s biggest oil and bitumen consumer, followed by China, Japan, Kenya, and India.

To conclude, the COVID 19 crisis, has notably affected all these oil-consuming, oil and bitumen suppliers, and in one word, the global economy.

What’s the future of the oil and bitumen price?

Generally, oil prices are influenced by a variety of items but are particularly sensitive to decisions made by OPEC, the Organization of Petroleum Exporting Countries.

Like any product, the laws of supply and demand control prices; a combination of an unchanged amount of demand and oversupply has tensed the oil prices over the last five years. Natural phenomena that could potentially disrupt production, and political crisis in an oil-producing region like the Middle East all influence the price changes. Besides, production costs affect the prices, along with storage capacity. The direction of interest rates can also influence the price of oil and other petrochemical products.

The history of oil and bitumen price

How was the oil price fluctuations in 1970s?

Being stable for a long time, oil prices changed undeniably in 1973. The 1970s show two sharp changes in oil prices: one was triggered by a war in 1973, and the other was prompted by a revolution in 1979. Since then, oil prices have regularly displayed volatility related to the ’50s and ’60s.

Figures show us that a few years later, by the spring of 2008, the real price of oil has easily exceeded that of the late 1970s.

Here may come the question that is the relation between oil prices and the economy always the same?

As shown by the statistics and history, the two mentioned large oil fluctuations of the 1970s were characterized by low growth, high unemployment, and high increase.

bitumen price

For this reason, those changes in oil prices and bitumen price, are considered as an important source of economic variations.

To sum up, oil prices usually have a direct relation with inflation, which is the measure of general price trends of the economy. As oil prices increase, inflation follows the same path. On the other hand, as the price of oil falls, inflationary pressures begin to ease. History shows that the two are indeed related, but the connection has deteriorated since the oil spike of the 1970s.

According to this article, oil price and production is really determinative in the global economy. Many countries are exporters, importers, or producers of oil and bitumen. Henceforth, the prices, fluctuations, and the price forecasts mean a lot to them.

We also referred to some factors that affect the oil prices, such as global issues, like Coronavirus, natural phenomena, trade wars between countries, etc. Hope you find this article useful. For more info and updated bitumen prices, please contact us.

 

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