Iraq Bitumen
Packing:
New Steel Drum
40 MT ( Two Containers )
FOB BandarAbbas
New Steel Drum
394 USD
Iraq Bitumen 60/70 Overview
In 2021, Iraq exported over 1,661,043 tons of 60/70 penetration grade bitumen to more than 20 countries worldwide.
In recent years, Iraq’s Bitumen 60/70 — a penetration-grade bitumen with a positive spot test — has gained popularity in several international markets, primarily due to its competitive pricing.
You can find more information about this bitumen grade on this page.
Bitumen 60/70 (Positive Spot Test) from Iraq
The raw material used to produce Iraq Bitumen 60/70 is Vacuum Residue (VR), which is a dense by-product left after the distillation of heavy crude oil in refineries.
This type of bitumen has a relatively high sulfur content, indicating a lower level of purity. Additionally, it typically has a ductility of around 64 cm.
Pricing of Iraq Bitumen
Iraqi bitumen is priced more affordably than similar products from countries like Iran, Singapore, and South Korea.
While the pricing is also linked to Persian Gulf Fuel Oil — similar to the method used in Iran — the lower quality of Iraqi bitumen results in a price that is generally \$10–20 USD per ton cheaper than Iranian bitumen.
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Bitumen Performance Grade 76-10 Packing |
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Type |
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Description |
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New Steel Drum |
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Different types of new steel drums are available: Long Drum -180 kg – Height 980 mm The diameter of all drums are 500 mm and |
Purchase Process
The purchase process for bitumen and petroleum products typically follows these steps:
1. Requirement Identification: The buyer determines the type, grade, and quantity of bitumen or petroleum products needed.
2. Supplier Selection: Buyers identify and evaluate reliable suppliers or manufacturers based on quality, pricing, and delivery terms.
3. Request for Quotation (RFQ): The buyer sends inquiries or RFQs to selected suppliers, specifying product requirements.
4. Negotiation and Contract: Pricing, delivery terms, payment conditions, and other logistics are negotiated, followed by a formal purchase agreement or contract.
5. Order Placement: A purchase order (PO) is issued by the buyer to confirm the order with the selected supplier.
6. Quality Inspection and Documentation: Before shipment, quality checks and certifications (e.g., MSDS, test reports) are reviewed.
7. Shipping and Delivery: Products are transported via appropriate methods (bulk tanker, drums, etc.), often following Incoterms like FOB, CIF, or EXW.
8. Payment: Depending on terms, payment is made via Letter of Credit (L/C), TT (wire transfer), or other methods.
9. Receiving and Inspection: Upon arrival, the buyer inspects the goods to ensure they meet quality and quantity standards before acceptance.
10. After-Sales Support: Includes handling any claims, technical support, or warranty issues.
Buy Iraq Bitumen from NavaPetro.co
As an experienced bitumen supplier in the Middle East, we are ready to supply the Iraq Bitumen with the most competitive price for our esteemed customers all over the world.
For any need to buy Iraq Bitumen, fill out the form below, and our sales specialist will contact you within 12 hours.