September 13, 2026 corrected global hub review: this page now keeps structurally important Penetration Bitumen 60/70 export origins even when the newest openly visible price must be shown as a clearly labeled benchmark-derived FOB planning range. The priced universe contains 14 export origins and 61 FOB/FCA rows, spanning USD 290–725/MT. Direct market assessments take priority; benchmark-derived ranges are used only where the hub itself is formally recognized but the current outright assessment is not publicly visible.
Price Report Date: September 13, 2026
Bitumen 60/70 Global Export Hub Map — September 2026
Direct FOB/FCA observations and clearly labeled benchmark-derived planning ranges.
Methodology and Commercial Scope
Hub universe
The hub list is determined first from recognized export-assessment methodology and current trade activity. A major 60/70 export hub is not removed solely because the latest outright price is behind a paywall or not openly published.
Price hierarchy
Direct current FOB/FCA observations are preferred. Where a recognized hub lacks an open outright assessment, a benchmark-derived planning range may be used from the current public underlying benchmark plus the latest public export-premium evidence, and is labeled in the hub text.
Grade control
Exact Pen 60/70 rows are kept separate from market-equivalent grades. South Korea is treated as a formal 60/70 benchmark because the official assessment explicitly covers Pen 60/70; Rotterdam/ARA is monitored separately because its standard published grades are not identical to 60/70.
Global Penetration Bitumen 60/70 Price Indications
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Singapore | Penetration Bitumen | 60/70 | Bulk vessel cargo | FOB | 645–655 | USD/MT |
| Singapore | Penetration Bitumen | 60/70 | Drum | FOB | 715–725 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Yeosu / Ulsan export market | Penetration Bitumen | 60/70 | Bulk vessel cargo | FOB | 575–585 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| South China export market: Maoming / Guangzhou / Yangpu / Jieyang | Penetration Bitumen | 60/70 market discussion / AH-70 equivalent | Bulk vessel cargo | FOB | 615–625 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Sitra | Penetration Bitumen | 60/70 | Bulk vessel cargo (1,500–5,000 MT benchmark) | FOB | 550 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Bandar Abbas / Shahid Rajaee Port | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net; export specification) | FOB | 390–415 | USD/MT |
| Bandar Abbas / Shahid Rajaee Port | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg; exact net weight by RFQ) | FOB | 375–405 | USD/MT |
| Bandar Abbas / Shahid Rajaee Port | Penetration Bitumen | 60/70 | Bulk vessel (heated) | FOB | 305–325 | USD/MT |
| Bandar Imam Khomeini / Mahshahr export terminal | Penetration Bitumen | 60/70 | Bulk vessel (heated) | FOB | 310–335 | USD/MT |
| Chabahar / Shahid Beheshti Jey Oil export terminal | Penetration Bitumen | 60/70 | Bulk vessel / heated terminal loading; subject to terminal program | FOB | 315–340 | USD/MT |
| Chabahar / Shahid Beheshti Jey Oil export terminal | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg; containerized/breakbulk as available) | FOB | 390–415 | USD/MT |
| Chabahar / Shahid Beheshti Jey Oil export terminal | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net; containerized/breakbulk as available) | FOB | 405–430 | USD/MT |
| Abadan / Khuzestan production origin | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 290–310 | USD/MT |
| Abadan / Khuzestan production origin | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 365–385 | USD/MT |
| Abadan / Khuzestan production origin | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 380–400 | USD/MT |
| Isfahan / Segzi production and packing cluster | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 290–310 | USD/MT |
| Isfahan / Segzi production and packing cluster | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 365–385 | USD/MT |
| Isfahan / Segzi production and packing cluster | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 380–400 | USD/MT |
| Tehran production origin | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 290–310 | USD/MT |
| Tehran production origin | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 365–385 | USD/MT |
| Tehran production origin | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 380–400 | USD/MT |
| Arak / Shazand production origin | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 290–310 | USD/MT |
| Arak / Shazand production origin | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 365–385 | USD/MT |
| Arak / Shazand production origin | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 380–400 | USD/MT |
| Shiraz / Fars production origin | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 295–315 | USD/MT |
| Shiraz / Fars production origin | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 370–390 | USD/MT |
| Shiraz / Fars production origin | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 385–405 | USD/MT |
| Tabriz / Northwest production origin | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 290–310 | USD/MT |
| Tabriz / Northwest production origin | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 365–385 | USD/MT |
| Tabriz / Northwest production origin | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 380–400 | USD/MT |
| Mehran / Parvizkhan / Shalamcheh Iran–Iraq corridor | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 320–345 | USD/MT |
| Mehran / Parvizkhan / Shalamcheh Iran–Iraq corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 390–415 | USD/MT |
| Mehran / Parvizkhan / Shalamcheh Iran–Iraq corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 405–430 | USD/MT |
| Mirjaveh–Taftan / Rimdan–Gabd Iran–Pakistan corridor | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 335–360 | USD/MT |
| Mirjaveh–Taftan / Rimdan–Gabd Iran–Pakistan corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 405–430 | USD/MT |
| Mirjaveh–Taftan / Rimdan–Gabd Iran–Pakistan corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 420–445 | USD/MT |
| Bazargan–Gürbulak / Razi–Kapıköy Iran–Türkiye corridor | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 320–345 | USD/MT |
| Bazargan–Gürbulak / Razi–Kapıköy Iran–Türkiye corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 395–420 | USD/MT |
| Bazargan–Gürbulak / Razi–Kapıköy Iran–Türkiye corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 410–435 | USD/MT |
| Astara / Jolfa Azerbaijan–Russia corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 400–425 | USD/MT |
| Astara / Jolfa Azerbaijan–Russia corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 415–440 | USD/MT |
| Sarakhs / Incheh Borun Central Asia–China corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 405–430 | USD/MT |
| Sarakhs / Incheh Borun Central Asia–China corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 420–445 | USD/MT |
| Dogharoun / Milak Iran–Afghanistan corridor | Penetration Bitumen | 60/70 | Bulk road tanker (heated) | FCA | 335–360 | USD/MT |
| Dogharoun / Milak Iran–Afghanistan corridor | Penetration Bitumen | 60/70 | Jumbo bag (1,000–1,300 kg) | FCA | 405–430 | USD/MT |
| Dogharoun / Milak Iran–Afghanistan corridor | Penetration Bitumen | 60/70 | New steel drum (about 180 kg net) | FCA | 420–445 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Jebel Ali | Penetration Bitumen | 60/70 | Drum | FOB | 575–585 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Rayong / Sriracha / Map Ta Phut | Penetration Bitumen | 60/70 | Bulk vessel cargo (3,000–5,000 MT benchmark) | FOB | 650 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Mailiao | Penetration Bitumen | 60/70 | Bulk vessel cargo (1,500–5,000 MT benchmark) | FOB | 595–605 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Ravenna / Augusta / Falconara / Taranto | Penetration Bitumen | 60/70 | Bulk vessel cargo (2,000–7,000 MT benchmark) | FOB | 610–620 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Aspropyrgos / Agio Theodori | Penetration Bitumen | 60/70 | Bulk vessel cargo (2,000–7,000 MT benchmark) | FOB | 610–620 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Tarragona / Huelva / Cartagena | Penetration Bitumen | 60/70 | Bulk vessel cargo (2,000–7,000 MT benchmark) | FOB | 605–615 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Mersin | Penetration Bitumen | 60/70 | Jumbo bag | FOB | 550–560 | USD/MT |
| Mersin | Penetration Bitumen | 60/70 | Drum | FOB | 560–570 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Abidjan | Penetration Bitumen | 60/70 | Bulk vessel cargo (2,000–7,000 MT benchmark) | FOB | 715–720 | USD/MT |
| Hub / Origin | Product / Type | Grade | Packaging | Basis | Latest Price | Unit |
|---|---|---|---|---|---|---|
| Jose Terminal | Penetration Bitumen | 60/70 | Drum | FOB | 650–660 | USD/MT |
| Jose Terminal | Penetration Bitumen | 60/70 | Bulk vessel cargo | FOB | 585–595 | USD/MT |
| Puerto La Cruz | Penetration Bitumen | 60/70 | Drum | FOB | 641–651 | USD/MT |
| Puerto La Cruz | Penetration Bitumen | 60/70 | Bulk vessel cargo | FOB | 566–576 | USD/MT |
| Amuay | Penetration Bitumen | 60/70 | Drum | FOB | 629–639 | USD/MT |
| Amuay | Penetration Bitumen | 60/70 | Bulk vessel cargo | FOB | 549–559 | USD/MT |
Hub Coverage, Benchmark and Execution Notes
- Italy, Greece, Spain and Côte d’Ivoire are restored because current Argus methodology explicitly recognizes them as Pen 60/70 FOB export origins; lack of a free current outright settlement is not treated as evidence that the hub is inactive.
- The Mediterranean benchmark-derived rows use the latest open Mediterranean 3.5% HSFO reference around USD 573–579/MT in mid-September together with the latest public country export-premium evidence. These are planning ranges, not proprietary Argus settlements.
- Abidjan is retained as a core West African 60/70 FOB hub. The current range reflects the latest open Mediterranean HSFO reference plus the latest public Ivory Coast premium of roughly USD 135–140/MT.
- Rotterdam/ARA remains a major Northern European bitumen benchmark and is monitored in this methodology, but it is not inserted as a direct 60/70 row because the standard published Rotterdam grades are not identical to Pen 60/70.
- Iraq and Malaysia remain commercially important to the wider bitumen market, but the freshest open observations found are EXW or CFR rather than FOB/FCA; they therefore remain outside the primary comparable-price table until a basis-compatible figure is available.
- FOB/FCA values are indicative procurement references. Firm execution still requires current COA, producer allocation, packing specification, quantity, terminal acceptance, shipment window, banking, insurance and compliance confirmation.
Frequently Asked Questions
Why are Italy, Greece, Spain and Côte d’Ivoire back in the table?
They are formally recognized Pen 60/70 FOB export origins. A global hub page should preserve those structural hubs and label a benchmark-derived planning range when the current outright proprietary assessment is not openly visible.
Are benchmark-derived FOB ranges the same as published Argus settlements?
No. They are transparent planning estimates built from an openly visible current underlying benchmark plus the latest public export-premium evidence. The page identifies them as planning ranges rather than proprietary settlements.
Why is Rotterdam not listed as a direct 60/70 price row?
Rotterdam/ARA is a major Northern European bitumen benchmark, but its standard published grade basis is not identical to Pen 60/70. It is monitored as a regional benchmark without being mislabeled as a direct 60/70 export price.
What should buyers verify before using any row commercially?
Confirm exact grade and COA, producer, quantity, packaging and net weight, loading terminal or FCA point, shipment window, inspection, documents, payment route, sanctions/compliance and quote validity.
Ready to Confirm Current Penetration Bitumen 60/70 Price?
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