Current market demand for natural bitumen, gilsonite
Consumption for natural bitumen is increasing, primarily due to its use in the oil and gas industry. Gilsonite is used in drilling fluids, cementing and as a lost circulation material. It is also used as asphalt glue in the construction industry and in the paint and coating industry.
The main suppliers of natural bitumen are American Gilsonite, Iran and Türkiye. The United States is the largest producer of natural bitumen, while Iran and Turkey are the largest exporters.
Volume and production capacity
The volume and capacity of natural bitumen production varies depending on the location and supplier. The United States has the highest production capacity, while Iran and Turkey have significant production volumes.
The price of natural bitumen, gilsonite or (bitumen) in Maad mine:
You can contact the Maad mine (Gol Marjan) sales consultants to know the price of natural bitumen, gilsonite and gilsonite powder.
Maad Mine (Gol Marjan), the largest gilsonite extractor in West Gilan, announces its readiness to sell and export gilsonite and provide the price list of micronized powder and provide analysis of gilsonite to respected buyers.
The following factors affect the price of Gisonite:
1- Shipping price
2- The price of refining bitumen
3- Political conditions
4- Dollar rate
5- Demand and supply rates in the market
In the end, it can be said that there is nothing absolutely good or bad in the grades of this product, but this selection of the best example of mineral bitumen
) is based on its application at different temperatures, which is important.
Also, Maad mine (Gol Marjan) provides its products to customers based on daily prices in Iran and with the highest quality.
Global market scenario for the price of natural bitumen, gilsonite
Geographical distribution of natural bitumen reserves, gilsonite
Mineral bitumen deposits are found in different parts of the world including the United States, Iran, Turkey, China and Canada. However, the majority of the world’s natural bitumen supply comes from the United States, Iran, and Turkey.
Wholesale importers and exporters of gilsonite
The main importers of gilsonite are China, India and Japan. The main exporters of gilsonite are Iran, Türkiye and America.
Pricing trends and future outlook for natural gilsonite bitumen
Historical price trends of natural bitumen, gilsonite
Gilsonite or natural bitumen, like any other commodity, has experienced price fluctuations. Over the past decade, the price of natural bitumen, gilsonite, has been between $700 and $1,200 per metric ton. In 2019, the average price per metric ton was about 800 dollars. But it must be said that the price of this precious mineral in Iran is much lower than the international price and is cheap.
The price of natural bitumen, gilsonite depends on various factors such as supply and demand, extraction cost and transportation cost. The demand for Gilsonite or natural bitumen has increased in recent years due to its diverse applications in various industries. In addition, limited access to this natural resource has also contributed to its price.
Future predictions for the price of natural bitumen, gilsonite It is difficult to predict the future price of natural bitumen, natural bitumen due to several factors that affect it. However, experts predict that the demand for mineral bitumen will continue to increase and, as a result, its price will increase. The global gilsonite, natural bitumen market is expected to grow at a CAGR of 6.5% between 2020 and 2025.
Factors affecting the future prices of natural bitumen and gilsonite
The future prices of natural bitumen are affected by various factors such as increasing demand from various industries, resource availability and geopolitical factors that may affect the production and transportation of this commodity. In addition, new mining technologies and the discovery of new mineral bitumen reserves may also affect its future price.