Introduction

Bitumen 60/70 price today in Ethiopia, Saudi Arabia, and Oman is an essential metric for contractors, government agencies, and importers involved in infrastructure projects. The 60/70 grade of bitumen is among the most frequently utilized penetration grades, primarily due to its balanced mechanical properties, rendering it highly suitable for pavements exposed to elevated temperatures and substantial vehicular stress.

The demand for bitumen 60/70 has been rising due to urbanization, highway expansion, and industrial growth. While the international crude oil market plays a key role in determining bitumen prices, regional transportation, taxes, and trade routes also affect the final cost in specific countries. In this article, we provide updated information on bitumen 60/70 prices in three rapidly growing markets: Ethiopia, Saudi Arabia, and Oman. These countries have become key destinations for bitumen exporters due to ongoing development initiatives.

Bitumen 60/70 Price Today

Bitumen 60/70 price today globally ranges between $350 to $450 per metric ton (MT) FOB, depending on refinery source, packaging (bulk, drums, jumbo bags), and shipping routes. Prices are heavily influenced by crude oil benchmarks like Brent and WTI. In May 2025, crude oil fluctuations and geopolitical tensions have resulted in minor volatility in bitumen pricing.

There are two common methods of supplying bitumen:

• FOB (Free on Board): Cost from the exporting port, excluding shipping.
• CIF (Cost, Insurance, and Freight) is a common shipping term where the seller covers both delivery costs and insurance, ensuring the cargo is protected and transported to the buyer’s port of entry.
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Additional factors influencing today’s bitumen 60/70 price include:

• Supply chain disruptions (especially Red Sea traffic)
• Packaging costs (drums cost more than bulk)
• Country-specific customs duties and VAT
• Seasonal demand, especially before road-laying seasons

Suppliers from the UAE, Iran, and India are key exporters of bitumen 60/70 to East Africa and the Middle East.

Bitumen 60/70 Price Today in Ethiopia

Bitumen 60/70 price today in Ethiopia is higher compared to other countries due to landlocked geography and dependency on Djibouti port for imports. As of late May 2025, the average CIF Djibouti price is around $470–$490 per metric ton, while the delivered price in Addis Ababa may range from $520–$550/MT due to inland transportation costs.

Ethiopia’s high demand is driven by:

• Government projects such as expressways and industrial corridors
• Increasing number of public-private partnerships in infrastructure
• Expansion of airports and logistic centers

Challenges affecting prices include:

• Customs clearance delays at Djibouti port
• Rising fuel costs impacting trucking fees
• Shortage of drum packaging due to regional import limits

In Ethiopia, primary bitumen suppliers comprise Pasargad Bitumen, Jey Oil Refining, and various local representatives connected to Bituco and Al Jabal. Construction contracts typically require adherence to ASTM D946 specifications, along with verified quality certifications at the point of receipt.

Bitumen 60/70 Price Today in Saudi Arabia

Bitumen 60/70 price today in Saudi Arabia remains highly competitive due to strong local production capabilities and limited reliance on imports. As of May 2025, the FOB price at key ports such as Riyadh and Jeddah ranges between $160 and $180 per metric ton. he country’s ability to maintain such competitive rates stems from its robust domestic refining infrastructure and negligible dependency on imports.
Price advantages in Saudi Arabia come from:

• Domestic production by companies such as Saudi Aramco and Al Jeri
• Government subsidies on petroleum products
• Established internal logistics and distribution systems

Saudi Arabia is currently investing in the Saudi Vision 2030 infrastructure plan, which involves:

• Construction of mega-cities (e.g., NEOM)
• New railway systems and ports
• Road rehabilitation in urban and rural areas

Because of this massive investment, demand for bitumen 60/70 remains high. Most procurement is done via large-scale tendering systems, but private contractors also source smaller volumes directly through licensed suppliers.

Bitumen 60/70 Price Today in Oman

Bitumen 60/70 price today in Oman is moderately priced due to proximity to major producers and well-developed port infrastructure. As of late May 2025, FOB Sohar and Muscat prices for bitumen 60/70 range from $410 to $430 per metric ton in steel drums, and about $395 in jumbo bags.

Key insights into Oman’s bitumen pricing:

• Importation from Iran and UAE gives competitive rates
• Strong seasonal demand due to road paving schedules (March–June)
• Government projects like Duqm Port Expansion and Muscat Expressway Upgrade

Local authorities such as the Ministry of Transport, Communications and IT (MTCIT) stipulate use of ASTM-standard bitumen, including proper viscosity and penetration testing.

Notable suppliers in the Oman market include Tohid Trade Oil, Jey Oil, and Zista Group. These companies provide bulk and containerized shipments with SGS certification and lab reports on each batch.

Oman also offers re-export potential to Yemen and East Africa, making it a regional hub for bitumen redistribution.

Conclusion

In conclusion, the bitumen 60/70 price today in Ethiopia, Saudi Arabia, and Oman reflects diverse economic, logistical, and policy factors. While Saudi Arabia offers the most affordable rates due to domestic production, Ethiopia has the highest import-related costs. Oman sits in the middle, benefiting from efficient ports and regional accessibility.

Professionals sourcing bitumen 60/70 should consider:

• Regional supply chains and port accessibility
• Verified packaging types and quality certifications
• Shipping schedules and customs timelines
• Local project specifications and quality standards

Staying updated on current prices is critical to budgeting and procurement efficiency. For consistent supply and verified quality, it is recommended to engage with trusted suppliers and brokers with a strong track record in your target region.