Introduction to Bitumen 60/70 and its Price
Bitumen, also known as asphalt, is a crucial component in road construction and building applications. Among the various grades of bitumen, Bitumen 60/70 stands out due to its balanced properties, making it ideal for multiple uses. This guide explores everything you need to know about Bitumen 60/70, from its detailed pricing trends in different regions, particularly in India.
What Does Bitumen Grade 60/70 Mean?
Bitumen grade 60/70 refers to the penetration value of the bitumen. The penetration value is a measure of the hardness or softness of the bitumen, determined by the depth (in tenths of a millimeter) to which a standard needle penetrates a bitumen sample under specified conditions. A grade of 60/70 indicates that the penetration value ranges between 60 and 70 units, making it a medium-hard bitumen. This balance of properties makes it suitable for road construction and other industrial applications.
Bitumen Grade 60/70 Price Trends
The price of 60/70 can vary based on several factors, including crude oil prices, demand and supply dynamics, and geopolitical factors. Historically, bitumen prices have shown significant fluctuations in response to changes in the global oil market. Staying updated with the latest price trends is crucial for effectively budgeting and planning construction projects.
10. Bitumen 60/70 Price in India
India, a large bitumen consumer for its extensive road network, experiences its price trends. The price of Asphalt 60/70 in India is influenced by domestic demand, import duties, and transportation costs. As of the latest updates, prices have been relatively stable but are subject to change based on the aforementioned factors. Contractors and suppliers often monitor these trends to optimize procurement and project costs.
Bitumen Price List Today
Keeping track of the current bitumen prices is essential for contractors and businesses. Prices can vary daily based on market conditions. It’s advisable to refer to reliable sources for the most recent price list. Contact us to update the price list and product information.from our Technical Experts.
Asphalt 60/70 Price per Ton
The price per ton can fluctuate based on market demand, crude oil prices, and regional factors. Staying updated on the current Bitumen 60/70 price per ton is crucial for budgeting and planning construction projects effectively. By monitoring price trends, contractors and businesses can secure the best rates and ensure cost-efficient procurement for their needs
Barrel of Asphlat Price
When discussing bitumen prices, it’s common to refer to the price per ton or per barrel. The price of 1 barrel can clearly indicate the material cost, facilitating budgeting for large-scale projects. This price is also influenced by global oil prices, exchange rates, and local market conditions.