1. Overview of Iranian Bitumen Markets:
   • Iranian Bitumen Market:
     • Iran is one of the largest producers and exporters of bitumen globally.
     • The pricing formula for Iranian bitumen is primarily based on the Persian Gulf Fuel Oil (PGFO) index. This index serves as a benchmark for determining the base price of bitumen in Iran.
2. Quality Comparison:
   • Iranian Bitumen:
     • Iranian bitumen is known for its superior quality, attributed to the country’s advanced production technologies and extensive experience in the industry.
3. Global Demand and Preference:
   • Countries such as India, China, the United Arab Emirates, Kenya, and Turkey are among the top importers of Iranian bitumen.
   • The product’s versatility and quality make it a preferred choice for infrastructure development projects worldwide.

In summary, Iranian bitumen stands out for its quality, and its pricing dynamics are influenced by both market factors and the PGFO index. For specific pricing comparisons with other countries’ products, it’s advisable to consult real-time market data or Kasra International Trading Group Co. experts.