Gilsonite price is depending on weather and inter nation market price of petroleum commodities like crude oil and bitumen price.If rain comes since the most of natural asphalt mines are belong to local people and exploring is not modern while rain coming whole of mine will get full of water and nobody could work on till dry season.
At this time stokers or anybody who has ready goods increasing the price and market will became hot. Some of customer who needs to pulverize the Gilsonite also are unable to do since it is wet and could not grind.
Rainy season in mines will start from October to March and it is tropical mode.
Benefit of customers are better to buy the raw material during March to October to be in safe side and do not face with lack of product in market.
It’s important to note that changes in the price of crude oil and events in other countries can have an effect on the price of gilsonite. Gilsonite’s price can go up when the price of crude oil goes up because it is closely linked to goods made from oil. On the other hand, Gilsonite costs would probably go down if oil prices around the world went down. People can save money by timing their purchases based on market conditions and making smarter choices when they shop if they keep up with these bigger economic trends.
To get update price please contact our sales department on whatsapp: 00905551701545 Mr.Salar Sabbagh
UAE: No. 2406 of Burlington Tower, Business bay, Dubai
Turkey: No. 6, 613 Sk., Galip Erdem Cd.,İlkbahar Mah, Cankaya, Ankara
(ATDM) is Gilsonite miner located in Hakkari near to Iraq boarder.