Besides the cost of the raw material, ie. bitumen substance which needs to be blended to get the desired grade like 40/50, 60/70, 80/100 etc, which is carried out by the refiners and third party contractors who get the substance from the refiners, the major cost for getting the bitumen are..
Packing
Steel Drums- the most reliable packing method for bitumen , although flexitanks, in bales and collapsible 20kg bags etc, which under hot climate and temperature could not withstand, steel prices are a major factor in the cost of bitumen
The scrap steel price is climbing to USD 800 per ton and hence the cost per kg is usd 80 censt. A 20 kd drum then shall easily cost more than USD 20.
Then the cost of transportation and shipping.
The major factors are
| From Plant to Port Terminal ( Trucking) |
| Stuffing |
| Forklift ( 20 pallets of 4x200kg drum) |
| Terminal Handling Charges |
| Depot Handling |
| Equipment transfer charge |
| Port Wharfage ( 55 per Container) |
| Fumigation Charge ( per container) |
| Documentation |
| Export permit Documentation |
| B/L Fee |
| B/L Switching fee |
| ISPM Stamping fee ( S$ for 20 pallets/ more 1.5 per pallet) |
| 3rd Party Billing Fee |
| ACI Fee |
| CO Application |
| CO Endorsement fee |
| Courier fee |
| Inspection Charges |
|
| Freight ( Variable) |
|
| Insurance ( 0.5% invoice value) |
The abovementioned costs sometime are equal or more than the cost of the bitumen itself.
Resources
http://www.benzeneinternational.com
http://bitumenexporter.blogspot.com