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To calculate the Bitumen Price per Barrel, you first need to know the net weight of each drum:
Long Drum: Weighs 180Β±2.5 kg. Divide the Bitumen Price per Metric Ton by 5.5 (since 5.5 drums equal 1 metric ton) to determine the bitumen price per barrel.
Short Drum: Weighs 150Β±2.5 kg. Divide the Bitumen Price per Metric Ton by 6.5 (as 6.5 drums make up 1 metric ton) to get the bitumen price per barrel for short drums.
This formula helps you quickly estimate the bitumen price per drum based on long and short drum packaging.
There are several factors that affect the bitumen price that are listed below:

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