Bitumen Price ₹44-54K/MT VG 30 40

Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

Check petroleum product prices: bitumen VG 30 ₹46-52/kg, VG 40 ₹48-54/kg, fuel oil ₹45-55/kg, base oil ₹85-140/kg. IOC BPCL HPCL supplies. Bulk tanker delivery for road construction and industrial use.

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Bitumen VG30 Drum

Imported

EX - Kandla

₹74,000/MT
0 %11 hours ago

Bitumen VG30 Bulk

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EX - Pithampur

₹73,150/MT
0 %11 hours ago

Bitumen VG30 Bulk

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EX - Mangalore

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Bitumen VG30 Drum

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EX - Mundra

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Bitumen VG30 Bulk

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EX - Mathura

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Bitumen VG30 Bulk

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EX - Karwar

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Petroleum Products Market

India is the third-largest consumer of petroleum products globally with demand exceeding 220 million tonnes annually. The country has a refining capacity of over 250 million tonnes through PSU and private refineries.

Key petroleum products include fuels (petrol, diesel, ATF), feedstocks (naphtha, LPG), and industrial products (bitumen, lubricants, fuel oil). Pricing follows international crude oil movements with varying degrees of government control across products.

Industrial Petroleum Products

Major industrial petroleum products include:

Bitumen: Used in road construction and waterproofing. Available in VG 10, VG 30, VG 40 grades and modified variants.
Fuel Oil: Industrial heating fuel for boilers and furnaces. Available as FO, LSHS, LDO.
Lubricants: Industrial oils for machinery including hydraulic, gear, compressor, and specialty oils.
Petroleum Coke: Solid fuel and anode material for aluminum smelting.

Energy & Petroleum FAQs

What's bitumen trading at per MT?

Bitumen prices by grade - VG 10 is ₹44000-48000/MT VG 30 runs ₹46000-52000/MT and VG 40 is ₹48000-54000/MT. Modified bitumen (PMB and CRMB) costs 20-30% more. IOC BPCL and HPCL set prices fortnightly based on crude oil. Road contractors typically buy in bulk tankers.

Which bitumen grade should I use for roads?

VG 30 handles most Indian roads perfectly - works well in our tropical climate with moderate traffic. Go with VG 40 for heavy-traffic highways and airports where the pavement takes more stress. VG 10 is for cold regions and spray applications. For expressways and bridges with heavy truck loads you'll want modified bitumen (PMB or CRMB).

What's fuel oil running?

Furnace oil (FO) costs ₹45-50/kg LSHS (Low Sulphur Heavy Stock) is ₹50-55/kg and LDO (Light Diesel Oil) runs ₹70-80 per liter. These follow crude oil with about a 15-day lag. Used mainly for industrial boilers furnaces and backup power in manufacturing plants.

Base oil pricing?

Base oil varies a lot by grade - Group I SN150 is ₹85-95/kg Group II runs ₹95-110/kg and Group III synthetic base is ₹120-140/kg. Lubricant blenders buy these to make finished products. Available from both refineries and importers depending on the grade.

How do petroleum product prices get set?

They follow crude oil (Brent/Dubai basket) plus refining margin taxes and freight. Oil marketing companies (IOC BPCL HPCL) revise industrial product prices every fortnight. Retail fuel prices change daily now. For bulk industrial purchases rates are negotiable based on volume and relationship.

What paperwork do I need to buy bitumen?

You'll need GST registration and a purchase order for credit terms. Provide vehicle details for delivery coordination. Bulk orders may need advance payment or an LC arrangement. You'll get a quality certificate showing the VG grade penetration value and softening point with each delivery plus a weighment slip.

How do I buy petroleum products in bulk?

OfBusiness handles bitumen fuel oil base oil and lubricants from IOC BPCL HPCL and private suppliers. We arrange bulk tanker delivery with proper quality documentation. Get quotes from multiple suppliers and compare - volume discounts are common in this space.

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Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

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Energy & Petroleum Most Viewed Prices

Bitumen VG30 Drum

Imported

EX - Kandla

₹74,000/MT0 %11 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹73,150/MT0 %11 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

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Bitumen VG30 Drum

Imported

EX - Mundra

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Bitumen VG30 Bulk

Imported

EX - Mathura

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Bitumen VG30 Bulk

Imported

EX - Karwar

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Navigating Economic Turmoil: India's Strategic Gold Shift

Bank, OMC shares to remain in focus on Friday as crude rises after fresh US strikes in Iran

Kartikey Hariyani, CEO at ChargeZone

West Asia Crisis May Soon Make Everyday Goods Costlier in India: Crisil

Bernstein Sets Long-Term Oil Price Target At $75 Per Barrel

Oil inventories fall less than expected, impacting crude prices

Three Oil and Two Gas Carriers Clear Hormuz

World faces biggest-ever energy security crisis as Iran war disrupts fuel flows, warns IEA

Europe’s Energy Crisis Was Not Solved, Only Moved

Oil Firms Return Profits As Dividends That Fund Roads, Highways: Sources

OMCs absorbing ?550 Crore daily losses from petrol, diesel, LPG amid conflict-led disruptions: Government

China PP faces heightened risks of a high-price pullback

OMCs may benefit from fuel price hikes despite global oil volatility: Report

Hormuz Oil Shock To Boost Electric Car Sales: World Energy Body

Russia Boosts Crude Flows as Kremlin Banks Gains From Iran War

ONGC Bets on Gas-Led Growth

India Power Demand Hits Record 270 GW as Heat Spurs AC Use

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Open Access, Storage Push Drive Fresh Surge in India's CandI Market

Cambodia's $300 Billion Maritime Gamble: Energy, Dispute, and Hope

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Sharika Wins ₹24.9 Crore RDSS Order; Shares Jump 4.99%
3
19

Toyota Urban Cruiser Ebella Launched at Rs 23.60 Lakh, Takes on Creta EV
1
17

Clean energy investment saved fuel importers $260 billion in 2025: IEA
6
20

Valuations factor in strong growth opportunities for Hitachi Energy
6
15