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

₹84,000/MT
0 %3 days ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹83,150/MT
0 %3 days 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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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

Top Category

Energy & Petroleum Most Viewed Prices

Bitumen VG30 Drum

Imported

EX - Kandla

₹84,000/MT0 %3 days ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹83,150/MT0 %3 days 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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OCPL signs agreement for supply of 3 million tonne surplus coal to NTPC

Oil Prices Head for 20% Monthly Surge Despite Recent Pullback

Saudi Gulf Oil Loadings Still Subdued

Middle East shipping bottleneck persists as Iran, Houthi rebels ramp up attacks

INSIGHT: New US LPG export capacity could lower volatility in terminal fees

War Sends Saudi Oil Output Down and Revenue Up

USA Gasoline Shows Rising Price Trend

Oil Drops Amid Mixed Supply Signals

Russia Extends Diesel and Gasoline Export Bans Into 2027

Oil slips as markets look for cues on Gulf supplies

OMCs faced ₹21,300 crore under-recovery on petrol since Strait closure began: Govt

Iran Says Two Oil Tankers Ditched Attempt to Transit Hormuz

EU oil stocks reform unlikely to revise 90-day storage target: sources

Oil extends surge after fresh U.S. attacks on Iran, inventory drop

Import prices in June 2026: +6.1% compared with June 2025

Global: OPEC+ output pause after Sep'26 may support petrochemical feedstock prices

The Energy Crisis and the India Opportunity: Why coal-to-chemicals matters more than ever: Professor Ganapati D. Yadav, Former Vice Chancellor, Institute of Chemical Technology, Mumbai

Oil jumps over 4% as U.S.-Iran tension escalates after Iraq strikes, missile attack

Fuel Dealers Seek Compensation for E20 Ethanol Quality Testing

वैश्विक कच्चे तेल संकट के बीच,BPCL की रणनीतिक कुशलता

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₹84,000/MT
0 %3 days ago

₹83,150/MT
0 %3 days ago

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Pune Electric Bus Expansion Boosts Public Mobility
3
6

Pune Auto Fare Proposal Awaits Authority Decision
6
6

GAIL, Rashtriya Chemicals sign pact for gas-based fertilizer project
12
12

Upcoming BYD Atto 2 midsize SUV spotted testing in India
2
20

Government Accelerates Operation of Batang Toru Hydroelectric Plant
7
16

Japan's June refinery runs rise, fuel demand remains weak
9
15