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 %9 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹83,150/MT
0 %9 hours ago

Bitumen VG30 Bulk

Imported

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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EX - Karwar

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India's Oil Comeback: How Refiners Navigated the Strait of Hormuz Crisis

10-year yield steady at 6.85% as traders track crude, US-Iran peace talks for cue

Oil prices today: Crude falls after US-Iran talks in Switzerland conclude; Brent below $80

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Saudis Turn to Russian Fuel Oil as Iran War Saps Fossil Power Supplies

India’s Imports of Russian Oil Set for New Record High

From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war

Iran war triggers global race to build oil reserves

Analysts Warn China’s Oil Demand May Never Fully Recover

Europe top stories: weekly summary

Qatar Races to Restore LNG Exports Despite Ras Laffan Setback

Asia chemical shares mixed as US-Iran talks progress

Asia top stories – weekly summary

Energy markets remain complacent despite significant supply shock

OPEC hikes 2050 oil demand forecast again, citing world’s pivot to energy security

Fragile US-Iran ceasefire brings relief, likely to last | Business Standard - newspaper

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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

₹84,000/MT0 %9 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹83,150/MT0 %9 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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India's Oil Comeback: How Refiners Navigated the Strait of Hormuz Crisis

10-year yield steady at 6.85% as traders track crude, US-Iran peace talks for cue

Oil prices today: Crude falls after US-Iran talks in Switzerland conclude; Brent below $80

Oil Export Curbs Waived, Frozen Assets Released: Iran Details Outcome After First Round Of US Talks

Live - US, Iran agree on roadmap for final deal despite early tensions | Iran International

Saudis Turn to Russian Fuel Oil as Iran War Saps Fossil Power Supplies

India’s Imports of Russian Oil Set for New Record High

From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war

Iran war triggers global race to build oil reserves

Analysts Warn China’s Oil Demand May Never Fully Recover

Europe top stories: weekly summary

Qatar Races to Restore LNG Exports Despite Ras Laffan Setback

Asia chemical shares mixed as US-Iran talks progress

Asia top stories – weekly summary

Energy markets remain complacent despite significant supply shock

OPEC hikes 2050 oil demand forecast again, citing world’s pivot to energy security

Fragile US-Iran ceasefire brings relief, likely to last | Business Standard - newspaper

Kolkata Fuel Costs Shape Daily Mobility Choices

Iran Israel War: US-Iran Talks Begin In Switzerland As Strait Of Hormuz Remains Closed

Heads We Win. Tails They Lose. Don’t Bet on a Long-Run Future for Fossil Fuels.

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Gurugram Power Infrastructure Push Reshapes Urban Growth
10
14

Chennai Power Shutdown Alerts Thousands Of Residents
9
2

Toyota India Dispatches 45 Urban Cruiser Ebella Electric SUVs in May
7
8

Opening of Strait of Hormuz welcome move: NSA Doval at BRICS conclave
7
5