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

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EX - Kandla

₹74,000/MT
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Bitumen VG30 Bulk

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EX - Pithampur

₹73,150/MT
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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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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 %2 days ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹73,150/MT0 %2 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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India sees minimal fuel price hike amid global surge triggered by West Asia crisis

Oil prices rebound as investors track U.S.-Iran peace talks

Kuwait ramps up overseas crude storage amid Hormuz risks

​Alarm bells: on the Index of Eight Core Industries data

Revealed: The Indian Firm Quietly Shipping Key Chemicals to Russia

Oil Prices Drop as US-Iran Final Agreement Nears

Will Energy Crisis and Govt’s EV Push Fast-Track India’s Commercial EV Ambitions?

India Fuel Prices: Private companies ne rate badhaye, toh sales giri! Public sector stations par bheed

Can Venezuelan oil save India amid the Hormuz energy crisis?

UAE-India energy security partnership strengthened by new ADNOC agreements

No fuel shortage in Maharashtra; avoid panic buying: Minister Bhujbal

Minister Hardeep Puri discusses ramping up hydrocarbon exploration, energy transition pathways with Kearney Global MD

Today Petrol, Diesel Prices May 22: Fuel rates hiked or steady? Check Petrol, Diesel prices in Delhi, Chennai, Mumbai, Kolkata, Bengaluru, Gurgaon

Targeted fuel subsidies can ease India’s oil price pain | Policy Circle

Venezuela third largest supplier of crude to India in May

Korea, Japan Expand Energy Swap Cooperation

Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: Report

India Explores Alternative Energy Sources Amid Oil Supply Shock

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China's Fuel Exports to Remain Low as Curbs Persist

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₹74,000/MT
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0 %2 days ago

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Alarm bells: on the Index of Eight Core Industries data

BMC Targets Wet Waste With Biogas Shift
6
17

Jharia Coalfield, Location, Latest News
7
12

West Asia crisis puts EV cost edge in sharper focus for car buyers now
3
17

Coal India Syngas Projects Amid Gas Supply Issues
5
8

Korea's Top 4 Refiners Post 6 Trillion Won Profit but Face Headwinds
4
9