TLDR: Base Oil is the primary refined petroleum component used to manufacture lubricants, greases, and metalworking fluids. Classified under HSN 27101971, it is categorized into API Groups I through V based on refinement levels. The Base Oil price today across major Indian hubs remains sensitive to global crude volatility, with premium Group II and III stocks seeing steady demand from the automotive sector.
Base Oil is produced through the vacuum distillation and advanced refining of crude oil. It serves as the "carrier" for additives in almost every lubricant used in the automotive and industrial sectors.
In India, the market is heavily reliant on imports of Group II and III oils to meet high-performance BS-VI standards. Kandla and Mumbai act as the primary strategic hubs for imported bulk shipments, while Delhi and Silvassa serve as major blending and distribution centers for the Northern and Western industrial belts. Our platform provides real-time visibility into regional pricing nodes, helping blenders manage the volatility of international feedstock and currency movements.
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