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 %24 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹73,150/MT
0 %24 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

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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

₹74,000/MT0 %24 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹73,150/MT0 %24 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}Login To View

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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Kansas Fed Pres Warns Oil Price Shock Might Not Be Transitory

Philippines Receives First Iranian Crude Cargo Since Hormuz Blockade

Japan Crude Imports Fell 66% in April

Oil Prices Set to Slump 19% in May as Market Bets on U.S.-Iran Deal

Saudi Arabia Expected to Slash Oil Prices Again

Indian Oil Corp buys 5 million barrels of crude from West Africa, Middle East, sources say

China’s Export Prices Jump as Oil Shock Hits Factory Costs

Crude oil inventories fall less than forecasted, pressuring prices

The Commodities Feed: Ceasefire optimism weighs on energy markets

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

Reliance Industries flags 'extreme volatility' risks from West Asia crisis

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

Three Oil and Two Gas Carriers Clear Hormuz

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

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

Oil inventories fall less than expected, impacting crude prices

Europe’s Energy Crisis Was Not Solved, Only Moved

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₹74,000/MT
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Coal Surges After Deadly Mine Blast in China
12
4

Natural gas storage report shows lower-than-expected build
10
10

Here’s why Brent crude oil price may drop below $60 soon
11
1

Storm Batters Bihar, Causes Power Outages and Infrastructure Damage
1
5