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 %11 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹83,150/MT
0 %11 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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Bitumen VG30 Bulk

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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.

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 %11 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹83,150/MT0 %11 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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EIA reports massive rise in US crude oil stocks

High Oil Prices Deliver a Windfall for China’s Coal-to-Chemicals Industry

New Zealand Approves New Oil and Gas Production as Energy Security Concerns Grow

US says more oil is leaving Middle East. Is it really?

Solar Quietly Surges in Africa, With Manufacturing Driving Growth

Attacks on UAE vessels raise risks for Indian crude imports. But LPG, LNG supplies far more vulnerable

Nayara Energy: What to know about Gujarat-based firm reportedly supplying fuel to Russia

SBR Prices Rise Slightly in China Jiangsu and Zhejiang on August 12

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Tanker Data Contradicts U.S. Claim That Middle East Oil Flows Have Normalized

UAE Offers to Shuttle Iraqi Oil through Hormuz

EU Says Power System Stable despite Extreme Weather

Russia Imports Indian Fuel as Refinery Crisis Deepens

Indian Refiners Seek 6 Million Barrels of Spot Crude

Trump Puts 81 Million Gulf Acres Up for Oil and Gas Auction

Hormuz Ship Traffic Falls to Weekly Low as Standoff Drags On

Oil prices near 2-week high as Hormuz remains closed, Houthi strikes continue

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Petroleum Products Market

Industrial Petroleum Products

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₹84,000/MT
0 %11 hours ago

₹83,150/MT
0 %11 hours ago

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India-Japan mutual consent centres bilateral energy projects
11
13

Rajasthan, HPCL sign MoU for ₹22 crore polytechnic college in Balotra
12
11

LandT Plans Rare-Earth Magnet Manufacturing to Cut China Dependence
4
5

Yuma Energy on the benefits of battery swapping
5
12

Japanese auto, motorcycle makers back India's drive to cut fossil fuel use
8
8