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 %1 day ago

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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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.

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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 %1 day ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹73,150/MT0 %1 day 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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‘Genuine reforms are not announced as historic…’: Investor on oil and gas royalty rejig, calls for overhaul

Rupee Falls 30 Paise to 95.94 Against US Dollar in Early Trade

Oil Firms Were Losing Rs 1,600 Crore A Day. How Fuel Price Rise Will Help Them

Petrol and Diesel Prices hiked | More Restrictions on Gold Imports | Oil prices remain elevated

Attention Mumbaikars! Petrol, Diesel Prices Hiked By ₹3 Amid Global Oil Crisis Due To Iran War; Check New Rates Here

India Raises Fuel Prices for the First Time in Four Years

Oil heads for weekly gain on Hormuz strain amid stalled US-Iran talks

India’s crude oil stocks drop 15% amid Iran conflict, raising supply concerns

CNG gets costlier by Rs 2 per kg after petrol, diesel price shock

Petrol, diesel rates raised by up to Rs 3 per litre days after PM Modi's 'save' fuel' call

World oil market ‘severely undersupplied,’ to stay in deficit until Q4: IEA

Urals Oil Supported by Hormuz Closure

Oil prices waver as markets assess key Trump-Xi meeting in China

Iran war drives Russian oil windfall as Urals crude hits highest level since 2023

India looks to consolidate East Africa economic partnership amid global supply chain shifts

India Signs LPG and Strategic Oil Reserves Deal with UAE

India braces for more fuel hikes as Iran war forces Modi’s hand

EIA forecasts elevated oil prices in the first half of 2026

Europe’s oil dependency: The geopolitical premium

A Rs 3 hike makes India’s inflation battle somewhat harder

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Pune Residents Protest Repeated Summer Power Outages
7
2

Delhi NCR Tightens Vehicle Pollution Rules
10
13

Chennai Diesel Costs Deepen Bus Network Crisis
2
19

200 Units Free Electricity: TANGEDCO Issues Circular to Officials
3
9

Coal India Explores Lithium and Copper Opportunities in Chile
7
15