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

₹38,600/MT
0 %4 days ago

Bitumen VG30 Bulk

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EX - Pithampur

₹47,000/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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EX - Karwar

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Nepal hikes petrol prices by Rs 15 per litre amid escalating West Asia tensions

NBS: In January–February, Raw Coal Production by Industrial Enterprises Above the Designated Size Remained Stable, Crude Oil Production Shifted from Decline to Growth, and the Growth Rate of Electricity Production Accelerated

GULF CRISIS: South Korea to release 22.46 million barrels from strategic reserve

Asia-Pacific braces for oil crisis amid Mideast tensions

Fair value of crude prices is in the low $60s without the Iran shock: GS

Japan Taps Emergency Oil Reserves

Rupee improves marginally, opens at 92.43 against US Dollar as Brent surges past $104 per barrel

Fossil Fuel Reliance Is Ripping Away Nations' Security, UN Says

Gujarat hikes LPG supply by 20 per cent; prioritises PNG connections

'Vital to open Strait of Hormuz': Japan releases emergency oil reserves amid Israel-Iran conflict

Oil price surge could lift global inflation by 60 bps, trim 2026 growth: Gita Gopinath

US crude prices back above $100 a barrel amidst concerns over Kharg island

The Commodities Feed: Brent remains above $100/bbl as Iran conflict develops

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Sinopec Slashes Refining Runs as Hormuz Disruption Squeezes Crude Supply

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Second ship carrying crude oil reaches Mumbai

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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

₹38,600/MT0 %4 days ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹47,000/MT0 %4 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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Nepal hikes petrol prices by Rs 15 per litre amid escalating West Asia tensions

NBS: In January–February, Raw Coal Production by Industrial Enterprises Above the Designated Size Remained Stable, Crude Oil Production Shifted from Decline to Growth, and the Growth Rate of Electricity Production Accelerated

GULF CRISIS: South Korea to release 22.46 million barrels from strategic reserve

Asia-Pacific braces for oil crisis amid Mideast tensions

Fair value of crude prices is in the low $60s without the Iran shock: GS

Japan Taps Emergency Oil Reserves

Rupee improves marginally, opens at 92.43 against US Dollar as Brent surges past $104 per barrel

Fossil Fuel Reliance Is Ripping Away Nations' Security, UN Says

Gujarat hikes LPG supply by 20 per cent; prioritises PNG connections

'Vital to open Strait of Hormuz': Japan releases emergency oil reserves amid Israel-Iran conflict

Oil price surge could lift global inflation by 60 bps, trim 2026 growth: Gita Gopinath

US crude prices back above $100 a barrel amidst concerns over Kharg island

The Commodities Feed: Brent remains above $100/bbl as Iran conflict develops

Fujairah Suspends Oil Loadings After Another Attack

Kharg Island on Trump’s radar: Why Iran’s tiny outpost could shake global oil markets

Sinopec Slashes Refining Runs as Hormuz Disruption Squeezes Crude Supply

Iraq To Restore Kirkuk-Turkey Pipeline as Iran War Chokes Off Exports

Pakistan Oil Tanker Transits Hormuz

Second ship carrying crude oil reaches Mumbai

India’s energy supplies secure despite Strait of Hormuz disruptions, says Hardeep Singh Puri

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₹38,600/MT
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Cargo Matters: 550 EV Charging Stations in South India
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